I have framed the macro backdrop and trades I am running here:
Week Ahead: Risk Premias and Alpha Generation
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Intro: After spending the weekend rethinking and reanalyzing things I want to reframe things marginally and explain how I am thinking about running trades for the next 4 weeks. Main idea: macro volatility is back and this will require further active decisions in order to outperform broad beta. Additionally, it will be incredibly important to be nimble over the next 4 weeks. For example, we had an incredibly strong rally in oil during an overnight session that immediately reversed the next day. The same thing happened for stocks and bonds. These TYPES of move are incredibly high frequency and require split-second decisions to actively take advantage of them.