Ep. 334: Mark Farrington on Dollar Dominance, China’s Gold Play and Crisis Catalysts

Mark Farrington is a Global Macro and Geopolitical Strategist and author of the ‘Watchtower Reports,’ which cover topics ranging from geopolitical risk to Bank of Japan monetary policy to US dollar dynamics. He previously served as Managing Director and Portfolio Manager of the Macro Currency Group at Principal Global Investors, where he worked for fifteen years. Before that, he spent 17 years in the Asia-Pacific region, primarily with Bankers Trust. In this podcast, we discuss: 

• US Embrace of Industrial Policy and Self-Sufficiency 

• China’s Supply Chain Strategy and Retaliation

• Barriers to RMB Internationalisation 

• China’s Strategic Interest in Gold 

• Enduring US Dollar Dominance 

• Geopolitical Alpha and Experiential Learning 

• Convergence of Allies on US Worldview 

• Fragility and Vulnerability of Europe

• Financial Crisis Catalysts: Inflation and Volatility

• The Threat of Systemic Volatility 

• Books mentioned: Theory of International Politics (Kenneth N. Waltz), The Black Swan (Nassim Nicholas Taleb), The Tipping Point (Malcolm Gladwell), Weaving the Net: Conditional Engagement with China (James Shinn), The Meiji Restoration (W.G. Beasley), The Anarchy: The Relentless Rise of the East India Company (William Dalrymple)

You can follow Mark’s work here.  

You can also watch the podcasts on YouTube: Mark Farrington on Dollar Dominance, China’s Gold Play and Crisis Catalysts

(This market commentary has been prepared by Macro Hive Limited (“Macro Hive”). This market commentary is made available to you for general information purposes only and does not constitute a recommendation of any investment product, to act, or not to act, in any way whatsoever and does not represent an offer or the solicitation of an offer to buy or sell any securities, financial products or related financial services or to adopt an investment strategy. The market commentary is provided on an ‘as is’ and ‘as available’ basis. To the fullest extent permitted by applicable law, Macro Hive excludes all representations or warranties of any kind, including any implied warranty of merchantability, satisfactory quality or fitness for a particular purpose. Macro Hive excludes all liability for any losses (whether direct or indirect) that may be suffered as a result of reliance on this market commentary. The contents of this publication are confidential. Macro Hive retains all ownership, title, rights and interest in the market commentary. You must not copy or redistribute any part of this market commentary (in whole or in part) to any other person without the express written authority of Macro Hive. Although information in this market commentary has been obtained from sources believed to be reliable, Macro Hive does not represent or warrant the suitability, accuracy or completeness of the material and such information may be incomplete and/or condensed. Any rights existing in such information shall remain the property of the source. Macro Hive has no obligation to update or correct any information. If markets or performance are discussed, past performance is not a reliable indicator of future results, and forward‑looking statements involve risks and uncertainties. In the event that you are a US person (as defined by the SEC or CFTC) this message is sent by Macro Hive Markets, a trading division of GFI Securities Limited and is also subject to the disclaimers available here: Sales – GFI Group.)