We would not have expected America to continue to be world beating compared to other markets.

We were wrong on that.

America has had a marvellous quarter century this time round.

The last few months have become a bit more of a

puzzle. But the first 25 years of the new millennium have been very favorable for the United States.

And so one of the things which you might come back to later on is what we think will happen for the future.

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 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 conversation in our series of episodes that focuses

on markets and investing from a global macro perspective.

This is a series that I not only find incredibly interesting, as well as intellectually challenging, but also very important given where we are in the global economy and the geopolitical cycle.

We want to dig deep into the minds of some of the most prominent experts to help us better understand

...