The four big trades we see ahead

Daniel Weston

Today I present four charts which outlines our key market themes and portfolio positioning as we face ongoing Brexit uncertainty and malaise, a ever tightening US election race and a domestic weakening of Merkel's political powers in Germany. Show More

Growth, Inflation, Liquidity and Sentiment Indicators

Daniel Weston

A year ago I sat here thinking that economic fundamentals mattered most when being a global macro investor. The "fundamentals" were driving my calls and it was working. It is exactly one year since my bearish, "fundamental" view of Commodities, Stocks and China lead the portfolio to enjoy the gains... Show More

The dollar: Fact or fashion?

Daniel Weston

Since early January, we've been bullish the AUD against the USD. Currencies often trade on either fact or fashion; sometimes it can be hard to pin down which one it is! Last year it was certainly fashionable to short the Aussie, and we short we were. Chinese economic weakness was... Show More