Navigating the Global Macro Landscape

This chapter examines the intricate dynamics of the current macroeconomic environment, focusing on the U.S. dollar, international equities, and their relationship to geopolitical events like the Russia-Ukraine conflict. It highlights the potential for international stocks to outperform U.S. equities and discusses investment strategies in light of upcoming German elections and their implications for fiscal policies. The analysis also touches on defense spending and the challenges posed by emerging political parties, offering insights into the future of European markets.