Have you been burned by the stock market's wild ride? This investor may be able to help

If the last three years have taught investors anything, it's that trying to call interest rate moves is both a) extremely difficult and b) a fool's errand at the best of times. And even if you do call those interest rate moves correctly, you still have to end up on the right side of the trade - and 2022 proved that owning bonds as a recession hedge does not work if the recession is caused by rampant inflation and central bank mistakes.
So far in 2024, we've seen hikes priced into the Australian rates market after one tiny upside surprise on first-quarter inflation - only for it to be erased a week later. Meanwhile, the US rates market has gone from forecasting six rate hikes to one in a matter of months - with each move being spurred on by the wrong kind of surprise on individual data prints.
So how do you cut through the noise and make a profit through this volatile cycle? For one, create a process that reduces unforced errors and accepts you don't have all the answers.
Dr Christian Baylis, CIO and Founder at Fortlake Asset Management is joining us for a brand new edition of Views from the Top. Baylis has years of experience in academia and markets - working at the RBA and later at UBS where he managed over US$26 billion at one point as Head of Derivative Strategy and Credit Trading.
In this interview, you'll also hear from Baylis about the benefits of a quant-oriented fixed income strategy, why he thinks higher interest rates could actually be fuelling inflation, and what opportunities he sees in the coming months.