Citrini’s Top 25 Trades For 2025

Dr. Darrell Duffie on Liquidity Strains at Year-End/Quarter-End and When Fed Reserves Will No Longer Be Ample

The Research to AUM Pipeline | Warren Pies on Raising $450m in an ETF in Less Than 6 Months

From "Everything Bubble" To "Everything Bust"? Michael Howell on Liquidity In 2025 & Beyond

U.S. Recession To Be Revealed By January 2025 “Data Bomb” | Danielle DiMartino Booth

Jack Farley & Max Wiethe on Fed Hawkishness & Steep Stock Market Sell-off

Inside the Secret World of Prop Traders | Noel Smith of Convex Asset Management

The Treacherous Last Mile of Inflation | Vincent Deluard on France, 2025 U.S. Fiscal Drag, COLA Pain, and the U.S. Healthcare Price Spiral

20% Decline In Stocks By First Quarter 2025? Felix Zulauf on a Bubble In S&P 500, Yen Carry Trade, and Bond Market Rollercoaster

Active Management Still Matters in Emerging Markets | Jamie Carter

Rumors of Job Market Demise Have Been Greatly Exaggerated | Jack Farley & Max Wiethe

The Macroeconomic Malaise | Juliette Declercq on Debt, Tariffs, Immigration, and Yield Curve

The Investor Up 1000% With No Down Years | Chris Brown of Aristides Capital

Financial Markets Remain Abnormal | Andy Constan on Flat Yield Curve, Expensive Stock Market, and MicroStrategy

Joseph Wang & George Goncalves on Rates, Tariffs, Fed’s Balance Sheet, and Yen Carry Trade

The Easiest Way to Launch a Hedge Fund | Understanding Fund Spinouts with Farid Guindo

Banks As Synthetic Hedge Funds | Elham Saeidinezhad on Private Credit ETFs, Interest Rate Swaps as Repo, and the Increasing Interconnectedness Between Banks And Nonbanks

S&P To 7000? | Warren Pies On Why Stocks Aren’t Overvalued

How To Build A Billion Dollar Hedge Fund From Scratch | Dan Rasmussen

Investing For A High Price Future | James Davolos on Inflation, Pricing Power, and West Texas