Longer, Long Term – March/April 2023

Under the category of trying to get the big calls over the ‘longer, long term’ right,

I currently see the following macro ideas as actionable.

The prices & timing are nuanced for each of them.

Sell:

Cattle

Orange Juice

Sugar

Gold in AUD

Buy:

KBW Bank Index

U.S. 2 year and 5 year bonds

German 5 year bonds

Possibly Soon:

Buy:

Palladium

Sell:

FTSE 100

CAC 40

Gold in USD

EUR / buy AUD

EUR / buy GBP

SGD / buy AUD

March 30, 2023

by Rob Zdravevski

Karri Asset Advisors

rob@karriasset.com.au