Three Trades for a World of Loosening Monetary Policy

Markets live in the future. Right now, that future looks less like “higher for longer” and more like a dovish pivot that no one wants to price until they have to. Inflation is cooling, labor markets are softening, and the cracks from a relentless hiking cycle are starting to show.

If central banks are forced to shift sooner than consensus expects, how do you position?

In this piece, I lay out the macro case for why we’re closer to an easing cycle than many think, and outline three concrete trades designed to capture that shift across U.S. rates, equities, and Australia.

The common thread: liquidity is coming back, and the best opportunities lie in front of the crowd, not with it.

Read on for the full framework, the trades, and the risks.