Global Macro Update Archive

Gavekal CEO Louis Gave is one of my favorite people to speak with on anything related to portfolio construction and the non-US perspective, and I knew our latest conversation about emerging markets (EM) would be anything but conventional.

If you’re still attempting to make investment decisions without fully integrating geopolitics into your analysis, you’re operating at a significant disadvantage in today’s markets.

Every so often, a single word surfaces and cuts through the noise. If you’re like me, you know the noise all too well.

My favorite kind of chart makes you think, “Huh.”

Have you ever thought about the incredible number of assumptions you make every day, subconsciously?

This might just be my favorite interview of the year. I will humbly admit to learning more about technical analysis from my recent conversation with Jeff deGraaf than I had in the previous two years.

It seems everyone is thinking about artificial intelligence.

If two people you respect recommend the same book to you, do you order it?

The CNN Fear and Greed Index hit “Extreme Fear” territory this week—or what you might call full-blown panic territory.

If you’d told me twenty years ago that we’d soon see rockets launching into orbit every day-and-a-half, I’d have smiled politely and changed the subject.

Your year was either great or awful.

Everyone is wondering if we’re in another tech bubble.