The Macro Compass: Which Way from Here?

When:  May 4, 2022 from 13:00 to 13:40 (BST)

This session has been organised by CFA UK's Fixed Income Special Interest Group

This webinar will discuss the current macroeconomic set-up and ask the question, where will the Macro Compass lead us?

Markets are navigating a regime shift, with investors and policymakers alike struggling to adapt to the new normal. Inflation is at multi-decade highs – a fact that in itself is beginning to influence the political landscape as consumers are having to live with much higher prices.

At the same time as politicians are facing pressure from voters, central bankers are having to withdraw stimulus to reload the “gun” for the next recession. We as market participants try to stay ahead of the game and predict which direction each of the above players will take in the coming months.

In this session the following questions will be addressed: 

  • How sticky is inflation and where is the new “2%” inflation?
  • How scary is QT and what should we expect from it?
  • What is the bond market telling us and how likely are these expectations to be realised in the coming months?

Where recordings are made, these are a member benefit that are accessed through the member-only platform, CFA UK Discover.


Registration: 12:55

Event: 13:00 - 13:40

CPD Points: 0.75


Alfonso Peccatiello, Author

Alfonso Peccatiello, is the author of The Macro Compass, a free financial newsletter providing educational macroeconomic insights & actionable investment ideas to 40,000+ worldwide investors and macro enthusiasts.

Previously, he was the head of a $20 billion investment portfolio for a large European bank where he invested across asset classes with a focus on global fixed income.

Andrey Kuznetsov, CFA, Head of Fixed Income, Graian Capital Management SA

Andrey Kuznetsov, CFA, is currently the Head of Fixed Income for a Switzerland based multi-family office Graian Capital Management SA and is responsible for asset allocation across fixed income.

He joined from Federated Hermes International, where he spent 8 years and in his latest capacity was responsible for a multi-billion portfolio of total return credit strategies. Andrey holds an undergraduate degree in economics from State University – Higher School of Economics in Moscow, where he majored in financial engineering and mandarin Chinese, and a graduate degree from London Business School.

Prior to moving to London, he worked in various roles in Russia and China. Andrey was named in Financial News’ ‘top 25 rising stars under 40 in European asset management’ and is a CFA charterholder.


Online Instructions:
Login: details will be shared closer to the event

Click on the RSVP button to register for your place,

You will receive email confirmation and calendar invitation. 


Nona Alexander