We live in interesting times. Ones that I believe more than ever REQUIRE a full understanding of the big picture macro environment and its vulnerabilities. The most massive fiscal and monetary stimulus since Hitler has been injected into Japan, a major economy with global implications. The most massive CONCERTED GLOBAL central bank stimulus program since WWII is winding down. In my opinion, there has never been a time in my life when understanding the macro situation has been more critical than in the period of the next few years ahead.
3/30/2006
Why it's important you see the big picture
I always keep an eye on the macro analyst. I seldom trade based solely on these kind of analysis, but it helps to keep the mental pantry well stocked. One of the analyst I track regularly is Mark Boucher. In my opinion his book- Hedge Fund Edge
is a must read for every trader.
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