Adapting to New Market Nuances and the Golden Age of Macro
Julian Brigden, founder of MI2 Partners, updates his view on the current macro and market landscape, arguing that although navigating the current market requires nuanced perspective and strategies, he remains bearish on the dollar and bullish on risk assets. He cautions that rate of change of yields and monetary and fiscal support are key to this view, but adds that he thinks policymakers will be reactive and that any hiccups will be entry points—not the end of times. He also says he is looking out for a generational entry point in commodities and emerging markets and admits that some “bubbles” exist in assets like Tesla and perhaps even narratives close to his own heart like short-dollar and reflation. Filmed on February 8, 2021.