Latest Articles read all

  1. Trade Update: Turning Short Industrials and Materials

    John Tierney

    We are unwinding long positions in industrials (XLI) and materials (XLB). Both have outperformed the S&P 500 since inception on April 2022.

  2. Crypto Index Tracker: Bitcoin on Track for Best January in a Decade

    Dalvir Mandara

    Crypto markets have started the year with a bang. Bitcoin is on track to register its best performance for January since 2013! It gained c.+55% in January 2013 and has generally had a bias for negative performance since then with the trend only changing as of late (January 2020: +30%; January 2021: +13%).

  3. Equity Rundown: Positioning for a Soft H1 2023

    John Tierney

    Our long/short ETF model portfolio is up a modest 2% since inception, and 11% excluding the difficult clean energy sector. Clean energy ETFs hold some Chinese companies, which could recover if the reopening takes hold.

Hive Videos more videos

The Real Reason Inflation Will Rebound

Macro Hive Week Ahead

How To Make Money From Following the Trend

Niels Kaastrup-Larsen and Alan Dunne on Macro Hive

How Have the Markets Kicked off 2023 Trading?

Bilal Hafeez on Bloomberg TV

Bilal's Weekly Insights read all

  1. Asset Allocation Update: Turning Overweight Commodities and Neutral Equities

    2023 has started with a positive tone. Most risk markets from equities to crypto are up, and we identify four driving themes:

  2. The Dollar Endgame Has Begun!

    The current dollar uptrend has lasted three years longer than the average (seven). Now, foreign investors are selling US equities while the market thinks the Fed is near the end of its hiking cycle.

  3. Private Equity Bubble to Burst

    Private equity companies are performing suspiciously well and appear overvalued. Now the Fed and other central banks have ramped up rates, the PE bubble is finally starting to burst.

Trending Articles read all

  1. Is the Fed Too Optimistic About Inflation?

    Sam van de Schootbrugge

    A new Federal Reserve Bank of Cleveland Working Paper examines the plausibility of the December 2022 SEP projections for medium-term US inflation.

  2. Markets to Watch This Week: Doves Could Dominate, BoC to Hike 25bp

    Bilal Hafeez, Ben Ford

    Over the past week, the Bank of Japan (BoJ) failed to widen the yield curve control (YCC), contrary to our expectations. Instead, they added a new operation to help support the existing band (+/- 50bps).

  3. Crypto Index Tracker: Crypto Markets Unfazed by Genesis Bankruptcy

    Dalvir Mandara

    Big news: Genesis Trading, one of the biggest cryptocurrency lenders, filed for Chapter 11 bankruptcy protection, making it the latest victim of the FTX fallout.

Hive Explainers more explainers

  1. Creative Destruction and the Theory of Economic Development

    Julius Probst, PhD

    Coined by Austrian economist Joseph Schumpeter, ‘creative destruction’ the process of industrial mutation that destroys old economic structures and replaces them with new ones.

  2. SNB Stock VS Switzerland Inflation Rate: What Can We Expect?

    Richard Jones

    Swiss National Bank (SNB) monetary policy is in play – understanding market pricing of SNB expectations is critical.

  3. Oil ETFs: What You Should Know Before You Invest

    John Tierney

    An oil ETF is an exchange-traded fund (ETF) that offers investors exposure to the oil industry or oil as a commodity.

Hive Podcast more podcasts

  1. Ep. 148: Phil Suttle on Fed Murdering Expansions and Bond Worries 

    Phil is the founder of Suttle Economics – a leading research consultancy. Before that, he held senior roles at Tudor, the Institute of International Finance (IIF), JP Morgan, Barclays, the New York Fed and World Bank.

  2. Ep. 147: Niels Kaastrup-Larsen and Alan Dunne on How To Make Money From Following the Trend

    Niels is the Managing Director of DUNN Capital (Europe) which has a track record going back over 45 years. Alan is the Founder and CEO of Archive Capital – a boutique alternative investment research firm.

  3. Ep. 146: Yesha Yadav on the Galactic Risks of the US Treasury Markets

    Yesha Yadav is Associate Dean and Professor of Law at Vanderbilt University Law School. She is one of the world’s leading experts on financial and securities regulation.

Hive Resources

Meet Macro Hive about Macro Hive

Bilal Hafeez
Bilal Hafeez

Bilal Hafeez: CEO & Head of Research

Before starting Macro Hive, Bilal was Global Head of International Fixed Income Strategy at Nomura, and Head of Multi-Asset Research and Advisor to the CEO at Deutsche Bank. Bilal started his twenty-year career at JP Morgan. Academically, Bilal was an Honorary Visiting Professor of Finance at Cass Business School and studied Economics at St Johns College, Cambridge.

More about Bilal…

Andrew Simon
Andrew Simon

Andrew Simon: Chief Operating Officer

Andrew spent over 25 years in finance on both the buy and sell side. He co-founded Eschaton Opportunities, a $100 million hedge fund focused on global thematic value investing. Earlier in his career, Andrew led JP Morgan's institutional sales business across foreign exchange and emerging markets in Europe, ran Lehman's global derivative sales business, and managed Deutsche Bank's European currency option trading and derivative research business.

More about Andrew…

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