1. Search Results

  2. The First Annual WSO Fantasy Macro League 2014

    OK fellas i have seen a lot of half-ass macro theory on this board over the years and now I think its time to figure out who has the chops and who is the true macro master of WSO. The Rules are simple. 10 players. each player must submit 2 trades each wee ...

    266 comments - 4 silver bananas - Jan 9 2014 - 11:28pm -

  3. Top BB FX/Rates Sales > > Macro fund... Possible??

    Is it possible to go to a macro fund (or any hedge fund for that matter) from a sales role? Will certainly be difficult I understand, but not even from macro sales? From my understanding that's the most market-related sales role...? What's an ea ...

    72 comments - 0 silver bananas - Jan 22 2018 - 6:59pm -

  4. How to Get Into Global Macro Hedge Fund

    1) What is the path to getting into a global macro fund?- What BB S&T desks would be the best starting points?- Or would banking-> PE-> global macro be feasible at all? 2) Besides Moore Cap / Paulson & Co, what is a list of the best ones? 3) ...

    107 comments - 0 silver bananas - Oct 10 2016 - 4:42pm -

  5. How Do You Develop Your Macro View

    Just as the title says...would very much like to do a better job of this and would love to hear from those of you that have to do this for your work every day. What books do you recommend reading, and what news do you specifically try to seek out? In addi ...

    52 comments - 1 silver bananas - Jun 19 2014 - 9:40pm -

  6. Macro interview questions

    I have a global macro fund interview coming up in a few weeks. Any common to specific questions to share? Macro ...

    35 comments - 0 silver bananas - Feb 23 2018 - 1:25pm -

  7. Execution Trader at Discretionary Macro Fund, Career killer or valid path to PM?

    Title pretty much says it all. I'm already running my own sell-side books/risk and have some PnL history, trying to move to buyside. I'm still a little hesitant to jump into a buy-side sink or swim PM role at this point, but have some opportunit ...

    24 comments - 0 silver bananas - Mar 23 2014 - 1:00am -

  8. Macro Research????

    Hi everyone, I have an offer for the summer from a top BB to do macro research with the bank's chief economist. Apart from graduate school, what sorts of exit opportunities will I have if I take the job? I was told that moving into rates strategy or ...

    16 comments - 0 silver bananas - Apr 12 2019 - 2:55pm -

  9. Anyone know a macro firm looking for a summer intern?

    Howdy all, Title says everything. Macro is what gets my juices flowing, and I've been hunting high and low for an internship at a macro fund. I have had some promising leads but it appears most are becoming dead ends. Anyone know of any firms to cold ...

    23 comments - 0 silver bananas - Apr 14 2014 - 9:24pm -

  10. Dealmaven FastTrack Macros

    I don't know if these are widely used, but when I was in banking I loved them. They allowed you to track all cell precedents and dependants, format, etc and I loved them. Upon my move to Private equity a few years back I was able to obtain a version ...

    19 comments - 0 silver bananas - Mar 21 2017 - 8:35pm -

  11. Macro trading desks at BB's

    From my understanding, bulge bracket banks have macro desks, where traders trade a wide variety of asset classes such as commodities, currencies, rates, etc. Examples of this include Credit Suisse ' s global arbitrage group. Do these groups recruit m ...

    14 comments - 0 silver bananas - Oct 25 2017 - 2:46pm -

  12. Macro vs. Value Investing

    Want to hear your opinions on macro investing versus value investing, the two completely different strategies. Any insight on the industry trend? Macro value ...

    16 comments - 0 silver bananas - Nov 8 2013 - 3:45am -

  13. 2011 Macro Startegy

    Although solid jobs numbers have been coming out, the government is literally printing money! Fed policy will be discussed on March 15, and it is inevitable the republican majority will be pushing hard to stop further government QE spending, and stimulus ...

