Trades: Alpha Report and Week Ahead
Energy beta and bonds
The macro regime laid out in the macro report continues to be confirmed:
Comprehensive Macro Report
Intro: As I noted in the 1-year accomplishment article (link): Get ready to move A LOT faster This macro report is just the beginning. I will be releasing several additional alpha reports this week for paid subscribers. As a reminder, the price of the Substack will be increasing to $60 a month ($720 annually) on March 31st. If you Subscribe BEFORE then you can lock in the lower rate of $50 a month ($600 annually).
The main events of this week are CPI and the minutes:
Momentum remains squarely skewed to the upside in equities:
Dispersions under the surface continue to produce significant opportunities for generating alpha. See the most recent report by
While media participants continue talking about tails, bonds remain in a mean reversion regime as noted in this article:
Brainstorms: Be careful what you know
From Sherlock Holmes by Conan Doyle: "His ignorance was as remarkable as his knowledge. Of contemporary literature, philosophy and politics he appeared to know next to nothing. Upon my quoting Thomas Carlyle, he inquired in the naivest way who he might be and what he had done. My surprise reached a climax, however, when I found incidentally that he was …
The equity and bond market has already priced in the Fed cutting rates later than expected. The bigger question is what will happen when these “insurance cuts” are realized?
See the attached alpha report with analysis on bonds, crude, and equities. If my bond strategy triggers a trade this week, I will let you know so keep your notifications on.
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