Our retail product published in collaboration with Raoul Pal of GMI and Real Vision TV. It is a lighter macro research newsletter focused on assets available to retail investors. Many of our clients use it to reinforce the message.
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.
This month, Julian presents his macro framework based on his virtual road trip to “visit” many of his institutional clients. A lot of the core views will be familiar to you, foremost among those being his rising. inflation theme. Interspersed within the piece are sections incorporating some of the feedback elicited by the presentation. Combined, the piece helps to guide us into 2022 with a sense of where we are and what could surprise money managers as they prepare their asset allocations for Q1 and beyond.
Slowly the bigger-picture weak macro fundamentals are emerging, and clouds are gathering for 2022…
In this month’s Insider Talks, Julian introduces Critical Mass Partners managing partner Michael Taylor, who Julian says is “one of the most accomplished equity traders I’ve known.” Michael “was Millennium’s most successful portfolio manager for many years, running $1 billion for them.” He and Julian went live at 11:00 AM ET to discuss their recent thoughts on the macro environment and global markets and answer questions from members. Moderated by Harry Melandri.
Antipodeans have often been at the forefront of monetary policy experimentation over the course of my career. This time the Wizards of Oz came a cropper. This should highlight the problem with forward guidance taken to extremes and discredit YCC. Whether it matters remains to be seen but for me, oscillating dislocations have truly started.
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.
Off the back of a successful Global Macro Investor Virtual Round table, Raoul wants to take the opportunity to analyse the necessary pre-conditions for the next phase of his Exponential Age thesis.
Raoul brings us up to date on why he is so intensely focused on the digital asset space and why none of us can ignore it. It is literally the biggest thing that has ever happened…
Equities have been assailed by rising short-term rates, a fairly strong USD, the uncertainties of China’s handling of the Evergrande debacle… and still failed to crack. Clearly, FOMO and TINA are still at play. USD strength may now be beginning to roll. If so, it is time to re-enter some combination of precious metal and mining plays.
500 S. Frontage Rd. E., #112 Vail, CO 81657
© MI2 Partners 2021