This week we had the pleasure of welcoming Bilal Hafeez, founder, CEO and Head of Research at Macro Hive, and the host of the Macro Hive Conversations podcast. We had a broad global macro conversation that included:

• Bilal’s journey in the finance industry through North America, Asia and back to Europe
• Retiring from corporate life and founding a ‘hive-mind’ research firm
• A top-down approach with an eye for structural trends and a cyclical view
• Interest rates as the main concern for both retail and institutional clients
• Central Banking dichotomy – austere in developing nations, creative across the G7
• The US Dollar as the ‘cleanest dirty shirt’
• Does the US dollar system still serve the best interest of the US?
• The gravity-defying paradox of equity markets (especially in recent weeks)
• The Ukrainian war and a global commodity shock
• The prospects of an energy crisis
• An upcoming US recession and the possibility of yet another policy blunder by the Fed
• Navigating the spike in uncertainty with a large cash position
• Digital assets – a multitude of use cases, evolving regulations, and long-term bullishness
• The podcast guests that have changed his views over time
• And much more

This is “ReSolve’s Riffs” – live on YouTube every Friday afternoon to debate the most relevant investment topics of the day, hosted by Adam Butler, Mike Philbrick and Rodrigo Gordillo of ReSolve Global* and Richard Laterman of ReSolve Asset Management.

*ReSolve Global refers to ReSolve Asset Management SEZC (Cayman) which is registered with the Commodity Futures Trading Commission as a commodity trading advisor and commodity pool operator. This registration is administered through the National Futures Association (“NFA”). Further, ReSolve Global is a registered person with the Cayman Islands Monetary Authority.