    19 comments - 0 silver bananas - Mar 7 2011 - 10:35pm -

  14. Are macro hedge funds inherently untenable?

    I'm very interested to get people's thoughts on this, especailly posters such as Bondarb. There is a view among many renowned investors such as Klarman and Howard Marks that macro investing is futile because no one can accurately predict interes ...

    16 comments - 0 silver bananas - Aug 3 2013 - 7:21pm -

  15. Best path for investment research at bulge bracket banks?

    I'm especially interested in global macro research teams at these banks that focus on currencies, rates, emerging markets. Is an econ masters or Phd required for these roles, or can one get in with an MBA from a strong finance program? research Banks ...

    14 comments - 0 silver bananas - Jun 13 2012 - 6:31pm -

  16. why so little macro on the due diligence for equity research?

    the title is pretty straightforward. I am wondering why such little attention is devoted to the classic "bigger picture", aka macroeconomics on a regional / zone / global scale as opposed to the in depth diligence on all the things relating to t ...

    10 comments - 0 silver bananas - Feb 8 2016 - 11:40am -

  17. Collection of Bridgewater Associates' Writings

    Came across this link through a newsletter- it provides links to Bridgewater Associates ' writings from 1999 to 2012, mostly on macro themes. I myself am not hugely into macro, but reckoned some on WSO might find it interesting so sharing it here. Li ...

    10 comments - 11 silver bananas - Jul 19 2014 - 11:05pm -

  18. No this is not a prestige question

    I'm currently interning at BB with prospect of FT offer (I find out in 3 weeks). However I'm from the UK, grad recruitment has started and I'm starting to apply to other firms in case I don't get an offer from the current firm I'm ...

    12 comments - 0 silver bananas - Aug 27 2012 - 12:15pm -

  19. Global Macro Fund Recruiters?

    Who are the best recruiters for global macro funds? (Knowing that some of the biggest ones you probably need to know a guy) Thanks! Recruiters hedge fund headhunters Macro ...

    9 comments - 0 silver bananas - Oct 3 2017 - 12:28pm -

  20. Getting up to speed on econometrics for macro analysis

    What advice would you give to a junior with a weak math background that needs to get up to speed on econometrics for macro analysis? What steps would you suggest? How long could it take to be semi useful? Thanks econometrics Macro ...

    6 comments - 3 silver bananas - Aug 2 2018 - 1:31pm -

  21. Excel Macro/Shortcuts for a Mac computer

    So before I get absolutely lit up for asking this- I need to preface that this is my personal computer and not to be used for any serious work!! That said, I have a new Mac and would like to be able to at least create some quick models for personal invest ...

    11 comments - 1 silver bananas - Aug 3 2010 - 5:11pm -

  22. The Truth About Trade

    I'm going to start this discussion with a simple request: Please focus on the topic at hand. The world seems to have turned into a giant group of prairie dogs with no collective attention span, so I humbly request that instead of derailing the conver ...

    6 comments - 7 silver bananas - Jun 11 2018 - 2:33am -

  23. Actually following stocks to prepare for ST interviews

    To prep for ST SA interviews: I read the WSJ, Seeking Alpha, FT, Bloomberg very extensively on top of watching Bloomberg and CNBC. I know all the general macro trends: unemployment, QE2, euro zone crisis, housing indexes, manufacturing indexes, Chinese ti ...

    9 comments - 0 silver bananas - Dec 30 2010 - 10:19pm -

  24. Critique My Trade

    Guys, I have been working on this trade. Obviously I would have to look at pricing on the puts. But what do you guys think of the logic for a macro strategy? Trade: Short AUD/USD, Long AUD 10y IR Puts ...

    8 comments - 0 silver bananas - Jul 9 2012 - 8:08am -

  25. If you could code...

    For the traders out there, if you could/do code, what sorts of programs would you write? Would they be more to optimise non- trading aspects of the job (filling out risk/PNL reports etc.) or would it be to improve your PNL (e.g. scraping online news feeds ...

