MI2's Global Macro Summit

September 26-29| Vail, CO

LIVE NOW! Stream Sessions Virtually!

Pro Macro


September 25, 2023

Strategic imperatives are replacing laissez-faire. Just-in-case trumps just-in-time. This unwinding of globalisation, which delivered the “Peace Dividend” and “Great Moderation” of the last three decades, will inevitably carry costs to the public purse and lead to inefficiencies in the private sector. Necessity dictates the policy shift. Below, thoughts on where it leads.

September 15, 2023

In this month's episode of Insider Talks, Julian Brigden and Raoul Pal join host Harry Melandri to discuss the complexities and implications of recent market moves. Plus, they'll look ahead to key drivers of what's to come in the next few weeks and take questions from Real Vision members.

September 14, 2023

Potential causes of disruption remain legion, but impulse is lacking. Bonds continue to sell off but insufficiently quickly to upset equities. The hope for a weak USD has dissipated but commodities have ground higher as energy and agricultural prices both rise for heterogeneous reasons. Hope dies last, but don’t lash out in frustration.

September 5, 2023

This publication is your ‘go-to’ to view a summary of trade recommendations proposed by Julian and Raoul in their respective In Focus pieces. Each month, we update the performance of these trade recommendations, adding and removing trades as per the advice given in any In Focus publication or Flash Update.

August 29, 2023
Digital innovation has brought transformation in the “world of bits”. But the physical world has lagged behind. The “world of atoms” has been in stasis and the much-desired breakthroughs in energy, transport, medicine and space travel simply haven’t materialised. Breakthroughs are pending and as they arrive, the Great Acceleration will be upon us.
August 25, 2023
Nvidia hype and subsequent price action provides the “tell”. Patience no more. The tension discussed in previous pieces will be resolved to the downside.
August 21, 2023

As we head into summer, I thought it a good idea to take stock of everything to ensure we are all on the same page. I want to do something a little different for this month’s In Focus and give you access to a section from Global Macro Investor that offers additional context around The Everything Code article, which by now you will hopefully have seen.

August 18, 2023
Raoul Pal and Julian Brigden join host Harry Melandri to discuss the complexities and implications of recent bond market fluctuations. The guys will examine the impact of a potential September rate hike and explore the Exponential Age trade. Plus, they’re taking questions from Pro Macro members, so join the live stream to ask yours now.
August 17, 2023

Raoul wants to close his bond trades…