His recurring economic worldview is cyclical and rotation-based: capital moves between asset classes as trends mature, and investors should prefer fresh breakouts and relative…
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Patrick Karim presents as a chart-first macro trader and co-founder of Northstar Bad Charts. Across the supplied material he consistently focuses on multi-timeframe technical structure, moving averages, relative strength, and market rotation rather than narratives alone. He repeatedly frames his work around identifying when assets are stretched, when they are resetting, and when a lower-risk entry is available.
His recurring economic worldview is cyclical and rotation-based: capital moves between asset classes as trends mature, and investors should prefer fresh breakouts and relative strength over crowded, overextended trades. He is broadly bullish on long-term charts for equities and hard assets, but he is not indiscriminately bullish at all prices. He often argues that gold, silver, and miners can be structurally bullish yet still offer poor entries when extended, and he prefers waiting for consolidation or a moving-average reset. He also tends to see bond yields, the U.S. dollar, and cross-country rate differentials as important macro drivers, with the dollar not necessarily doomed and U.S. equities remaining in an uptrend until key technical levels fail. Overall, he seems to view markets as interlinked, trend-driven systems where patience and positioning matter more than headline consensus.
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