Today's guest is Alfonso Peccatiello aka Macro Alf who has over 106,000 followers on Twitter.br br He is the author of The Macro Compass a free newsletter delivering financial education, macro insights & investment ideas. Alf was also the former head of a $20 billion investment portfolio.br br In this conversation, we discuss:br br 1. Why understanding the bond market is paramountbr 2. How demographics affect financial policy and economic outputbr 3. The layers of the financial system (bonds, credit, equities)br 4.