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Bob Savage of Track Research talks about the global macro approach to trading and why Forex is the tail that wags the dog.
Bob Savage discusses global macro drivers, Brexit and the US-China Trade deal.
At TradersExpo New York, Bob Savage: I pick assets on the basis of yield, a long-only strategy. I'm picking highest yielding bonds, highest yielding stocks. and commodities on the basis of contango.
At TradersExpo New York, Bob Savage: risk parity is used to allocate your asset portfolio. Think of their risk and return. It takes the assets and allocates equal amounts of risk based on volatility.