Welcome to the Macro outpost! “Macro” stands for macroeconomics and involves looking at the bigger picture of the economy. We will be looking at labor shortages, international conflicts, supply chain issues, and central banking policies. Notably, macroeconomic factors affect all asset classes.
Jan 10
2 min read
Jerome Powell Speaks at Riksbank Event
Daddy Jerome Powell is back speaking at his first event of 2023. Let us see what he has to say about the future of the economy
China Reopens Borders and Boosts Global Economy Outlook
This week there is a new variable in markets, china is reopening its doors post Covid-19. Implications for Federal Reserve Interest Rate Decision and Crypto Market Reversion
Jan 06
2 min read
Unemployment and NFP Release
The unemployment rate and non-farm payroll for 2023 were released and showed a strong economy with lower unemployment and a potential for the Federal Reserve to raise rates
Jan 04
1 min read
December FOMC Minutes
The Federal Open Market Committee (FOMC) Meeting Minutes are a detailed record of the committee's policy-setting meeting held on December 13th and 14th
Unemployment Rate and Non Farmers Payroll
Unemployment is when people don't have jobs. They don't go to work and get paid because they don't have a job. Some people are unemployed because they got laid off, so their employer no longer needs them to work.
Dec 29
5 min read
Wrapped Macro Crypto 2022
We take a look at the crypto markets and review the macro outlook of 2022
The real measure of Consumer inflation: The PCE Index
Everybody and their mother has become inflation experts yet; everyone has decided that the Consumer Price Index (CPI) is the best metric for inflation. WRONG. The better metric for consumer inflation is the Personal Consumption Expenditure (PCE), and it's also the inflation metric that daddy Jerome Powel looks at.
Dec 15
3 min read
December ECB Meeting
The ECB meeting is a meeting of the governing council of the European Central Bank (ECB). The governing council discusses and decides on the monetary policy of the eurozone.
Dec 14
Highest Put-to-Call ratio in 25 years, the powerful market sentiment indicator
The Put to Call ratio is not a foolproof indicator and should not be relied on as the only factor when making financial decisions. We should use the ratio with other technical and fundamental analysis methods to get a fuller market picture.
Dec 14
December FOMC meeting
The Federal Reserve and Jerome Powell have let the markets know what their decision has been for interest rates.
Dec 14
Full Speed Ahead Quantative Tightening
Quantitative tightening (QT) is a contractionary monetary policy tool used by central banks to reduce the money supply, liquidity, and general level of economic activity in an economy.
Dec 13
December CPI Report
On the 13th of December, they released the latest CPI data - adding some volatility to the end of the year.
