Author: evencio.alvarez14@gmail.com
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Value Ventures: A Prologue
Hello Macro Ops World! Like the first program to run on the original Macintosh, my introduction into this growing community of people striving to be the best they can be inside and out of the markets isn’t fancy. My name is Mr. Bean. No, it’s not the name I wanted — I would’ve rather preferred…
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Brexit, Yellow Jackets, Venezuela and Global Threats with Ben Hockman
This week on the podcast Chris speaks with Ben Hockman. Ben is part of an incident response team for one of the largest financial institutions in the world. This team has a heavy focus on cybersecurity, intelligence, terrorism and physical security with active operations in Latin America, the Colombia/Venezuela border, Mexico and Europe. Additionally Ben…
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Retail Sanity, Wholesale Madness, and Texas Tea
Tyler here with your latest Friday Macro Musings…As always, if you come across something cool during the week, shoot an email to alex@macro-ops.com and we’ll share it with the group. Latest Articles/Podcasts/Videos — Shippers: The Most Bombed Out Sector of the Market — Alex reveals his latest deep value thesis on the shipping sector. If…
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Shippers: The Most Bombed Out Sector of the Market
Sir John Templeton used to quip that “People are always asking me where the outlook is good, but that’s the wrong question… The right question is: Where is the outlook the most miserable? Invest at the point of maximum pessimism.” If you want deep value and a wide margin of safety then you have to…
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Bear Markets and Liquidity Conditions
Credit spreads have narrowed significantly since the beginning of the year. Check out the graph below via Citi Bank.Credit spreads and stocks move together because all market moves are governed by liquidity conditions. When liquidity conditions tighten (credit spreads widen) the cost of capital goes up, and therefore the returns investors receive in equities relative…
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Macro Moves in Metals, Bonds and Currencies
This is a solo cast with me Chris D.As a quantitative systematic trader, I look at price action to come up with a repeatable approach to trading the global macro space. Generally speaking the markets don’t line up all together in a way that is easy to identify, but this last week everything lined up…
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Global Disunion and a DEEP Value Industrial Mining Play
Alex here with your latest Friday Macro Musings…As always, if you come across something cool during the week, shoot an email to alex@macro-ops.com and we’ll share it with the group. Articles I’m reading —Someone shared this on the twitter, @chriswmayer maybe? Anyways, it’s a good read about a little known but highly respected value investor…
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A Contrarian and a Calculator + The DEEP Value Case For Shipping Stocks
Alex here with your latest Friday Macro Musings…As always, if you come across something cool during the week, shoot an email to alex@macro-ops.com and we’ll share it with the group. Latest Articles/Podcasts/Videos —The Fed Put Is Real and China Stimulates — Alex updates us all on China’s surprise stimulus and the Fed’s epic flip from…
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Macro Ops Podcast: Alex, Tyler, Chris and Mr. B talk Macro Intelligence Report, Global Macro in the 90’s, Value, Systems Trading, Volatility, and Wealth
Chris hosts an epic 2.5+ hour Macro Ops roundtable with Alex Barrow, Tyler Kling and Mr. B.Mr. B gets a call sign update to Mr. Bean…though that did not go as well as he had hoped. This is a monster podcast, unedited, long form, plug in and go deep with us. Apple PodcastsGoogle PodcastsSpotifyAnchorStitcherPocket CastsBreakerOvercastRadio…
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The Fed Put Is Real and China Stimulates
In our December MIR titled Genghis John and Building Snowmobiles during the midst of the market rout I wrote the following noting the key macro variables we didn’t and couldn’t know at the time: We can’t predict with high certainty exactly how the Fed will react to slowing global data ex. US We can’t predict…