The common misconception is that diversifying means giving up return. This has been shouted for years at market participants. Well, today is the day that we make diversifying the cool thing to do. The SWP uses six asset classes and selectively allocates them based on the macro-economic environment.

We are currently going through an early-stage bear market cycle called “deleveraging”. To better explain what is happening right now, it is best to start by explaining the creation of money through debt. The modern way of creating money is through the debt system.

In 2021 nearly all investors, retail and institutional use ETFs for their exposure. What they are and how they have changed the way that the markets have behaved for decades, is what we are discussing today.

One of the factors in our macroeconomic models is GDP and how it is projected to change over the coming quarter. GDP stands for “gross domestic product”. So what is GDP?