    6 comments - 0 silver bananas - Apr 1 2016 - 8:31pm -

  26. Macro to Micro ER

    I was wondering if anyone could explain how ER analyst approach writing reports that include looking at the economy of countries THAN going down to a sector and THAN companies. I am interested in improving my Macro to Micro knowledge and I would like to g ...

    7 comments - 0 silver bananas - Aug 21 2011 - 1:44am -

  27. the career tradeoff for a PM- commodity merchant vs hedge fund- depth vs bredth.

    Hi, This is a little specific, so sorry in advance. But it probably can be applied generically to a lot of us. I am a reasonably talented and mid-level/rising (~5yrs of successful experience at good places) trader/investor that focuses on the commodities ...

    6 comments - 0 silver bananas - Aug 13 2014 - 8:37pm -

  28. Chinese Reserves Can't Protect China

    I recently sat in during a presentation of a head economist of a BB and he was confident that China will be, in the next 5 or so years, the next dominant economic superpower. When questioned on that view he made light of the fact that China can basically ...

    6 comments - 0 silver bananas - Jul 14 2011 - 3:21am -

  29. Greetings from Toronto

    I'm a 22 year old whose just discovered the world of trading in 2014-2015. I am not in school because I dropped out due to discovering the world of business and that journey unleash the ambition inside of me. (I am a Leo after all) Anyway, too bad I ...

    5 comments - 0 silver bananas - Jan 7 2016 - 8:39pm -

  30. These numbers don't make sense!

    From various sources, approximate: Size of the entire world economy = $80tn Global equity market size = $37tn Global bond market size = $83tn Global derivative market size = $800tn (10x size of the entire world economy) How can this be? If the entire worl ...

    6 comments - 0 silver bananas - May 16 2010 - 8:10am -

  31. Superb Article on the Big Picture

    Stop Blaming Wall Street A couple things I took away: Judis doesn't really point out any culprits for where our country is at. That in a way, is the whole point of the article and the best we can do is to soberly accept where the U.S. is at and move ...

    5 comments - 1 silver bananas - Jul 21 2011 - 10:34pm -

  32. About time- EURCHF almost-40%, then retraces

    http://www.bloomberg.com/news/2015-01-15/snb-unexp... When I created my username, it was getting close enough. It was the most fun day of my relatively short FX career, watching EURCHF move all the way up after getting oh so close to parity. In cold Genf ...

    5 comments - 0 silver bananas - Jan 15 2015 - 6:33am -

  33. Sharing a VBA Autofill Macro I Made

    So I've been working on my VBA skills and wrote a macro for autofilling (clicking the black box on the bottom right of a selected cell), because it always annoyed me that I could never find a way to efficiently do this without using the mouse. In the ...

    5 comments - 1 silver bananas - May 16 2012 - 1:18pm -

  34. how to do this in VBA??? plz help

    So here is the set up of my worksheet Name of Stock Long Inventory Short Inventory Apple 0 50 Apple 30 0 Google 10 0 Google 40 0 Google 20 0.. ...

    5 comments - 0 silver bananas - Jul 28 2010 - 11:39pm -

  35. Differences between FX and Rates

    What are generally some of the differences in trading across the product spectrum of FX and Rates? How do the two cash markets (spot and bills[?]) compare in terms of electronification? What tends to be more complex, short end rates or STIR (FX forwards)? ...

    4 comments - 0 silver bananas - Oct 31 2016 - 5:34am -

  36. Running a book...?

    Hey, This is meant for the macro guys, but if anyone else knows feel free to share. What is the basic "outline" for running a book? As in, what does the spreadsheet actually look like? In fact, I would guess most of you use a program that automa ...

    4 comments - 0 silver bananas - Nov 7 2014 - 5:06pm -

  37. Oil 2.0: The Rise of India's Middle Class

    Currently reading "The $10 Trillion Prize: Captivating the Newly Affluent in China and India" by partners at BCG. Reminded me about an investment proposal I wrote (along with 2 others) last year. The portfolio described in the proposal has retur ...

