Ep. 373: Jon Turek on the 'Owl' Fed, the US Treasury's Bond Buybacks, and AI Capex Durability

August 28
50 mins

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Episode Description

Jon Turek is the founder and CEO of JST Advisors, a hedge fund advisory service that publishes a weekly research note with global macro trade ideas. JST Advisors works closely with hedge funds on developing asymmetric macro trade ideas and market themes. Outside of JST Advisors, Jon worked as a portfolio manager at Brevan Howard and as an analyst at Moore Capital. In this podcast, we discuss:

  1. The Substack Divide of Equities vs. Macro
  2. The Buy-Side Paradox of PM Asymmetry and Pod Reality
  3. The "Owl" Fed and Political Optimisation over Conviction
  4. The Trillion-Dollar AI Fiscal Program
  5. The Death of the 2010s Savings Glut
  6. Treasury Buybacks and "Whack-A-Mole" Markets
  7. Europe's Impending China Tariff Shock
  8. The Simmering Geopolitical In-Between for Oil 
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