Podcasts from Tricio Investment Advisors: Recent Episodes
Tricio Investment Advisors
Tricio's Chief Economist, John Calverley, speaks with Gerry Celaya, Tricio's Chief Strategist, about the upcoming Bank of Canada, ECB, Fed, BoJ, BoE and SNB meetings and the chances of anything happening!
Tricio's Chief Economist, John Calverley, speaks about his outlook for the UK economy and the implications for the Bank of England. Rate cut in the summer and more before the end of the year?
Tricio's Chief Economist, John Calverley, speaks with Gerry Celaya, Tricio's Chief Strategist, about the 'hot' CPI reading seen in the US this week and what this means for our Fed outlook.
This podcast is our 14 March 2024 webinar which we hope that many of you enjoyed. For those that couldn't make it, John Calverley, Tricio's Chief Economist, and Gerry Celaya, Tricio's Chief Strategist, discuss elections, rate moves and FX outlooks.
Tricio's Chief Economist, John Calverley, discusses with Gerry Celaya, Tricio's Chief Strategist, how the current bout of USD strength may not persist in 2024. We look at the EUR/USD. USD/JPY, GBP/USD, USD/CNY and even the TRY!
Tricio's Head of Investment Solutions, James Chu, has a fascinating chat with Steven Goldin, a founding partner of Parala Capital. They discuss the benefits and potential pitfalls of portfolio theory and asset allocation along with the difference between beta and alpha and some of the things to look out for in fund manager selection.
Tricio's Chief Economist, John Calverley, talks central banks, economic activity and inflation with Gerry Celaya, Tricio's Chief Strategist as we look forward to 2024! We also talk about previous 'Goldilocks' scenarios in US Fed history and wonder if 2024 will be a very volatile year for FX markets!
Tricio's Chief Economist, John Calverley, discusses the outlook for the US, Eurozone, UK, Japanese and Chinese economies. Rate differentials have been a driver for FX moves in 2023 and are likely to be key in 2024. Will our weaker USD outlook vs. the major FX rates work in 2024?
In this podcast John Calverley, Tricio's Chief Economist, speaks with Gerry Celaya, Tricio's Chief Strategist, about US bond yields. We discuss why they shot higher in late summer trading, and why we think bond yields may be near their peak for this cycle. 6% or 4% in the US 10-yr. note yield next quarter?
In this podcast John Calverley, Tricio's Chief Economist, discusses our Focus report that reviews key themes and our calls from 2020-2023. We did really well in some markets, ok in others, and could improve on a couple!
You can read our report at https://808b5dca-ad61-4b76-be81-433fb036dc35.usrfiles.com/ugd/825b1d_652ac225618941e884a5e477961c2540.pdf
Tricio's Chief Economist, John Calverley, discusses the Fed and currencies with Gerry Celaya, Tricio's Chief Strategist. A busy central bank calendar looms from mid-August to late September, what will this mean for the USD? China slowdown risk is a factor as well, and the Fed may need to account for the US economy showing strength and inflation remaining above their target rate.
The Fed paused, the ECB hiked, the BoE is up next. John Calverley, Tricio's Chief Economist, and Gerry Celaya, Chief Strategist, discuss rates and currency outlooks. We also discuss our pinpoint accurate forecast for the EUR/USD from June 2022!
Ahead of the slew of central bank meetings coming up James Chu, Tricio's Head of Investment Solutions, John Calverley, Tricio's Chief Economist, and Gerry Celaya, Tricio's Chief Strategist, discuss what to expect. We also discuss the direction of the USD this year, the role of the USD as a reserve currency and gold - love it, hate it, wear it?
James Chu, Head of Investment Solutions at Tricio, leads a discussion on ultralong bond duration and convexity. John Calverley, Tricio's Chief Economist, and Gerry Celaya, Tricio's Chief Strategist, look at the role that bonds play in a portfolio, the return of 60/40 and the potential for bond yields to fall over the coming decades.
James Chu, Head of Investment Solutions at Tricio, discusses commodity markets and different aspects of futures with Gerry Celaya, Tricio's Chief Strategist. We talk about gearing, contango and backwardation, and how commodities can be used as an asset class within a balanced portfolio.
James Chu, Tricio's Head of Investment Solutions, discusses the current turmoil in banks with Gerry Celaya, Tricio's Chief Strategist. Should investors put money into bank shares? This, and many more issues are covered in our chat!
John Calverley, Chief Economist at Tricio, discusses the current banking crisis in the US - and Europe - with Gerry Celaya, Tricio's Chief Strategist. We go over what this means for the broader markets, implications for central banks and other issues. John has been through every banking crisis since the early 1980's and offers his unique insight on recent, and unfolding, events.
