Tim Toohey's macro masterclass

The Rules of Investing

Livewire Markets

It’s a rare opportunity to get to sit down with an economist of the calibre of Tim Toohey from Ellerston Capital. He was formerly the Managing Director, Chief Economist, and Head of Macro Strategy for Australia and New Zealand at Goldman Sachs, where he earned a reputation as one of Australia’s best macro forecasters. In 2017, he joined Tudor Investments’ star portfolio manager, Brett Gillespie, in setting up the Global Macro Fund at Ellerston Capital. So, when offered the opportunity to talk to Tim for the best part of an hour, I made sure to cover off all the big topics concerning investors today; Australian rates and consumers, Fed policy, the turnaround in China, and of course, the possibility of a housing-driven recession in Australia. Tune in to the latest episode of The Rules of Investing podcast below to hear his take on the world today.


Time stamps:

  • 2:05: Yogi Berra and the range of possibilities
  • 6:30: What are bond managers trying to tell us?
  • 8:45: Employment is going to get interesting
  • 14:10: Why a robust consumer will be key
  • 16:22: The policy of least regret
  • 23:15: When will the cut come?
  • 25:15: Upbeat but mindful about China
  • 30:30: Will the Chinese buyers come back?
  • 31:40: Chance of an Aussie recession?
  • 34:30: What will get the Fed going again?
  • 41:08: So, what are you reading?
  • 42:12: If you had a time machine ...
  • 43:37: The biggest risk

More podcasts

If you're enjoying The Rules of Investing and don't want to miss a future episode, subscribe now to get notified when a new episode is released.

Or stay up to date with my content by hitting the 'follow' button below and you'll be notified every time I post a wire.



2 contributors mentioned

The Rules of Investing
Livewire Markets

The Rules of Investing is one of Australia's top investing podcasts. We interview the leading investment minds from Australia and overseas to better understand their processes and philosophy. After launching in October 2017, there have been over...

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment