Hedge Fund CIO: "Everyone Is Positioning For 2026, When Trump Will Do Everything Imaginable To Win The Midterms"

By Eric Peters of One River Asset Management

“First time in my career where it makes sense to bet on the right tail,” said Alpha. “Q1 will be interesting. We’ll revise up global growth. And lift US nominal GDP growth to 5%, maybe higher,” he said, moving macro markets at one of those multi-manager money machines. “The fiscal impulse will be a positive. The consumer has been sluggish and weakened this year. Market is over-extrapolating that. Early filers will get big tax rebates. It’ll be a meaningful boost. So aggregate demand will go up. Into that trade, risk assets will do well, at least for a while.”