I think this speaks to the power of a true global macro mind.

And there are two things to consider.

When I say global macro, people generally think U.S. equities, U.S. rates, credits, maybe European equities, credits, and, you know, commodities effects, and that's it.

The reality is there is a lot more. Investors need to become more acquainted with looking at the world, and the world isn't the U.S. and Europe only. It's everything else.

Imagine spending an hour with the world's greatest traders. Imagine learning from their

experiences, their successes, and their failures. Imagine no more. Welcome to Top Traders Unplugged,

the place where you can learn from the best hedge fund managers

in the world so you can take your manager, due diligence, or investment career to the next level.

Before we begin today's conversation, remember to keep two things in mind.

All the discussion we'll have about investment performance is about the past,

and past performance does not guarantee or even infer anything

about future performance.

Also understand that there's a significant risk of financial loss with all investment strategies,

and you need to request and understand the specific risks from the investment manager

about their product before you make investment decisions.

Here's your host, veteran hedge fund manager, Niels Kostrup Larson.

Welcome and welcome back to another edition of our Global Macro series,

where today, as usual, I'm joined by my co-host, Jim Cassan,

as well as a returning guest to the show,

namely Alfonso Pekicello, whom we spoke to last about a year ago.

Welcome back, Alfonso, and thank you so much for joining Gem and I today for what promises

to be a lively and unpredictable conversation as part of our global macro series.

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