One of the most useful ways to think about economic policy is to step away from politics and ask a simpler question: What incentives does a policy create, and what happens when people respond to...
There is a recurring mistake we make when thinking about economics: we look at the outcome and immediately ask, “Who should fix this?” Prices are too high. A company is failing. Inflation is rising....
Financial markets are often described as machines for processing information. New economic data arrive, companies report earnings, governments announce policies, central banks change interest rates,...
There is a powerful economic question buried beneath many of the political arguments dominating America today: How do we give ordinary people enough economic security that they can stop living...
Executive Macroeconomic Briefing, 24-Hour Global News Wire Synthesis & Cross-Asset Market Strategy.
Core Investment Thesis & Macro Regime Outlook The dominant message from the past 24 hours is the interaction of three macroeconomic shocks: an increasingly entrenched U.S.-Iran confrontation in the...
Executive Macroeconomic Briefing, 24-Hour Global News Wire Synthesis & Cross-Asset Market Strategy.
Core Investment Thesis & Macro Regime Outlook The dominant message from the past 24 hours is the interaction of three macroeconomic shocks: an increasingly entrenched U.S.-Iran confrontation in the...
The Complex Paradox of the Monetary Rubber Band Why the relationship between money, credit, interest rates and productive capacity matters more than any single inflation number There is a popular way...
Executive Macroeconomic Briefing, 1-Week US Sector Performance Rankings & Relative Allocation Playbook.
Core Investment Thesis & Macro Takeaway The latest five-day sector rotation is sending a message that investors should not ignore: the market is becoming more defensive, more selective, and...
The Monetary Rubber Band Why the relationship between money, credit, interest rates and productive capacity matters more than any single inflation number There is a popular way of thinking about the...
Executive Macroeconomic Briefing, 24-Hour Global News Wire Synthesis & Cross-Asset Market Strategy.
Core Investment Thesis & Macro Regime Outlook The dominant message from the past 24 hours is the interaction of three macroeconomic shocks: an increasingly entrenched U.S.-Iran confrontation in the...
Executive Macroeconomic Briefing, Global News Wire Synthesis & Cross-Asset Market Strategy.
Core Investment Thesis The dominant message from the past 24 hours is the interaction of three shocks: an increasingly entrenched U.S.-Iran confrontation, renewed tariff escalation, and a global...
Asia Weekend Macroeconomic Executive Summary Based solely on the Asian news headlines from the past ~48 hours Executive Summary The dominant macroeconomic message from Asia this weekend is that the...