A New Model to Manage Macro Risk

Published on
January 25th, 2019
Duration
59 minutes

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58

A New Model to Manage Macro Risk

The Interview ·
Featuring Keith McCullough

Published on: January 25th, 2019 • Duration: 59 minutes

In his inaugural appearance on Real Vision, Keith McCullough, founder and CEO of Hedgeye, explains why now is the time to pay special attention to macro risk. In his opinion, factor-based index investing and the growth of market-neutral hedge fund strategies have made financial markets more sensitive to macro risks than ever before. With growth slowing globally and volatility rising, investors need to find ways to marry bottoms-up analysis with top-down risk assessments in one holistic approach. Keith speaks specifically to fixed income, currency, and industry sector strategies. He and Raoul also discuss the issues with the mainstream financial media landscape. Filmed on January 14, 2019 in New York.

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Chapters

  1. 00:01:26
    Career Beginnings
  2. 00:03:52
    Bottoms-Up Meets Top-Down
  3. 00:07:55
    Starting Hedgeye
  4. 00:14:51
    Mistakes Were Made
  5. 00:17:15
    The Hedgeye Process
  6. 00:21:29
    Macro Tourists
  7. 00:25:32
    Stagflation or Stagnation
  8. 00:27:48
    Coursing Through the Economic Quadrants
  9. 00:29:42
    What Happens in Fixed Income?
  10. 00:31:57
    How to Think about Currencies
  11. 00:36:11
    What about Sector and Corporate Analysis?
  12. 00:41:45
    The Algos
  13. 00:47:37
    Old Wall (Street)