This episode of On Our Radar breaks down the key developments shaping the market landscape, highlights where the data supports—or challenges—our core views, and spotlights the charts commanding our attention right now. We also wrap up with some Hotwire insights on price action.
This episode of On Our Radar breaks down the key developments shaping the market landscape, highlights where the data supports—or challenges—our core views, and spotlights the charts commanding our attention right now. We also wrap up with some Hotwire insights on price action.
As we approached the December FOMC meeting, it appeared that the recent bond market rally had run its course. Earlier concerns that the Fed might not deliver had proven unduly pessimistic. Some of this reflects the Fed’s risk aversion. As inflation concerns have abated, the greater risk to Fed forecasts lies in the labour markets. But what does all this mean for markets as we approached year end?
MI2 Partners Harry Melandri and Julian Brigden sit down with seasoned technical analysts Kevin Wadsworth and Patrick Karim of Northstar Badcharts, known for their chart-driven macroeconomic insights. With backgrounds in military meteorology, systems engineering, and psychology, the guests combine over 30 years of trading experience and a rigorous approach to forecasting. Their analysis focuses on capital rotation processes and long-term macroeconomic cycles, particularly highlighting shifts in capital toward precious metals and commodities. As structural forces shift in the global economy, the conversation explores how historical parallels—especially the late 1960s and 1970s—may inform today’s unfolding financial landscape. Through the lens of charting and technical evidence, the group examines signals of a “Super Capital Rotation Event,” rising inflationary pressures, and the potential implications for asset allocation, from equities and gold to oil and uranium. This discussion provides forward-looking perspectives for navigating a high-risk, high-opportunity market environment.
This episode of On Our Radar breaks down the key developments shaping the market landscape, highlights where the data supports—or challenges—our core views, and spotlights the charts commanding our attention right now. We also wrap up with some Hotwire insights on price action.
MacroCapture Portfolio: your hub for tracking our trade recommendations, monitoring updates to trade targets and stops, and reviewing aggregated performance all in one convenient place.
This piece takes a closer look at macro situation in Japan. Japanese equities have outperformed US equities over the last 6 months. We explain why this is just the beginning and that current trends have legs, provided Takaichi can keep her job. Takaichi won’t be great for JGBs, but the better trade is long Japanese stocks which will benefit from strong growth driven by fiscal policy, accelerating money velocity, and interest rates that will stay lower for longer, despite Bessent’s complaints.
This episode of On Our Radar breaks down the key developments shaping the market landscape, highlights where the data supports—or challenges—our core views, and spotlights the charts commanding our attention right now. We also wrap up with some Hotwire insights on price action.
The price action surrounding the apparent resumption of hostilities in the US-China trade war has been extremely interesting. The question for investors and traders is whether what we have seen was just a correction, or a blow off top. Heightened vigilance and a tightening of stops is advisable.
