Author: Mikkel Rosenvold

Dear all, Despite a fairly benign presser from Powell Wednesday, the continuation of sour risk sentiment and weak economic data has made it difficult to make money in equities, crypto and the likes, while fixed income has been one of the few places to hide together with copper and gold as tariff hedges have come…

REMEMBER OUR LIVE Q&A ON WEDNESDAY  – BOOK IN YOUR CALENDAR BY CLICKING HERE!   Dear all,   We are entering a groundbreaking period with critical negotiations unfolding simultaneously around Ukraine, Yemen, and Gaza. Donald Trump’s geopolitical team is now facing a major test as the Middle East truce unravels, while Iran continues to challenge…

Dear all, It has been a couple of incredibly challenging weeks for US assets, but our nowcasting techniques have thankfully kept us on the right side of developments. We have been short USD and positioned for lower USD bond yields, while our equity exposure has been limited to a few European bets. As a result,…

Dear all, Last week was another solid performance for our macro strategy as we successfully navigated a tariff-fueled market environment. We found “shelter” in our strategy, favoring precious metals, JPY, and other macro momentum bets in response to incoming tariffs. The reciprocal tariffs expected this week will be important to monitor in our nowcasts. For…

  Dear all,   A week ago, everyone was focused on the Chinese DeepSeek model, and now, just one week later, Trump’s trade policies are back in the limelight. We continue to judge that Trump is focused on being seen as a deal-maker, leading to the conclusion that tariffs are mainly used to force urgent…