Macro Capture

LOCKED Year End Outlook into The Inauguration

In Julian’s final offering for the year, we look at the setup in the US economy and markets, as we head into the inauguration. 

  • The US is enjoying the benefits of a reflexive cycle. But the setup is inherently fragile
  • The economic consequences of President Trump’s re-election while positive, aren’t costless
  • Yet unsurprisingly markets have only focused on the good news, which creates vulnerabilities
  • This week was the wake-up fall for bonds, we have been waiting for, with more to come
  • This, together with the realities of Trump’s policies, will be a challenge for equities, that are priced for perfection
  • For now, the dollar reigns supreme, but remains very vulnerable, if “Exceptionalism” ends 
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December 20, 2024

LOCKED MacroCapture: Strategy Session with Julian Brigden and David Kreisa

David Kreisa, a seasoned trader with nearly 30 years of experience, joins Julian Brigden in this MacroCapture Strategy Session to share insights on disciplined trading strategies, emphasizing the importance of risk management and adaptability in today’s challenging market environment. They discuss recent trades, including a successful long gold position and a disciplined exit on euro calls, alongside current holdings in silver and silver miners. Key macro risks—such as bond market volatility, inflationary pressures, and equity overvaluation—are also explored.

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December 17, 2024

LOCKED Ask Me Anything with Julian Brigden – November 2024

In this session, Julian addresses a broad range of critical macroeconomic issues and market trends, responding to questions from the MacroCapture audience. Guided by moderator Steven Sweeney, the conversation delves into investment strategies, prevailing market conditions, and potential economic changes under a Trump 2.0 administration.

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November 26, 2024

LOCKED MacroCapture: Reconnaissance Report – November 2024

Welcome to the Reconnaissance Report. As noted in the summary, this is an opportunity to take a tour through important charts and “check our priors” to test the soundness of our main theses. Additionally, it will allow us to tee up important levels we are watching so that we are primed to take action (as we will share in Hotwire Alerts) when the moment is right. And with that, on to the charts!

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November 22, 2024

LOCKED Ask Me Anything with Julian Brigden – November 2024

In this Ask Me Anything session, Julian Brigden delves into a wide array of pressing macroeconomic topics and market dynamics, answering questions submitted by the MacroCapture audience. Moderated by Steven Sweeney, the discussion touches on investment strategies, market conditions, and insights into potential economic shifts under a Trump 2.0 administration.

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November 20, 2024

LOCKED MacroCapture: Research Dossier – Post-Election Roadmap

Welcome to Macro Capture. We are excited to launch this new product with its singular focus on macro because, as discussed in our promotional videos, we have not seen such an exciting yet challenging macro backdrop in years. The opportunities are immense, but frankly, so are the risks. So strap in!

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November 14, 2024

LOCKED MacroCapture: Overview

Whether this is one of your first tastes of the work of Julian and MI2 or you’ve been along for the ride over the more than a decade that Julian and the team have been delivering world-class macro analysis, we want to welcome you to MacroCapture. We have the threefold goal of simplifying the world of macro, educating you on how the macro forces drive markets, and finally, and most importantly, making you money through opportunities with asymmetric risk-reward. With that in mind, we want to break down how the different pieces you’ll receive play into those aims!

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November 11, 2024

LOCKED Introducing MacroCapture by MI2 Partners

Welcome to MacroCapture by MI2 Partners! We’re thrilled to embark on this new era of macro research with you, combining MI2’s best-in-class macro insights with actionable guidance specifically tailored for individual investors. In this inaugural video, Julian Brigden shares his excitement and gives you a high-level view of today’s market dynamics, detailing how U.S. economic strength has been fueled by foreign capital flows and a strong dollar, creating a “virtuous cycle” of growth and wealth accumulation. However, Julian also highlights the fragility within this cycle, explaining through George Soros’s concept of “reflexivity” how shifts in critical factors like dollar strength could drive a major market reversal. This foundational insight will help you navigate potential opportunities and risks as we move forward. As a complement to our institutional research, MacroCapture brings individual investors the same high-quality analysis that drives institutional strategies. Thank you for joining us in this new chapter—hope you enjoy!

Disclaimer:
The information contained in MacroCapture is proprietary and confidential. This content is intended exclusively for the personal use of paid subscribers. Unauthorized sharing, reproduction, or distribution of this information is strictly prohibited. By accessing this content, you agree not to share, disclose, or distribute it in any form without explicit permission from MI2 Partners.

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November 11, 2024

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