Andy Constan, CEO at Damped Spring Advisors, has spent the last three decades investing and trading global markets. In an interview with Alfonso Peccatiello, author of The Macro Compass newsletter, Constan discusses his framework for investing: growth and inflation expectations, flow, and risk premiums. “We have seen since this incredible combination of monetary and fiscal stimulus and declining volatility - a portfolio that own fairly priced risk premiums is likely to perform well next year,” explains Constan. The macro trader talks about his view on the current and future expectations of growth & inflation, volatility, global currencies, and bond yields; and his process to determine asset allocations across his portfolio. Recorded on December 17, 2021.