Interview Recorded - 10th of January, 2023
On todays episode of the WTFinance podcast I had the pleasure of speaking with Julian Brigden, Co-Founder and President of Macro Intelligence 2 Partners.
During our conversation we spoke about the hyper-financialisation in the US, how inflation could continue longer than expected, why the US could underperform for the next decade and the absolute decline of the US. I hope you enjoy!
0:00 - Introduction
0:20 - How has hyper-financialisation in the US occurred and what impact does this have on markets?
5:00 - The FED don’t have any choice
6:45 - Key factor is inflation?
10:24 - Is the public behind Powell?
12:50 - Any other trends that Julian is watching?
15:08 - Still net increase in liquidity in the markets?
16:25 - Period of Monetary Debasement
17:20 - Quantitative Tightening
19:50 - Will US Equities be the worst hit during tightening?
22:30 - Follow where the money goes
24:40 - Absolute decline of the US?
25:30 - Real assets that are less economically sensitive
26:26 - Long bonds?
29:45 - One message to take away from our conversation?
30:50 - How to know when to change your strategy?
Julian Brigden is the Head of Research at Macro Intelligence 2 Partners, a firm he co-founded in 2011. He leads a six-person team of research and market professionals to publish independent macroeconomic research that is both ahead of market consensus and timely. Julian has over 30 years of experience in financial markets including positions in market and policy focused consulting to institutional investors as well as FICC sales.
Julian is a trusted advisor to many top money managers who use MI2 Partners’ research to guide their investment process. He has extensive experience with macro data analysis, broad fixed income, equity market (not individual stocks) and currencies. He is particularly skilled at exploring correlations in the economy and financial markets vital to a vast array of investment decision-makers. As a global macro strategist, Julian’s primary focus is understanding and explaining macroeconomic and policy-related developments to tell clients what is important in markets and what to fade.
Julian spent five years at Medley Global Advisors from 1999 to 2004, a leading macro policy intelligence firm, as the Managing Director of the G7 Client Team, providing timely trading recommendations. From 2004 to 2011, he served as North American Head of Hedge Fund Sales at Crédit Agricole. He has worked in London, Zurich, New York and Vail at UBS, Lehman Brothers, HSBC, Drexel, Credit Suisse, and Salomon Brother in foreign exchange and precious metals.
MI2 Institutional Research offers a student discount for their subscription. The Student rate is $5,001/year for one user and includes access to:
8-10 Monthly Research Reports:
· Core Research Reports
· Trader / Chart Point Reports
· Framework Pieces
· Weekly Research Recap
Research Team
· Ask Me Anything recordings and media/podcast interviews of Julian & Research Team
Access to our Japan Update Publication
· Published 10-15 times a month
Access to Pro Macro (Macro Insiders)
· Published 4-5 times a month
Any questions may be directed to: support@mi2partners.com
Julian -
Website - https://mi2partners.com/
Twitter - https://twitter.com/JulianMI2
LinkedIn - https://www.linkedin.com/in/julian-brigden-150b2114
WTFinance -
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Thumbnail image from - https://publicnewstime.com/market-news/entrepreneurs/u-s-may-avoid-a-recession-in-2023/