2min chapter

Michael Covel's Trend Following cover image

Ep. 1141: How Did They Know with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

CHAPTER

Trend Followers Want Consistent Returns

Central banks were very much in command of the narrative that led at least in the most liquid developed financial markets to constrain prices. That's what trend point doesn't like. Then you get an event like COVID happening and all of a sudden the characteristics have changed. Instead of central banks controlling the markets, it's really data and the markets that are controlling central bank action. The ramifications of that and difficult to predict but what you get is a system where pressure starts to build up. It may cause prices to move in one part of the ecosystem and then all of a suddenly another part of thecosystem.That is where trend following tends to do well.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode