< 10 mins
Who Will Win Round 2?
US has the upper-hand in the trade war but China has time on its side. What are the two tail-risks in Round 2? I remain bearish RMB and like gold
368
6
4
Friday, April 11, 2025
Leverage without leverage
Warren Buffett and Peter Lynch tell us that diversification is bad. We explain what really happens when you diversify, and how we use it.
MORE BUYERS OR SELLERS?
Monday fast money
Chinese data suggests Covid testing is being reduced
Asymptomatic cases in China have begun to diverge from symptomatic cases.
ON THE RADAR
Who Will Win Round 2?
US has the upper-hand in the trade war but China has time on its side. What are the two tail-risks in Round 2? I remain bearish RMB and like gold
368
6
4
Friday, April 11, 2025
METHODOLOGY:
1: Excess returns are calculated daily using US closing prices.
2. Portfolios are rebalanced on Mondays at New York open, based on allocation strategies discussed in our Beat the Market video on Sunday.
3: The calibration of our risk exposure is based on our target of annual excess return of 250 basis points and information ratio of 2.
MACRO STOCK SCREEN
A tool to find stocks that should benefit from our macro views (or yours!). Includes a technical signal to screen for interesting trade candidates.
OUR TRACK RECORD
We trade our macro views transparently and provide daily updates of how we are doing relative to our benchmark of SPY.
