(Links mentioned in the podcast are in the show notes below: check them out!)Alf and Brent discuss the soft patch the US seems to be going through and the CPI number released this week. If markets are going to continue with this low-vol grind

Early Signs of Weakness

7 days ago 37m 46s

The Bank of England pre-announced a rate cut in June, the Swedish Riksbank cut interest rates, and there are a few early signs of weakness emerging in the US as well.Is the market ready for a regime switch?Alf and Brent also discuss how they

A New Fed Put?

14 days ago 37m 24s

Descrizione: Nominal growth is showing some early signs of fatigue, while economists' expectations remain elevated and market pricing still quite hawkish. Alf and Brent discuss potential opportunities arising from this setup, and spend time arg

A Contrarian Macro Thesis

21 days ago 37m 59s

US Q1 Real GDP printed below expectations but still at a respectable 1.6%, and core inflation was hotter than analysts forecast: more fuel on the fire of the reflation theme? Alf and Brent present a contrarian macro thesis instead, and also dis

What if Hikes are Stimulative?!

28 days ago 36m 36s

The Fed is all of a sudden opening up to the possibility of hikes: what now? But most importantly: have you ever thought about the possibility of Fed hikes being stimulative? And finally: do you have any idea why every Central Bank in the world

Yes, But What Will Break Markets?

Apr 12th, 2024 37m 47s

This week Alf and Brent discuss how markets seem to be on the lookout for a release valve for the combination of a Fed talking about cuts while nominal growth doesn't call for them: commodiites, bond markets, and the US Dollar seem to be all br

The Next Big Trade?

Apr 5th, 2024 36m

Interested in Alf's Macro Fund?Send an email to [email protected] are in reflation mode with commodities getting bid all over the place: not only gold and crude oil, but also silver, copper, zinc, you name it. Also, the US Doll

Macro Traders Reflections

Mar 29th, 2024 36m 59s

Alf welcomes back Brent to the show, and the co-host duo discusses macro data, Fed's Waller speech, Japan and China. But most importantly they share thoughts and observations about the current low volatility market regime, how to approach it tr

Dario Perkins: These Central Banks Better Pivot Fast

Mar 22nd, 2024 36m 46s

This week Alf welcomes Dario Perkins to the show. Dario discusses how we got here with much more benign inflationary dynamics without a big damage to labor markets - hint: Central Bankers were lucky more than skilled. Dario and Alf discuss the

Volatility is Coming

Mar 15th, 2024 35m 38s

The bond market is waking up to the idea that inflation might be a bit stickier and the Fed's hands are tied. Alf and Brent discuss what this implies for global macro asset classes, and highlight a few trade ideas. Sign up for the free waitin

Animal Spirits Running Loose

Mar 8th, 2024 39m 2s

Alf and Brent discuss how animal spirits seem to be running loose in several asset classes. Signs are evident not only in stocks but also in gold, Bitcoin and option markets. They also focus on Japan and the potential tectonic shifts in the Ban

Macro Opportunities Around The World

Feb 29th, 2024 36m 31s

Alf and Brent discuss the outlook for the US economy, and how bond markets have adjusted their pricing to reflect the odds of a soft landing. Is there a trade maybe? They then move their focus to Canada, Europe, New Zealand, China: a tour aroun

It's Back!

Feb 25th, 2024 58s

The Macro Trading Floor is back! And there are quite some surprises...

This Is It

Jun 25th, 2023 31m 27s

A last, fascinating tour across global macro asset classes before Alf and Andreas switch the lights off for a while. Want to keep up with Andreas and Alf’s macro views? You can keep up with Andreas through the brand new macro podcast called ‘

The ECB Hikes As The Fed Pauses - Is This 2008 Again?

Jun 18th, 2023 38m 21s

In this episode, Alf and Andreas discuss the decisions from the Fed, ECB and Bank of Japan. In a few episodes, The Macro Trading Floor is about to stop for a while: want to keep up with Andreas and Alf’s macro views? You can keep up with And

It's All About Liquidity & Inflation Now

Jun 4th, 2023 43m 37s

The debt ceiling soap opera is over and hence it’s time to rebuild the Treasury General Account - Alf and Andreas bust some of the myths around this topic, and discuss the real market implications out of this. They also look at inflation develo

The AI 5 versus the S&P 495

May 28th, 2023 36m 22s

Tech stocks are pushing stock indexes higher, with AI-related companies (NVIDIA?) leading the rally more decisively while the ''S&P 495'' doesn't join the party. Alf and Andreas discuss this trend, update us on the debt ceiling negotiations, an

A Macro Trader Playbook with Jim Leitner

May 21st, 2023 38m 51s

How does a professional macro investor think about a multipolar world where investment opportunities and challenges might lie outside the US and China? How does he manage risks, correlations and how does he go about finding new trade ideas and

The Debt Ceiling Drama is Approaching

May 14th, 2023 37m 38s

The X-Date for the debt ceiling is approaching and US politicians don't seem keen in finding a swift resolution. This will impact global liquidity, the bond markets and the US Dollar. Alf and Andreas discuss this theme, reflect over US inflatio

The Credit Crunch is Here

May 7th, 2023 34m 6s

Subscribe to The Macro Trading Floor YouTube channel: https://www.youtube.com/channel/UCFk1qCySNf2FIzIidVVW81A -- Alf and Andreas discuss the recent Federal Reserve and ECB decisions and the market reactions. They also dig deep into the unfol

First Republic Under Stress, Now What?

Apr 30th, 2023 43m 12s

Subscribe To The Macro Trading Floor: https://www.youtube.com/channel/UCFk1qCySNf2FIzIidVVW81A -- On today's episode of The Macro Trading Floor, Alfonso & Andreas discuss the continued banking turmoil as First Republic Bank lost around $100 Bil

What's Happening In Global Macro?

Apr 23rd, 2023 38m 32s

Subscribe to The Macro Trading Floor YouTube channel: https://www.youtube.com/channel/UCFk1qCySNf2FIzIidVVW81A -- On today's episode of The Macro Trading Floor, Alfonso & Andreas take a tour of the global macro landscape by looking at the key t

Here Is Why Markets Are Rallying

Apr 16th, 2023 38m 25s

On today's episode of The Macro Trading Floor, Alfonso & Andreas begin by breaking down the bank earnings on the back of the recent banking turmoil across markets. We then discuss why markets are rallying as everything from the S&P, Banks & Bi

Here Is Why Markets Are Rallying

Apr 16th, 2023 38m 25s

On today's episode of The Macro Trading Floor, Alfonso & Andreas begin by breaking down the bank earnings on the back of the recent banking turmoil across markets.We then discuss why markets are rallying as everything from the S&P, Banks & Bi

The Hiking Cycle Is Over

Apr 9th, 2023 34m 13s

On today's episode of The Macro Trading Floor, Alfonso & Andreas discuss the recent economic data releases and the growth slowdown they are signalling. We then explore the chances of a Fed pause/pivot. Have the probabilities increased since the