The Bear Traps Report

Founded in 2016 by Lawrence G. McDonald, a former Head of Macro Strategy at Lehman Brothers, The Bear Traps Report is an independent research publication for institutional investors, hedge funds, and family offices. The service focuses on identifying systemic risks and market mispricings across various asset classes, including equities, fixed income, and commodities. Its mission is to provide clients with unique, high-conviction analysis and trade ideas that are often contrary to consensus views, drawing on lessons from past financial crises to navigate present market conditions.