Founders: Bridgewater's Biggest Picture 2024
Jan 25th, 2024
Housekeeping: Good Morning.
The secular investment landscape looks more like decades past than the last 20 years: the interest rate lever is back in play, inflation matters again, acute deleveraging is behind us, and the government is playing a more active economic role—all amid geopolitical tensions. At the same time, dynamics like AI and climate change are likely to shape the world in unprecedented way
— Bridgewater attached
In Feb 2022 GoldFix identified and called for a new model for macro analysis; one that re-included geopolitics and secular changes that were beginning to envelop and overwhelm status-quo policy decisions that governed our markets.
That post was entitled “Time for a New Model”. If the Bridgewater 2024 analysis interests you, that will interest you as well.1
Contents:
News Headlines
GSTrader1
GSTrader2
JPM- Morning Intel
Caught Our Eye- Aluminum Analysis, Bridgewater Report, GS on Apple and Tesla