Macro Mondays

In this podcast, Bob Elliott, an expert in US Treasuries and founder of Unlimited Funds, discusses the outlook for treasuries and the impact of new House speaker and upcoming appropriations talks. Other topics include inflation trends, debt issuance battle, foreign purchases of treasuries, steps before Fed can ease, European inflation, challenges of shorting in bonds, and a possible rally in the long end of the yield curve.

Expert in commodities and positioning at Saxo Bank, Steen Jakobsen, joins Andreas to discuss inflation math and its importance. They analyze the current economic trends, inflation situation in Japan, yield curve uninversion as a recession signal, factors contributing to inflation, trade opportunities in natural gas, and the importance of a steeper U curve in the US dollar curves.

Warren Pies, an expert in oil and bonds, joins the hosts to discuss whether energy stocks can replace fixed income. They analyze market perception of interest rate hikes, Jay Powell's views on inflation, shifts in the oil market, and the impact of energy prices in Europe.

The podcast discusses the potential impact of rising energy prices on the US economy and the dollar, including the challenge to the dominance of the US dollar and the possibility of an earlier recession. They also analyze the consequences of a lack of agreement on spending, including automatic spending cuts and the possibility of a recession. The speakers discuss recent trends and signals in the energy market, including their long energy bias and the cracks in gasoline prices. They also touch on the decline in gasoline demand, implications for the transportation industry, and the decision to buy consumer discretionary stocks. Finally, they discuss the argument for being long on a certain metric and their temptation to say that the dollar is a strong place to hide.

This podcast discusses the state of nuclear energy, including the current conditions of the commodity and energy markets. They explore the rising prices and decreased availability of uranium, as well as the need to fill a significant gap in demand. The speaker also shares their hesitations about taking on trades in the nuclear market and proposes shifting focus within the energy space. Additionally, they discuss concerns about Europe's overperformance and a potential market downturn.

Former President of the Atlanta Fed and former FOMC member Dennis Lockhart shares his view on central banks and the US economy. Frances Donald, Global Chief Economist at Manulife Investment, discusses market analysis and the potential for risk asset surges. They cover central bank decisions/non-decisions, impact of oil on disinflation, recession risk, asset allocation, variable rate mortgages, immigration's impact on housing market, and trading strategies.

The podcast discusses the state of the European economy, the energy situation in Europe, the potential crisis in commercial real estate, Asian tourism trends, and the effects of Chinese tourists on other countries. They also explore the implications of China's stabilization for energy prices and the opportunities in Japan's tourism economy.

Mikael Sarwe, an expert from Nordea Bank, discusses the impact of production cuts on inflation and growth. Topics include oil price rallies, OPEC's actions, GDP vs GDI, current momentum in geographies, US housing market, prospects of Europe bringing inflation, and a four-day working week in Germany.

Michael Cembalest of J.P. Morgan discusses The Rasputin Effect, the US labor market, fiscal policy, interest rates, and the impact of the Chips Act and IRA. The podcast also explores the projection of US tax revenue being consumed by entitlements and interest. Economic challenges for Europe and China are also analyzed, along with discussions on adjustments, establishing a floor, and transparency.

Former Director at The Economist Intelligence Unit in Asia, Tony Nash, joins the hosts to discuss the evolving crisis in Beijing. They talk about the impact of the weak Chinese currency on import prices, the downfall of the banking industry in Ireland, and portfolio bets on European vulnerability and Asian assets. They also explore the similarities between the Euro and the Korean won and offer an exclusive discount for the audience.