Much like a central banker, a macro trader relies on price signals to judge how the market is positioned based on a variety of economic conditions. Over time, financial markets will either adapt to macro-economic cycles, or, at times, anticipate a regime shift--a persistent change in the structure of the global economic system.
As such, technical analysis can assist macro traders in studying market activity such as price movement and volume. On the portfolio level, these market signals can help traders manage financial risk by identifying timely macro themes across asset classes.
Damanick Dantes, CMT is an independent global macro trader. Previously, Damanick was tasked with curating timely research and expressing global asset allocation views for portfolio managers at Fidelity Investments. During his time at Fidelity, Damanick worked alongside internal analysts and conducted high-level meetings with outside policymakers during a research trip to Japan. Damanick has experience providing real-time market coverage, particular to the Asia and Pacific region during his time at Saxo Bank and 4Cast, in addition to ongoing academic research support for MENA region economists. Damanick earned a Bachelor of Science in Economics and Finance at Babson College.