Macro/EM Strategist/Economist/PM. Ex a lot of places but not Bridgewater 🇺🇸🇪🇸🇬🇧
London
Joined June 2018
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If western companies think selling out to the Chinese will save them, think again....
When Volvo was taken over by Chinese rival Geely, its new bosses vowed to make China the brand’s “second home market”. 16 years later, it has morphed into a nightmare
telegraph.co.uk/business/202…
The list goes on and on...
Chinese steel sector losses snowball as producers suffer demand-sapping economic stagnation coupled with rising costs, raising prospect that they will push more output abroad and inflame global trade tensions
asia.nikkei.com/business/mat… via @NikkeiAsia
Yet another industry China dominates despite lack of profitability
China’s biggest solar companies posted another round of heavy losses
Still, industry yet to reduce overcapacity. Polysilicon inventories reached record 600k tons in August
bloomberg.com/news/articles/…
China's quest to eliminate profits across all global industries continues...
China’s soaring chemical exports threaten new trade war.
Despite soaring exports, profits in China’s chemicals industry have declined with 31% of producers lossmaking
Unlike in China, unprofitable producers in other countries are closing. European chemicals capacity marked for closure has increased six-fold from 2.9mn tonnes in 2022 to 17.2mn tonnes in 2025
ft.com/content/2962ad57-cee1… via @ft
Surging exports, collapsing profits
China Auto Industry Profits Plunge 68%
Industry’s profit margin has has slid from 7.8% in 2017 to 4.1% in 2025, and just 1.4% in September
caixinglobal.com/2026-11-02/…
So much for Spain's Socialist PM Sanchez kissing up to China...
Real Madrid games unavailable on both television and digital streaming platforms in China after backlash against Mbappe's perceived insult to Mao Zedong
bloomberg.com/news/articles/…
Richard Casey retweeted
This angle of the Mark Bowman beast mode play last night is unreal.
18 year old true freshman. Brock Bowers 2.0
USC has a demon
Brazil will remain "the country of the future, and always will be" for at least another 4 years...
Where have all the Latin America stock pickers gone? A once-booming business has become a lonely job — and then Brazil's election accelerated the sell-off.
bloomberg.com/news/features/…
Not again 😞
BREAKING: At least 39 people have been killed after two high-speed trains collided in Spain.
Live updates: independent.co.uk/news/world…
Democracy Brazilian style. If you lose an election, you can either flee the country or be imprisoned
Allies of Flávio Bolsonaro are advised that he has left Brazil
Aliados de Flávio Bolsonaro são avisados de que ele saiu do Brasil
www1.folha.uol.com.br/coluna…
So says the self declared arbiter of Brazilian elections
brazil's election was messy.
there were real irregularities.
but that outcome was free and fair.
@gzeromedia
Chinese households once again piling into gold as equities collapse.
What happens to gold if Chinese actually want to start holding CNY assets again?
bloomberg.com/news/articles/…
Seriously? 40-50 diversified themes in your portfolio at any given time 🙄 All equally risk weighted. Somebody should tell Stan Druckenmiller that big bet he made on the first round Brazilian election violated Alf's rules of how to manange a hedge fund
Macro hedge fund founder Alfonso Pecatiello (@MacroAlf) on sizing Brazilian elections:
"You only know that you're going to be right, let's say, 50% of the times."
"Whether you are wrong on some big call on the US macro or on Japan or on Brazilian elections... it should somehow be a standardized amount of units of risk that you put at play there."
"If I'm wrong, this thing can go down 30 or 40%."
"So you standardize the sizing of the position based on the volatility of the asset class."
