This time I don't buy your argument: according to last week FT, "Apple is a Chinese company". And it happens that it is the largest company in S&P 500: how can you say that deglobalization would benefit Apple? Mean reversion still rules!
great thought provoking ideas as always Russell - now you're back with full access to your systems etc. , would love to hear how you actually go about practically implementing long GLD short TLT - do you trade dollar/risk neutral, when to rebalance the legs etc.
This time I don't buy your argument: according to last week FT, "Apple is a Chinese company". And it happens that it is the largest company in S&P 500: how can you say that deglobalization would benefit Apple? Mean reversion still rules!
Thanks Russell. Welcome back from your travels. I used to have a lot of fun with the Apple corporate finance and valuation questions. Scribbled about it the other day here https://twitter.com/SquirrelMacro/status/1655412715299684352?s=20 and here https://www.blindsquirrelmacro.com/p/crisis-what-crisis
Would be interested to get your take on Czechia and whether you noticed food prices being comparable to food prices at home?
great thought provoking ideas as always Russell - now you're back with full access to your systems etc. , would love to hear how you actually go about practically implementing long GLD short TLT - do you trade dollar/risk neutral, when to rebalance the legs etc.