Darius Dale, founder & CEO of 42 Macro, an investment research firm that aims to disrupt the financial services industry by democratizing institutional-grade macro risk management frameworks and processes, returns to The Julia La Roche Show for episode 146. 

In this episode, Darius discusses the current market regime and the transition to a reflation regime. He explains the drivers of the reflation regime and the implications for portfolio construction. Dale also discusses the role of the Federal Reserve and interest rate policy in the current environment. He highlights the importance of liquidity and its impact on asset markets. Dale concludes by discussing the risks and benefits of the reflation regime and the potential for a market correction.

Prior to founding 42 Macro, Darius was a Managing Director and Partner at Hedgeye Risk Management, an independent investment research firm based in Stamford, CT. At Hedgeye, Darius was the Sector Head of the Macro team and was a core contributor to the firm’s economic outlook and associated investments. t strategy views. He joined the firm upon graduating from Yale.

Links: 

42 Macro https://42macro.com/

Darius on X/Twitter: https://twitter.com/dariusdale42

42 Macro on X/Twitter: https://twitter.com/42macro

42 Macro on YouTube: https://www.youtube.com/@42Macro

0:00 Introduction and macro view

1:20 Reflation regime and drivers

6:29 Understanding the Global Macro Risk Matrix

11:50 FOMC and interest rate policy

15:49 Liquidity cycle and implications

21:46 Benefits and drawbacks of the reflation regime

22:05 Risks and existing economic conditions

28:45 Risk of market correction

31:43 Parting thoughts, more on 42 Macro