James Chu, Head of Investment Solutions at Tricio, discusses commodity markets with Gerry Celaya, Tricio's Chief Strategist. We look at the role that commodity exposure can play in a portfolio and why you may want to discuss commodity market exposure with your wealth manager and advisor. Professional investors, particularly in the US, have a long history of being comfortable with the noncorrelated returns (to stock indices and bonds) that commodity trading advisors (CTA's) can offer.
James Chu, Head of Investment Solutions at Tricio, discusses the FTSE 100 with Gerry Celaya, Tricio's Chief Strategist. We talk about the push above 8,000 seen in mid-February 2023 and what may lie ahead. We also mull over why firms may prefer to list in the US rather than the UK, and whether the FTSE 100 is a good proxy for UK Plc.
James Chu, Head of Investment Solutions at Tricio, discusses the 2023 outlook for USD/JPY, USD/CNY and other rates with Gerry Celaya, Tricio's Chief Strategist. We also look at Bank of Japan policy, Fed risk, CNY basket ideas and balloon-like, float different ideas up for discussion...
James Chu, Head of Investment Solutions at Tricio, interviews Tricio's Chief Strategist, Gerry Celaya. We discuss our USD view for 2023, the recent Fed hike and employment report. We also discuss the pressures that the ECB will have to deal with this year and our EUR/USD view. The end of the Truss (short-lived) regime gave the GBP a respite and we talk about how we expect further GBP/USD strength. We also talk about currency hedged investments again, with the view that those asset holdings that benefited from a strong USD in 2022 may see the reverse in 2023.
James Chu, Head of Investment Solutions at Tricio Investment Advisors, interviews Tricio's John Calverley, Chief Economist, and Gerry Celaya, Chief Strategist and our special guest Alan Luk, CEO and CIO of Winner Zone Asset Management. We all used to work at American Express Bank and it was great to catch up with Alan to hear a local HK view on the potential rebound in sentiment for Chinese equities and the impact on asset allocation for local and international investors. We discuss the exit from the zero-Covid policy, the property and tech sectors, key indices and currency risks and outlooks (CNY and HKD). Politics and economics are very much intertwined in China and the discussion was a lot of fun and interesting!
Gerry Celaya, Chief Strategist, interviews John Calverley, Chief Economist, about inflation again. We catch up on the dip in US readings, while the UK continues to see inflation rising. We even talk about Eurozone inflation, Fed, BoE and ECB policy decisions and once again, what will quantitative tightening actually do.
James Chu, Head of Investment Solutions, interviews Gerry Celaya, Chief Strategist, on Japan's stock market, Bank of Japan policies and the Yen. Can the stock market hold up if the Yen actually starts to firm?
Gerry Celaya, Chief Strategist, interviews John Calverley, Chief Economist, on his inflation forecasts. John has been worried about rising inflation in the US and UK since late 2020 and gives insight into his thinking in this podcast.
James Chu, Head of Investment Solutions, interviews Gerry Celaya, Chief Strategist, about the weak GBP. What would be the signs of a medium to long term recovery in the GBP, why is the GBP so weak and the risks of this weakness extending. We also discuss what UK and non-UK investors should consider given the current level of the GBP, remember, 'Currency Matters'!
Tricio's Chief Economist, John Calverley, and James Chu, Head of Investment Solutions, are interviewed by Gerry Celaya, Chief Strategist, on the 60/40 portfolio and if it relevant in current market conditions.
James Chu, Tricio's Head of Investment Solutions, speaks with Gerry Celaya, Tricio's Chief Strategist, about structured products and barrier options.
Tricio's Chief Strategist, Gerry Celaya, is interviewed by James Chu, Head of Investment Solutions, on why the GBP has been so weak lately. We talk about currency forecasting and the need for client diversification of risks. Whether to embrace currency risk, or not, is also discussed.
Tricio's Chief Economist, John Calverley and James Chu, Head of Investment Solutions, are interviewed by Gerry Celaya, Chief Strategist, on the 60-40 portfolio and if it is relevant in current market conditions.
Gerry Celaya, Tricio's Chief Strategist, interviews John Calverley, Tricio's Chief Economist, on currency forecasts models and methods.
Tricio's Chief Economist, John Calverley, is interviewed by Gerry Celaya on the history of quantitative easing and the tapering process. We discuss the Bank of Japan, Federal Reserve, Bank of England, European Central Bank and Swiss National Bank.
Gerry Celaya, Tricio's Chief Strategist, interviews John Calverley, Tricio's Chief Economist, about the history of central bank policy goals for the last 50 years and how we got to our current situation.
James Chu speaks with Gerry Celaya about structured products. Some history, purpose and how investors can use them to control risk and express their views.
John Calverley, Tricio's Chief Economist, talks about 'Bubbles' and his list of how to spot them.