Walk in the Pines #25

This Week's Best

Best viewed in your browser.

Chart of the Week

Tweet of the Week

Reads of the Week:

• Good WSJ piece about China now trying to tame “Wolf Warrior” diplomats. Weird that this took this long as they were clearly doing more harm than good.

• FT piece about the shale patch resisting a big jump in production so far. Good overview of current capital discipline and what is driving it.

Listens of the Week:

• My man Sri had on Naufal Sanaullah for a good chat. Nauf is one of my favorite macro thinkers out there right now. There is a crop of young folks doing great work in finance and he is certainly in that group.

• Jesse Felder had on Michael Oliver of MSA. I met both Jesse and Michael in Bend Oregon a few years ago and like Jesse, I really appreciate Michael’s unique approach to analyzing momentum.

Watch of the Week:

• Jared Dillian and Samuel Birk with Jack Farley talking value/oil/inflation.

Disclosure: Pinecone Macro Research, LLC is an independent research firm. Pinecone Macro’s letters are based upon information gathered from various sources believed to be reliable but are not guaranteed as to accuracy or completeness. There are risks in investing. Any individual report is not all-inclusive and does not contain all of the information that you may desire in making an investment decision. You must conduct and rely on your own evaluation of any potential investment and the terms of its offering, including the merits and risks involved in making a decision to invest. The information in this letter is not intended to be, and shall not constitute, an offer to sell or a solicitation of an offer to buy any security or investment product or service. The information in this report is subject to change without notice, and Pinecone Macro Research, LLC assumes no responsibility to update the information contained in this report. There is risk in trading markets. Pinecone Macro Research, LLC is not an investment advisor. The ideas and trades I share are my own and are for informational and educational purposes only and should not be construed as investment advice.  Accordingly, you should not rely solely on the information in making any investment.  You should always check with your licensed financial advisor to determine the suitability of any investments.