SI384: Building an Inflation-Proof Portfolio ft. Yoav Git
Top Traders Unplugged
A 50/50 bond and commodity-trend defensive block
Yoav shows a 50% bonds / 50% commodity trend allocation can deliver stable CPI-plus outcomes across regimes.
In this episode, Niels hosts Yoav Git to explore inflation risk, bond fragility, and the changing role of trend following in a world defined by supply shocks and declining trust. Drawing on recent research and market behavior, the conversation examines why traditional bond allocations struggle during inflationary regimes and how commodity trend strategies may offer structural resilience. The discussion spans geopolitics, deglobalization, energy markets, fixed income autocorrelation, and the limits of forecasting macro outcomes. Rather than predicting inflation’s path, the episode focuses on portfolio construction that can endure multiple regimes. What emerges is a disciplined argument for robustness over precision in an increasingly unstable global system.
-----
50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “Ten Reasons to Add Trend Following to Your Portfolio” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Yoav on LinkedIn.
Episode TimeStamps:
00:00 - Introduction and series context
01:08 - Inflation back on the radar
02:38 - Recent podcast influences and inflation narratives
06:56 - Geopolitics, trust, and market fragmentation
08:52 - Commodities, volatility, and supply driven moves
10:48 - Trend performance and early 2026 conditions
11:30 - Fixed income, FX, and emerging market trends
17:26 - The all weather portfolio problem
18:18 - Bonds, inflation regimes, and correlation breakdowns
22:39 - Commodity trend as a defensive building block
27:01 - Are markets signaling higher inflation ahead
30:04 - What commodity trend really means
33:35 - Institutional resistance to commodities
43:51 - Allocation stability versus macro forecasting
45:23 - Fixed income trends, carry, and autocorrelation
Copyright © 2025 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
The AI-powered Podcast Player
