42 Macro

Bond Market Meltdown: Which Inning Are We In? Hosted by Adam Taggart, Darius Dale joined Luke Gromen for a wide-ranging discussion on the growing disequilibrium in the Treasury bond market, and what the policy response could mean for investors. If the U.S. is further along in this game than investors realize, the cost of being positioned incorrectly will have a long-lasting impact on many portfolios. Watch the full discussion here: https://lnkd.in/eWPZnSVX

What Comes Next as the Fourth Turning Accelerates? Darius Dale joined Erik Townsend and Patrick Ceresna, CMT DMS CIM on MacroVoices to explain why a widening, geopolitically driven supply-demand imbalance in the Treasury bond market is forcing increasingly aggressive policy intervention and pushing the U.S. toward Paradigm D, “Ctrl+P.” Listen to the full discussion here: https://lnkd.in/e3jxeywS Register for supporting materials here: https://lnkd.in/ec-JwNph

“The biggest mistake the Fed can make this year is doing anything.” - Darius Dale on Bloomberg Television Darius joined Jonathan Ferro, Lisa Abramowicz, and Annmarie Hordern to explain why productivity growth, driven in part by AI diffusion, continues to support a bullish medium-term outlook for risk assets. Investors should keep their eyes on the capital appreciation prize even as they navigate potential near-term volatility amid crowded bullish positioning and meaningful headwinds from the inflation cycle.

Will the Fed Spoil the Good Times by Adjusting Policy in Any Direction? Darius Dale joined Tom Keene and Paul Sweeney on Bloomberg Radio to break down why 42 Macro believes the structural uptrend in productivity growth remains the key driver of economic growth, corporate profits, and equity valuations—and a key driver of Fed indecision. The most important thing investors should have learned from the US-Iran conflict and closure of the Strait of Hormuz is that productivity growth is PC1. As we’ve argued for several quarters now, if productivity growth is in a structural uptrend, then the stock market will be as well.

42 Macro delivers systematic macro research focused on risk management and asset allocation, designed to support informed investment decisions across market regimes.

Understanding what is happening in markets today is only part of the investment challenge. Investors also need to understand where conditions may be headed next. Macro Strategist Pro combines 42 Macro’s current market research and signals with longer-term macro forecasts to help investors connect what is happening now with what could come next.