Reading 32 LOS l. states " demonstrate and contrast " the use of macro and …
It doesn’t say anything about calculating anything like in micro, but in the CFAI readings it has different formulas for macro and I’ve come across different questions in my study materials that have you calulate different macro returns for asset categories, benchmarks, Investment managers, etc… Do you think we’ll need to do this on the actual exam? I’m assuming any questions on maro will be qualitative in nature? Thoughts? Thanks.