Today we are joined by Matt Smith, Investment Director at Ruffer for a fascinating discussion on global markets, asset allocation and how history can guide us in the current global macro landscape. Matt explains why Ruffer is defensively positioned at the moment, why he is sceptical of the AI rally in stocks in recent months and where is he sees opportunity in markets at the moment. We discuss the secular outlook for inflation and why Matt believes we sill see greater volatility and a trend higher in inflation over time and what that means for asset allocation. We also delve into the parallels between the current investing and global macro environment versus the past particularly the period between 1940 and 1970 and hear about some of the key books that have influenced Matt as an investor.
-----
EXCEPTIONAL RESOURCE: Find Out How to Build a Safer & Better Performing Portfolio using this FREE NEW Portfolio Builder Tool
-----
Follow Niels on Twitter, LinkedIn, YouTube or via the TTU website.
IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written here.
And you can get a free copy of my latest book “The Many Flavors of Trend Following” here.
Learn more about the Trend Barometer here.
Send your questions to info@toptradersunplugged.com
And please share this episode with a like-minded friend and leave an honest Rating & Review on iTunes or Spotify so more people can discover the podcast.
Follow Alan on Twitter.
Follow Matt on LinkedIn.
Episode TimeStamps:
02:54 - Introduction to Matt Smith
07:51 - The resilience of the economy
11:50 - Matt's portfolio construction process
16:23 - Skepticism about the goldilocks
21:57 - The outlook for inflation
30:56 - The risk and fear of structural inflation
40:27 - What we can learn from history
46:19 - The process of finding insights from history
51:09 - Matt's perspective on financial repression
54:57 - Advice for other investors
Copyright © 2023 – CMC AG – All Rights Reserved
----
PLUS: Whenever you're ready... here are 3 ways I can help you in your investment Journey:
1. eBooks that cover key topics that you need to know about
In my eBooks, I put together some key discoveries and things I have learnt during the more than 3 decades I have worked in the Trend Following industry, which I hope you will find useful. Click Here
2. Daily Trend Barometer and Market Score
One of the things I’m really proud of, is the fact that I have managed to published the Trend Barometer and Market Score each day for more than a decade...as these tools are really good at describing the environment for trend following managers as well as giving insights into the general positioning of a trend following strategy! Click Here
3. Other Resources that can help you
And if you are hungry for more useful resources from the trend following world...check out some precious resources that I have found over the years to be really valuable. Click Here
Privacy Policy
Disclaimer
Si297: Trend Following as a Return Enhancement Overlay ft. Alan Dunne
IL26: How New Technologies Will Shape the Economy ft. Koen De Leus & Philippe Gijsels
SI296: Is Trend Following Becoming Too Complicated? ft. Mark Rzepczynski
ALO24: Managing Money Through Structural Shifts ft. Richard Urwin
SI295: Trend Followers - The Unwanted Party Guests? ft. Nick Baltas
ALO23: Behind the Scenes of a High Net Worth Investor ft. Tad Fallows
SI294: Lowering the Cost of being Long Commodities ft. Hari Krishnan
GM60: Preparing Your Portfolio for the Second Half of 2024 ft. Christian Mueller-Glissmann
SI293: Market Outlook for the Rest of 2024 & EOY S&P500 level ft. Cem Karsan
GM59: The Geopolitical Tug-of-War: Russia, China & the West ft. Marko Papic
SI292: Is Cocoa becoming Too Hot for Trend Followers? ft. Rob Carver
IL25: Any Happy Returns... the Next Super Cycle? ft. Peter Oppenheimer
SI291: Trend Following...What should it mean to Investors? ft. Richard Brennan
TTU146: The value of Unpredictable Alpha ft. Anthony Todd
SI290: Honey, I Shrunk the Trend Following ft. Andrew Beer
ALO22: Finding an Absolute Return Solution for a C$11BN Pension Plan ft. Christophe L'Ahelec
SI289: Kahneman, Trend Following & Cocoa ft. Mark Rzepczynski
OI07: The Evolution of Short-Term Trading ft. Tony Kaiser
SI288: Why Investors are Under-Allocating to Trend Following? ft. Alan Dunne
OI6: A Fundamental Approach to Commodities ft. Ricardo Leiman & Pedro Marion
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
U.S Property Podcast
Aligned Money Show
Dubai Property Podcast
The Ramsey Show
The Clark Howard Podcast