Characteristics of Global Macro Hedge Funds

Global Macro hedge funds are known for their focus on macroeconomic trends and events across the globe. These funds employ a wide range of investment strategies that can include long/short positions in various asset classes, such as currencies, commodities, and equities, based on their view of economic fundamentals. Investors in these funds often seek to capitalize on shifts in global economic policies, interest rates, and geopolitical events.

Consider the following three potential characteristics of Global Macro hedge fund strategies. Which of these characteristics is most closely aligned with the typical focus of Global Macro hedge funds?