what is a global macro strategy 
a global macro strategy is a hedge fund or mutual fund strategy that bases its holdings primarily on political forecasts of various countries or the macroeconomic principles that have high impact on the economies of those countries holdings may include long and short positions in various equity fixed income currency commodities and futures markets for example if a manager believes the united states is headed into a recession he may short sell stocks and futures contracts on major u s indices or the u s dollar he may also see a big opportunity for growth in singapore taking long positions in that country s assets global macro funds are normally actively managed which means they have a higher investment threshold and higher fees 