Episode

SI406: Why Uncertainty Is a Trend Follower’s Best Friend ft. Mark Rzepczynski

Podcast
Top Traders Unplugged
Published
Jun 27, 2026
Duration seconds
4084
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Summary

Markets rarely move in straight lines, but periods of uncertainty often create the biggest opportunities for systematic investors. Niels Kaastrup-Larsen and Mark Rzepczynski examine why geopolitical shocks, changing Federal Reserve leadership and shifting market regimes continue to shape trend following performance. They explore why only a handful of markets often drive returns, how diversification really works when correlations suddenly rise, and why managed futures have historically stood apart during periods of elevated volatility. Along the way, they discuss the future of monetary policy, economic data, AI driven productivity and what investors should watch as the second half of the year unfolds. ----- 50 YEARS OF TREND FOLLOWING BOOK AND BEHIND-THE-SCENES VIDEO FOR ACCREDITED INVESTORS - CLICK HERE ----- Follow Niels on Twitter , LinkedIn , YouTube or via the TTU website . IT’s TRUE ? – most CIO’s read 50+ books each year – get your FREE copy of the Ultimate Guide to the Best Investment Books ever written  here . And you can get a free copy of my latest book “ Ten Reasons to Add Trend Following to Your Portfolio ” here . Learn more about the Trend Barometer here . Send your questions to  [email protected] And please share this episode with a like-minded friend and leave an honest Rating & Review on  iTunes  or Spotify so more people can discover the podcast. Follow Mark on Twitter . Episode TimeStamps: 00:00 - Boston's World Cup beer shortage and remembering Alan Greenspan 05:14 - Greenspan's legacy, interest rates and lessons from 1994 10:45 - Trend following performance and the markets driving returns 14:14 - Why diversification matters and how many markets are enough 20:47 - Looking ahead to the second half of the year 23:10 -…