4 trades to BUY NOW for the 2026 macro cycle! | Eric Wallerstein

Eric Wallerstein is the chief macro strategist for Clocktower Group, and was previously an advisor to Stephen Miran at the Federal Reserve Board as well as at the White House Council of Economic Advisors. He joins Phil Rosen on Full Signal to discuss how to trade against the current macro backdrop, betting on US exceptionalism and fading Europe, and being right early on the the Iran conflict.

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Timestamps:

0:00 - Kevin Warsh's Fed regime

1:08 - Where rates go from here

3:46 - US dollar bull case

5:04 - The US banks trade

8:19 - NATO breakup thesis

12:01 - Steelman case for Europe

13:28 - Poland, Norway, Sweden trade

15:52 - The 2 Europes trade

20:50 - US exceptionalism and Iran

31:56 - Working with Fed Governor Miran

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