Bob Elliott
@BobEUnlimited
CIO at @UnlimitedFnds | PM of $HFGM, $HFEQ, $HFMF, $HFND | Fmr @Bridgewater IC | One of the few "sane" voices on #fintwit# | Comments not investment advice
795 Following 304.6K Followers
The BoJ and BoE moves this week continued the trend of developed world central banks remaining cautious despite the ongoing global inflation shock. Free on the blog app this week:
Show more
My thoughts on the risks to equities right now:
Jet fuel prices back to Iran War highs.
Another lively MacroTalk discussion this week with @AahanPrometheus covering:
- Whether equities are a good buy in rising growth & inflation periods.
- Central bank future inflation optimism given policy efforts.
- My $10 elixir for a youthful appearance.
Show more
Dated Brent wraps up the week around 130 / bbl.
Excited to announce the prospectus filing for the Unlimited Unicorn Opportunities Fund I, a listed closed end fund holding equity exposure in ~150 venture backed companies with a 0% management fee & no performance fees.
Show more
Well that wraps up another amazing @FutureProof_HQ Festival. Plenty of sun, great meetings, and a little fun on the beach. See ya again next year!
Sun setting on another lively day at @FutureProof_HQ Festival. Tough to beat that view.
All those $SPY marketing fees folks are paying ain't gonna spend themselves at @FutureProof_HQ Festival.
Rates remain far too low given current conditions.
Those bickering over whether it’ll take one vs. two more hikes for the Fed to meet its mandate are missing the forest for the trees.
Show more
Nothing beats talking shop with your toes in the sand @FutureProof_HQ Festival!
Fun to catch up with some competitive friends like @timelessfinance at @FutureProof_HQ Festival!
Another extraordinarily strong official data print, well above expectations and similar private sector data (consensus was 0.4%).
An interesting note from @samjsutton's Morning Money today that just happened to align with a curiously strong employment report that contrasted with much weaker data from ADP & Paychex.
Show more
A perfect day to visit the beach at @FutureProof_HQ Festival!
Most indications suggest hedge funds have been net short bonds for most of the year as yields have risen. Its been a good trade.
Articles like this keep confusing inferred cash positions (used for basis trades, collateral, etc.) for long economic exposure.
Show more
Many product prices now well above all time highs.
An interesting note from @samjsutton's Morning Money today that just happened to align with a curiously strong employment report that contrasted with much weaker data from ADP & Paychex.
Show more
Bitcoin reinforcing in recent days that it is not driven by rising geopolitical conflict, macro dynamics, or rising banking stresses. Huge discrete moves on idiosyncratic news.
Lack of clear fundamental economic return properties undermines its inclusion as a portfolio asset.
Show more
