August 2, 2024

LOCKED Macro Insiders: In Focus Trade Portfolio – August 2024

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.

August 2, 2024

Thoughts From The Divide: The Door is Wide Open

“If they don’t move, they are definitely gonna increase the risk of recession” Last week, we flagged Bill Dudley’s abrupt change of mind: he now

August 2, 2024

LOCKED Japan Update: Nikkei 225 Falls Most Since 1987 Crash

Nikkei 225 Falls Most Since 1987 Crash
Sudden Yen Rally Leaves Corporate Internal Exchange Rates Lagging
Politics: Let the Games Begin

August 2, 2024

LOCKED MI2 Chart Point: Reflexive EURUSD

In the middle of last month, we outlined how we believed we were on the cusp of a transition from the reflexive boom in US assets and the economy, which had dominated investment flows for the last decade, to a bust (“US Assets: The Unwind” 18th July).

August 2, 2024