Steno Signals #184 – Here is the roadmap for the business cycle in 2025
2025-02-09Reciprocal tariffs will put markets on the back foot right from the start of the week, leaving certain EMs highly vulnerable, while Europe remains well-positioned. Setting the noise aside, the ...Here is what we told Hedge Funds this week – and how we’re trading it!
2025-02-07Each week, we summarize the key insights we’ve shared with hedge funds, highlight what to watch for, and explain how we’re navigating the macro landscape – all in a simple, ...The Drill – Oil down and precious metals UP.. The short USD trade in Geopolitics
2025-02-04When cutting out the Trump noise, there are very decent opportunities in both oil and gold on a trend basis backed by geopolitics! To read the full article, sign up for ...Steno Signals #183 – The Pain Trade is a Weaker USD, While China Could Surprise on the Upside
2025-02-02“How would you go long the USD at the Wellington open?” is a clear hint of the current sentiment. Could the USD peak already today, and where is the money ...Here is what we told Hedge Funds this week – and how we’re trading it!
2025-01-31Each week, we summarize the key insights we’ve shared with hedge funds, highlight what to watch for, and explain how we’re navigating the macro landscape – all in a simple, ...Positioning Watch – Has DeepSeek Really Made Markets Flip on Tech?
2025-01-30Has Deepseek changed anything when it comes to positioning and sentiment? Not really, and Tech continues to be a fan-favourite in equity space! To read the full article, sign up for ...Macro Nugget: Don’t look at this chart, Lagarde
2025-01-29ECB is one French power plant away from readjusting their rate cutting path…The Drill: The commoditization of AI is here
2025-01-28Our Thoughts on DeepSeek and the Commoditization of AI/GPUs, Plus Trump/Energy and Europe: Is This the Most Bullish Event in Years or a Problem for Nasdaq and NVIDIA? Let’s take ...Macro Nugget: Growth focus after Trump’s first week
2025-01-27Manufacturing sentiment partying like it is 2021!Steno Signals #182 – Cutting Through the Trump Noise: A Massive Uniform Move Is Happening
2025-01-26There are (and will be) Trump headlines right, left and centre over the coming weeks. Trading macro is therefore all about being right on the core underlying macro trends and ...