Global Macroeconomics
a.k.a. Global macro
The study of the big-picture economy across countries, and a trading style that bets on those large trends.
In plain English
The study of the big-picture economy across countries, and a trading style that bets on those large trends.
Global macroeconomics looks at growth, inflation, interest rates, trade and politics across the world, and how they affect each other.
'Global macro' funds trade on these big themes in currencies, bonds, stocks and commodities. George Soros's 1992 bet against the British pound is the textbook example.
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