This in‐depth live Q&A features guests Corey Hoffstein, Chief Investment Officer of Newfound Research, and Adam Butler, CIO of ReSolve Global, alongside host Rodrigo Gordillo, President and Portfolio Manager of ReSolve Global. In this episode, the panel unpacks the current macro market shifts and their impact on managed futures strategies, discussing topics such as policy shocks, systematic trend and carry models, volatility, and historical market precedents.Topics Discussed• Global Macro Market Dynamics and Policy Shifts affecting asset classes across Europe, the U.S., and beyond• The Cumulative Impact on Managed Futures and Systematic Strategies that span multiple asset classes• Multi-Asset Carry Strategy Fundamentals, including yield extraction and financing differentials• Trend Following Strategies under Volatile and Reversal Conditions in rapidly shifting markets• Risk Adjustments and Portfolio Rebalancing Mechanisms as systematic models react to sudden market changes• Historical Precedents: Lessons from events like the 1994 bond massacre and subsequent policy shocks• The Interplay between Policy Announcements and Systematic Strategy Performance amid geopolitical surprises• Advisory Perspectives and Long-Term Risk Management for communicating drawdowns and premiums to clients

David Woo, CEO of David Woo Unbound and former strategist at Bank of America, shares his insights on global economic shifts. He discusses the impact of U.S. trade policies on Europe, particularly following Germany's elections. Woo delves into tariffs and their effects on industries like automotive, and explores emerging market opportunities amid changing investor flows. He also analyzes technology disruptions in cloud and semiconductors, while emphasizing necessary fiscal discipline to manage inflation and bolster economic stability.

Daniel Waldenström, a professor of economics renowned for his analysis on growth and distribution, shares his insights on wealth inequality and economic crises. He delves into the lessons from Sweden's economic turmoil in the 90s, emphasizing the role of policy makers. The discussion contrasts wealth dynamics in the U.S. with other Western nations and highlights the importance of education, labor laws, and asset price appreciation in shaping economic outcomes. Waldenström also explores the impact of AI and financialization on the future of labor and wealth distribution.

In this riveting episode, the ReSolve team converses with Warren Mosler, a prominent economist and theorist in the field of Modern Monetary Theory (MMT). The conversation is enriched by the presence of Richard Latterman, a portfolio manager at Resolve, who is keen on gaining insights on policy and economics. The discussion dives deep into the evolution of economics, the departure of MMT from classical economics, the impact of interest rates on inflation, and the intricacies of the banking system.Topics Discussed• Warren Mosler provides an introduction to Modern Monetary Theory and how it deviates from classical economics• The discussion delves into the order of operations in economics, with a focus on the concept of 'spend before taxing and borrowing'• Exploration of the role of the U.S. government in the creation of dollars and the implications of this process• Discussion on the fear of removing the scarcity constraint or the scarcity mindset in economics• Analysis of the impact of interest rates on inflation, challenging conventional economic wisdom• Understanding the concept of continuous change in the price level under floating exchange rates• The conversation delves into the complexities of the banking system and the role of regulations and compliance• Warren Mosler shares his views on the potential impact of certain policy suggestions on the current economic system.• The discussion concludes with Warren Mosler sharing his non-consensus views on investment and asset allocation.This episode is a treasure trove of insights for anyone interested in understanding the nuances of Modern Monetary Theory, the impact of interest rates on inflation, and the intricacies of the banking system. Warren Mosler's insightful views challenge conventional economic wisdom and provide a fresh perspective on the evolution of economics and economic policy.

Explore the intriguing world of portable alpha, an investment strategy that enhances returns by blending traditional and alternative assets. Learn how capital-efficient ETFs like RSSB enable investors to stack returns and optimize portfolios. The discussion dives into strategies for maximizing portfolio efficiency, using U.S. Treasury futures, and achieving diversification. Discover innovative ways to construct portfolios that tackle common funding challenges while enhancing performance. Get ready for a fresh perspective on investment strategies!

In this discussion, John Skrentny, a UC San Diego sociology professor and author of Wasted Education, tackles the complexities of STEM education and workforce dynamics. He critiques the myth that more STEM graduates directly translate to innovation. Topics include the surprising career paths of STEM graduates, the role of universities in continuous training, and the necessary blend of technical and non-technical skills. Skrentny also highlights the impact of AI on job demand and the importance of adapting educational approaches to prepare for future challenges.

Meb Faber, a financial expert, discusses the potential of cannabis investments and unique strategies that counter crowd consensus on Twitter. Corey Hoffstein, a crypto advocate, proposes a complex trading strategy involving Bitcoin and Ethereum. Wes Gray shares insights on enhancing transparency in exchange funds and analyzes the energy sector's growth potential. The conversation is lively and packed with innovative investment ideas, perfect for anyone looking to navigate the ever-evolving financial landscape.

In this engaging discussion, Brian Portnoy, co-founder of Shaping Wealth and author on behavioral finance, shares insights on the evolving field of financial planning. He introduces 'behavioral finance 2.0,' highlighting the need for advisors to embrace clients' humanity. They explore concepts of identity, reflective happiness versus life satisfaction, and the importance of emotional intelligence in client interactions. The episode also presents Lydia, an innovative AI tool designed to enhance empathetic communication in financial advising, fostering deeper connections and meaningful dialogue.

Rodrigo Gordillo, a seasoned Portfolio Manager and co-founder of Return Stacked ETFs, shares insights on maximizing investment returns. He discusses the synergy of trend following and carry strategies, revealing how their combination can create a resilient portfolio across varying market conditions. The conversation touches on the benefits of true diversification through managed futures and the predictive power of carry in forecasting returns. Gordillo also examines real-world applications and the advantages of finding balance in alternative investment strategies.

In this riveting episode, we dive deep into the world of fiscal and monetary systems, post the global financial crisis of 2008. We are joined by Jordan MacLeod, an intellectual powerhouse who has been at the forefront of revolutionizing the global monetary system. We discuss the trends identified in 2009, the impact of 2008 on the urgency to rethink monetary frameworks, and the potential for a global rebalancing in economic and monetary frameworks.Topics Discussed• The journey of Jordan MacLeod's intellectual background and his work on identifying global trends and the future• The impact of the 2008 financial crisis on the urgency to rethink monetary frameworks• The potential for a global rebalancing in economic and monetary frameworks• The concept of a zero interest economy and its implications• The role of AI, robotics, and automation in changing the nature of labor markets• The possibility of moving from a financialized economy to a real economy• The mechanism to migrate from a speculative economy to a real economy• The potential of a new monetary system and the signs to look for that decision makers are moving in this directionThis episode is a must-listen for anyone interested in understanding the complexities of the global monetary system, the potential for a shift towards a real economy, and the implications of AI and automation on labor markets. Join us as we navigate through these intricate topics, providing valuable insights and strategies to understand the uncertain financial landscape.*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.