The Atlanta Fed's macroblog provides commentary on economic topics including monetary policy, macroeconomic developments, financial issues and Southeast regional trends. Authors for macroblog are Dave Altig and other Atlanta Fed economists.
As an investor I would like to be value oriented, however I find it increasingly difficult to locate any value opportunities in the current environment. I have previously focused my efforts on investing in highly illiquid assets on steep discounts in the secondary market for alternative investments (with fantastic results). The AI secondary market has been floating over with buyers as of late, making the space unattractive. Finding attractive value opportunities in the public space is nearly impossible these days. During 2016 I have focused my efforts and capital on energy stocks, although I exited the space last month. I am currently invested in illiquid Private Equity and Infrastructure assets which I have held for several years in addition to recently acquired gold, managed futures, treasuries and equity short positions. I am confident that the markets currently are in a huge bloated bubble of everything.
More about me:
I have more than nine years of Corporate Finance and Alternative Investment experience, including seven years of Alternative Investment Secondary experience. I currently focus my efforts on the co-founded Alternative Investment advisory business Intrinsic AI alongside managing my own assets (50/50 Alternative Investment Secondaries and public market equities). As a deal maker within the Alternative Investment space I have facilitated numerous deals worth billions. I have previously lead the Institutional Secondary Advisory efforts at Castelar. I also encompass Corporate Finance experience from DnB Markets and Private Equity buyside experience from Argentum Private Equity. I hold a BA in Business and Administration from Flagler College (St. Augustine) and is a CFA® charterholder.
Gary retired in March 2012 after 38 years in Information Technology and Global Software sales. He has an MBA in Finance from Case Western Reserve University in Cleveland. Gary has self managed his investment portfolio since the early 80s with the goal of a mid 50s retirement. His primary objectives now are income stream and capital preservation. Gary hopes to stimulate discussion with his retired colleagues with an emphasis on Bonds.
Robert P. Balan has more than 4 decades of experience in the financial markets. Education in mining engineering, computer science, finance, and training in economics led to a commodity analysis career during the commodity boom of the early 1970s. Robert made a switch to global macro focus in the early 1980 when the commodity bull market waned, with specialization in foreign exchange. Robert wrote a very high profile daily FX analysis while Geneva-based in the mid-1980s (the first FX commentary with a real global readership, "most accessed" in the Reuters and Telerate networks from 1988 to 1994). He worked for Swiss Bank Corp and Union Bank of Switzerland (precursors of today’s new UBS) as head of technical research and as proprietary trader in various major finance centers (London, New York, and subsequently head of proprietary trading in Toronto, respectively) from late 1980s to mid-1990s. A stint at Bank of America as head of global technical research (in London and New York) followed in late 1990s to early 2000s. Robert did technical analysis for Saxo Bank (Denmark) in the mid-200s based in New York. He returned to Switzerland in 2004 as head of technical research and strategy, and FX and commodity market analyst for Swiss Life Asset Management in Zurich. He joined Diapason Commodities Management in 2008 as senior market strategist, and subsequently as Chief Market Strategist, utilizing fundamental macroeconomic drivers, and structural/technical data in modeling asset price and sector movements. Robert wrote a book on the Elliott Wave Principle in 1988, which was hailed by the London Society of Technical Analysts as “the best book ever written on the subject”. Robert is a member of the National Association for Business Economics (NABE), USA.