Macro Podcast: Macro Alpha Primer

Positioning Premiums: How you pay a premium or discount for exposure to expected vs realized returns

I just recorded a podcast further explaining the Macro Alpha Report I wrote on positioning:

Here is the Macro Alpha Primer I cover in the podcast:

Here are all the previous primers:

• Macro Alpha Primer: Credit Risk and Duration Risk and Macro Podcast: Macro Alpha Primer

• Macro Alpha Primer: Correlations and Macro Podcast: Macro Alpha Primer

• Macro Alpha Primer: Macro Catalysts, Hedging Pressure, and Positioning and Macro Podcast: Macro Alpha Primer

Check out the equity report I wrote here on the current risk reward and trades I am running in the S&P500.