The Prometheus Multi-Strategy Program is our primary offering to institutional investors. The Monitor is how we track and communicate the positioning and reasoning of the Prometheus Multi-Strategy Program. The program systematically trades in 47 global markets daily.
To complement our existing offering for individual investors, we offer excerpts and insights from The Monitor. If you are a professional investor and would like access to our real-time signals and analysis, email us at info@prometheus-research.com for more information.
Our observations are as follows:
Our fastest measures of economic activity suggest that NGDP remains elevated and resilient, despite weakness in equity markets. This is to be expected as the economic effects of an inflation shock require both significant and prolonged inflation to materially impact spending and output.
The inflation shock to CPI remains elevated, but the rate of change has begun to turn downward.
Macro markets have priced a regime shift, with our macro regime probabilities for inflation collapsing.
While the inflationary effects of the run-up in oil prices will continue to have a material impact on the economy and markets, it is essential to recognize that a marginal shift in oil shortages currently priced into markets will result in a short-term disinflationary market regime. As such, the Prometheus Multi-Strategy Program, after running at maximum risk in tactical long-energy exposures, is now changing its risk profile, materially reducing its exposure to
