How to think like an economist - and when not to - in order to become a better investor.
A framework for understanding all things macro.
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Oxford PhD | Co-founder & CEO of Oraclum | 5-year teaching experience
What happens when the Fed raises rates or when the yield curve inverts? Can we print our way to prosperity? What triggers a recession?
Want to be able to comfortably answer all these questions? And use them to adapt your investment strategy?
Then this is the course for you.
• Oxford PhD, LSE Masters, Harvard, Berkeley
• 5-year university teaching experience
• Published in top journals, book coming out
• Expert member of parliament committee
• Founded and running two companies: market research consultancy & boutique rating agency
• Macro-based investor (lots of mistakes, lots of lessons)
Beginner or intermediate investor with basic or little prior knowledge in macro who just wants to close a few gaps
You earned some money but you're worried about inflation/recession and looking how to position
Industry professional trying to understand macro impact on portfolio performance
What happens when the Fed raises rates or when the yield curve inverts? Why does it even matter?
Macro is mostly about correlations, not causality. You'll learn when to trust it and when it's better to avoid its pitfalls.
Knowing where to look in order to anticipate changing economic conditions, and how to position yourself for it.
This will teach you how to think like an economist, and how to know when to trust macro and when not to.
Introducing the basic macro framework for understanding relationships between key variables; explaining the boom-bust cycle and outcomes of fiscal and monetary policy.
You will walk out with a plug-n-play framework for understanding what happens when the Fed raises rates, or when governments increase spending.
CA deficits and CP surpluses, savings and investments, Mundell-Fleming, fixed vs flexible exchange rate regimes, etc. Bringing it all together.
You will walk out with a plug-n-play framework for understanding exchange rate impacts, imports and exports, and international finance.
Enter politics and the real world. Financial crisis 07-09. Euro sovereign debt crisis. Macro gone wrong: debts and deficits, austerity, systemic instabilities.
PLUS: a primer in causal inference.
You’ll get a good idea of when to trust macro and when not to trust it.
Inflation and hyperinflation explained. Monetary policy since 2008. QE and MMT (quantity theory of money, Fed balance sheets). Revisiting the boom-and-bust cycle.
You will walk out with an understanding of why macro models fail, what drives inflation, and the boom-and-bust cycle.
Recognizing bubbles. Applying the knowledge to financial markets. Understanding the dangers for your portfolio. Bond markets and the yield curve. Which indicators should I keep track of? Oraclum’s predictions.
You’ll walk out with a functioning knowledge of how macro impacts your portfolio and how to protect yourself from macro fluctuations.
You will present your overview on the economy (of your choice) over the next 6 to 12 months.
1:30h for content delivery & assignments.
20-30mins for Q&A.
July 1st - module 1
July 4th - module 2
July 6th - module 3
July 8th - module 4
July 11th - module 5
July 13th - graduation day and final presentations
Every date the course starts at 7pm CET (1pm EST) and ends at 9pm CET (3pm EST)
This course focuses on live workshops and hands-on projects
You’ll be learning in public through breakout rooms and an engaged community
Surround yourself with like-minded people who want to grow alongside you
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