My mantra is simple and what drives my Macro-To-Micro trading style: Policies lead economy. Credit leads equities. And Volatility reprices everything.
My Gone Fishing Newsletter is divided into basically three parts:
- Reflections and Inflections
- Sector Watch
- Macro Considerations
Perception Versus Reality. That is what we are all testing out against our market analysis each and every day. I can’t see a better example of that then my knowledge of how structural, bullish, capital flow has on market pricing and yet how I *see* the cracks of diminishing return with every tick higher. * […]