On today's episode of The Macro Trading Floor, Andreas and Alfonso welcome John Normand Cross-Asset Strategist, JPM alum for a global macro tour of the world.
John walks through the most anticipated recession in history by looking at the current market pricing in FX, rates and credit. Has the forecasted slowdown in 2023 really started to rear its head under the headlines in financial media? John then goes on to discuss the Chinese reopening and what implications the second largest economy coming back online will have for the rest of the global economy as inflation continues on it's current downtrend. Finally, John shares his actionable trade idea, but to hear that, you'll have to tune in!
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Timestamps:
00:00 Introduction
00:55 What Is Happening With The BoJ?
05:55 The ECB Is Going Against The Tide
09:23 What Is The Trade?
12:15 Feature Interview With John Normand
18:41 Curve Ad
20:08 A 2023 Global Macro Outlook
24:00 The Most Anticipated Recession In History
30:31 Structural Shifts In The Economy
34:29 Wisdom Tree Ad
35:03 Asset Allocation In 2023
38:13 John's Actionable Trade Idea
40:55 Post Interview: Final Thoughts
45:28 Preparing For A Global Slowdown
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Disclaimer: Nothing discussed on The Macro Trading Floor should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.
