May 2, 2023

LOCKED Macro Insiders: In Focus Trade Portfolio – May 2023

This publication is your ‘go-to’ to view a summary of trade recommendations proposed by Julian and Raoul in their respective In Focus pieces. Each month, we update the performance of these trade recommendations, adding and removing trades as per the advice given in any In Focus publication or Flash Update

May 2, 2023

LOCKED MI2 Trader: HYG and What We Are Watching

If you are like us, your morning meetings are currently reflective of profoundly frustrating and choppy markets, which is terrible news for P/L. The good news is that it affords us the time to kick the tyres of our underlying macro views to see if anything has changed and hopefully offers some trading clarity. To the latter point, we have found a trade that not only fits well with our macro outlook but also offers an attractive risk-reward.

May 2, 2023