Macro Hive Conversations With Bilal Hafeez

Dr. Dirk Willer is a Managing Director and Global Head of Macro and Asset Allocation at Citi Research in New York. Prior to this role, Dirk headed global Emerging Market Strategy, where he and his teams were consistently ranked in the top three in the institutional investor surveys. Previously, Dirk worked at Omega Advisors and RHG Capital as a global macro strategist and portfolio manager, and at Swiss Bank as a fixed income strategist for Russia and Eastern Europe. Dirk holds a PhD and MSc in Economics from the London School of Economics. Dirk is also the author of an influential book on how to trade emerging market fixed income, published by Wiley in 2020, and of a book on global macro trading, released in 2026. In this podcast, we discuss:
Unlearning the QE Reflex
Trading "Close to the Fire"
The Nearest Neighbour Regime Framework
PMIs vs. "Noisy" Indicators
Yield Curve Inversions and Fed Lags
The "GMO" Bubble Methodology
Credit as the Equity Canary
The Four-Indicator Dollar Model
Fading Geopolitical Shocks
The Role of Human Judgment in AI

Dylan is the founder of arcMacro, where he analyses macro and private markets. His previous roles include serving as an economist at Goldman Sachs and Rosenberg Research, and later as a private market consultant at McKinsey. In this podcast, we discuss:
The Hormuz Supply Shock
Stagflation as the New Base Case
AI Capex vs. Energy Headwinds
A Hawkish Fed Outlook
Canada's Productivity Pivot
The USMCA Trade Cloud
Private Market Maturation
Normalising Credit Defaults
AI's Private Market Future

Shawn Edwards is Bloomberg's Chief Technology Officer. Based in New York, he oversees the development of Bloomberg's global technology strategy. In 2017, Shawn was named in the top ten of the Institutional Investor Tech 40 – an annual ranking of financial industry technology leaders. Prior to joining Bloomberg in 2003, Shawn worked for Bear Stearns & Co., where he was a managing director in the company's fixed income trading group. He has also held positions at Mentor Graphics and IBM. In this podcast, we discuss:
Engineering Trust through "Entailment"
Automating "The Bloomberg Way"
ASKB: Reimagining the Terminal
Workflow-Specific AI Expansion
Actionable Alternative Data
Empowering Non-Programmers
Accelerating Data Onboarding
Competition vs. Domain Knowledge
A Cautious View on AGI

Andrew Perry is the creator of Macro Pillars, a macro research product servicing a bespoke selection of global banks, hedge funds, and sophisticated investors. He has over 35+ years of experience in markets, including as a Portfolio Manager at Tudor Investment Corporation under Paul Tudor Jones, and later as a Managing Director and Portfolio Manager at Nomura. In this podcast, we discuss:
The Five Pillars of Global Macro
The Move Index: The Ultimate Indicator
Non-Traditional Liquidity and Market Plumbing
Australia's "Lucky Country" Crisis
From Supply Shock to Demand Shock
The Significance of "Critical Dates"
Risk Management and Emotional Resilience
US Equity Outperformance and Policy Makers

Tina Fordham is a Geostrategist, Author and Advisor to board and C-Suite leaders on a mission to transform how leaders navigate the changing global environment. Her signature theses on the Geopolitics Supercycle, PQ (Political Quotient) and Vox Populi Risk have entered the popular lexicon, while the tools developed by Fordham Global Foresight have demonstrated how geopolitics can be integrated into business strategy. 

Fordham was Wall Street's original Chief Global Political Analyst, spending 17 years at Citigroup. She created Eurasia Group's financial markets research business; was appointed to the United Nations' first HighLevel Panel on Women's Economic Empowerment; and has served as a Senior Advisor to the U.K. Prime Minister and 2-and 3-star Generals. 

Tina is a member of the International Advisory Boards of Columbia University's School of International and Public Affairs, her alma mater, and Cambridge University's Centre for Geopolitics. She hosts "The Navigator", produced in collaboration with the London Stock Exchange, and is a frequent guest on CNN, CNBC and Bloomberg. 

Her forthcoming book, Mad World: A Geostrategy Survival Guide for Business Leaders, will be published in July 2026 by Whitefox. In this podcast, we discuss:
The Geopolitics Super Cycle
The 1973-Scale Oil Shock
Europe's "Barely Controlled Panic"
The 2026 Greenland Maneuver
Venezuela and the Iran "Jujitsu" Move
China's "Silent" Advantage
The Rise of Middle Powers
Raising Your "PQ" (Political Quotient) 

You can follow Tina's work on X, LinkedIn, and the Fordham Global Foresight website. You can also contact Tina here,