Bespoke Investment Group's premium Twitter account focusing on macro investment analysis and breaking news events. Private feed only available to paid @bespokemacro subscribers.
The Brazilian financial system is *BACK*.
Reflation themes are now fully priced. 10y inflation breakeven is now the highest (2.10%) since September of 2014.
The problem with betting on a hawkish ECB, an enthusiastic market trend of late.
Core PCE slowly firming and real spending strong but new lows in the personal savings rate (2.4%) in December.
Important to not read too far into Advance GDP numbers. Unexpected tailwind: government, where contribution was the strongest since Q3 '16. Unexpected headwind: inventories, which are still a headwind despite low levels.
A multidisciplinary behavioural approach to global macro trading. Focusing on currencies, commodities, rates, L/S single stocks and their volatilities... Posting charts, analysis and compelling arguments for action.
Mark Dow's private Twitter channel, sharing experiences & processes in a cleaner, more focused way. All Global Macro, all the time.