    4 comments - 0 silver bananas - Sep 11 2014 - 1:02am -

  38. Why was Alan Greenspan a shitty fed chairman?

    People talk about him in this light and I was curious to know why. I just started reading Inside the House of Money and he made some "controversial" decisions here and there but I was trying to understand exactly what he did and his logic behind ...

    4 comments - 0 silver bananas - Jan 4 2014 - 1:37am -

  39. Plans B through Z

    Some of you may have noticed that the rate at which I post and quality of said posts has declined significantly over the past few months. Grad school has been a beast and recruiting for SA positions absolutely brutal. I have some buddies who've gotte ...

    4 comments - 0 silver bananas - Dec 19 2011 - 9:23am -

  40. Does this kind of position exist?

    Hi I've been an excel/powerpoint monkey (in an emerging market) for a couple of years (and internships) but I feel dumb and bored. I want to move to a more quantitative position in the buyside. I come from an engineering background and I have good kn ...

    4 comments - 0 silver bananas - Oct 10 2011 - 1:02pm -

  41. ETFs and macro factors- the death of stock picking?

    So I've been reading a couple of articles which basically say that equity markets are so driven nowadays by macro factors such as Fed decisions, this has lead to much higher equity correlations and as a result stock picking- especially shorting- is n ...

    4 comments - 0 silver bananas - May 1 2011 - 3:20pm -

  42. Is This Obama's Last Chance?

    First and foremost, I want to wish WSO a happy New Year and an ever more prosperous 2011. This is my first official blog entry and I couldnt help but do it on New Years. Every New Year I have a much anticipated father-son talk in the morning with my fathe ...

    3 comments - 1 silver bananas - Jan 2 2011 - 2:34am -

  43. Excel Macro files

    Can we have the ability to attach an Excel Macro (.xlsm) file to messages and posts? Thanks. ...

    3 comments - 1 silver bananas - Jan 2 2013 - 12:06pm -

  44. Alexander from Liar's Poker

    I finally read Liar's Poker and it was every bit as good as people say it is. One thing I was wondering is whether anybody here knows who the bond salesmen in NY, Alexander, is. The guy seems like one of the sharpest guys at Salomon and I was wonderi ...

    3 comments - 0 silver bananas - Apr 19 2011 - 1:22pm -

  45. Macro prop desks at GS

    Is anyone familiar with the prop desks within FICC at GS? I know there is the global macro prop desk (i.e the desk formerly run by Christian Siva-Jothy), but are there others that focus on prop (not counting SSG or GSPS)? Would the other "prop" ...

    3 comments - 0 silver bananas - Jan 1 2011 - 2:19pm -

  46. Best place to start?

    Gents, Out of undergraduate, is it better to start your career as an investment analyst at a macro fund like Bridgewater or to work somewhere more quant focused like DE Shaw? I am looking at this from a development perspective--I am not sure what I would ...

    3 comments - 0 silver bananas - Aug 6 2010 - 11:03am -

  47. Nontarget... I got dreams tho. Portfolio Manager

    Hey monkeys, so my dream is typical- I want to be a global macro growth portfolio manager. I NEED SOME INSIGHT IN HOW I CAN BREAK INTO ASSET MANAGEMENT/EQUITY RESEARCH FROM A NONTARGET. so I used to go to a semi target BYU. I got good grades there, but no ...

    2 comments - 1 silver bananas - Mar 7 2019 - 3:37pm -

  48. How can I go from nontarget school to portfolio manager?

    Hey monkeys, so my dream is typical- I want to be a global macro growth portfolio manager. I NEED SOME INSIGHT IN HOW I CAN BREAK INTO ASSET MANAGEMENT/EQUITY RESEARCH FROM A NONTARGET. so I used to go to a semi target BYU. I got good grades there, but no ...

