Brings global macro trading down to earth for individual and professional traders, investors and asset managers, as well being a useful reference handbook Global Macro Trading is an indispensable guide for traders and investors who want to trade Global Macro – it provides Trading Strategies and overviews of the four asset classes in Global Macro which include equities, currencies, fixed income and commodities. Greg Gliner, who has worked for some of the largest global macro hedge funds, shares ways in which an array of global macro participants seek to capitalize on this strategy, while also serving as a useful reference tool. Whether you are a retail investor, manage your own portfolio, or a finance professional, this book equips you with the knowledge and skills you need to capitalize in global macro.
- Provides a comprehensive overview of global macro trading, which consists of portfolio construction, risk management, biases and essentials to query building
- Equips the reader with introductions and tools for each of the four asset classes; equities, currencies, fixed income and commodities
- Arms you with a range of powerful global-macro trading and investing strategies, that include introductions to discretionary and systematic macro
- Introduces the role of central banking, importance of global macroeconomic data releases and demographics, as they relate to global macro trading
Praise for GLOBAL MACRO TRADING
"Global Macro Trading is a precious addition to the analysis of macroeconomics. It also explains in clear and well-written chapters how to profit from continuously changing trends through the understanding of the relationships between equities, fixed income securities, foreign exchange, and commodity price movements. I highly recommend this very thorough and well-researched work to any investor."
―Marc Faber, Editor, The Gloom, Boom & Doom Report
"This is one of those books you want to have on your desk nearby and reference when you see something that you know is macro and want to get up to speed fast. Greg Gliner managed to get across a lot of important points and material in a clean and organized way, something that I wish I had 25 years ago when I was starting to trade global macro myself."
―Robert Savage, CEO of CCTrack Solutions, a new quantitative macro hedge fund
"Global Macro Trading is a perfect primer for those seeking to understand global macro. Gliner provides an easy to digest breakdown of the most critical topics related to trading global macro, including discretionary versus systematic approaches, technical analysis, the role of risk management in macro, economic data, and understanding different product groups. This book is a must-read for any money manager or trader seeking to understand the asset class."
―Anthony Scaramucci, Founder and Co-Managing Partner, SkyBridge Capital
"It is quite possible for a 'bottoms up' investor to go through life without any understanding of global macroeconomics. Most think it can only be done by Ph.D.'s with access to enormous computing capacity and are intimidated. Greg Gliner unravels some of the mysteries of the strategy and provides a helpful guide to harnessing its power in a disciplined way. Every investor can benefit from knowing more about the science and art of this craft."
―Byron R. Wien, Vice Chairman, Blackstone Advisory Partners LP