    1 comment - 1 silver bananas - Mar 7 2019 - 3:41pm -

  49. Switching Industries on the buy-side

    Hey guys, Love some opinion on this. I am mid-level (5-year into career) after 3-years of sell-side research on #1 II ranked team am now over on the buyside at a very top multi-strat relative value firm. Small team, huge risk limits, great returns and I c ...

    1 comment - 1 silver bananas - Jul 19 2018 - 11:49am -

  50. Any suggestions on books on bonds and macroecon

    Hi, can anyone recommend me a book on macroecon with a heavy focus on bonds?? Thanks in advance!!! bonds Macro ...

    1 comment - 1 silver bananas - Jul 16 2018 - 8:59pm -

  51. What Is Macro?

    A macro environment is the global or national economy as a whole, rather than industry specific. This focuses on global financial, political and other assorted events. Many hedge funds, traders or asset managers operate on a 'Global Macro' basis ...

    - silver bananas - Apr 23 2012 - 9:16am -

  52. KKR Macro & Asset Allocation Interview

    Hi all, I'm new to WSO and wasn't sure where to post this. I was recently invited to first round interviews (phone screen) with KKR 's macro group. I couldn't find much info on them online. Does anyone know anything about this group an ...

    1 comment - 1 silver bananas - Jan 15 2017 - 3:32pm -

  53. CIO/PM Partner Search for Hedge Fund

    Partnership Description The Opportunity: Partners A and B currently work together at a major quantitative, asset manager. In 2017 the Partners, based in Miami, will leave to form a systematic, trend-following hedge fund focused on an underserved, but well ...

    - 0 silver bananas - Jun 11 2016 - 5:10pm -

  54. Macro research Emerging markets

    Anyone has access or knows where One Can gain access to macroeconomic research of some significance and depth of some of the Emerging markets (ex china, think oriental Europe and latam)? Something like the stuff done here: (https://www.google.it/url?sa=t& ...

    - 0 silver bananas - May 28 2016 - 8:30am -

  55. Country Economic Primers

    Are there any good sources on country wide primers? I am analyzing Indonesia and need a good start on its economy/risks/politics before I can even think of investing. research Macro investing ...

    1 comment - 0 silver bananas - Nov 8 2015 - 10:57pm -

  56. Anyone know a similar, but better book than this???

    I'm looking for a book that describes the prominent products available in the financial markets, similar to Fabozzi Global Money Markets. Here is the TOC CHAPTER 1 Introduction 1 CHAPTER 2 Money Market Calculations 7 CHAPTER 3 U.S. Treasury Bills 23 ...

    - 0 silver bananas - Oct 24 2014 - 1:19pm -

  57. Commodities: Producers, Exporters, Importers

    Where can I find accurate information on the top producers, exporters and importers of every top commodity? I need accurate data so wikipedia won't help. Thanks a lot. Macro ...

    1 comment - 0 silver bananas - Dec 25 2013 - 1:04am -

  58. Head Hunters Specializing in Macro Fund

    Does anybody have a recommendation for a good (i.e. pro-active, and actually attentive & helpful) headhunters that specialize in macro hedge funds in the NYC /CT area? I am coming from a portfolio strategy / multi- asset allocation background which do ...

    1 comment - 0 silver bananas - May 1 2011 - 3:09pm -

  59. What are largest macro funds?

    I know what the top 3-5 macro funds are but can someone provide a fuller- top 20 or so list of macro funds (understanding a lot of them will invest in other stuff)? Thanks! Macro ...

    1 comment - 0 silver bananas - May 23 2010 - 8:31pm -

  60. Graham Capital

    Does anyone have a view on Graham Capital? Are they purely systematic traders, or do they employ discretionary prop guys as well? What's the office culture like? Any responses are appreciated. Macro ...

    1 comment - 0 silver bananas - Oct 26 2009 - 11:13pm -