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.
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.
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.
Yield Curve Inversion
Yield curve inversion means that a short-term U.S. treasury is paying a higher interest rate than long-term U.S. treasuries.
Interest Rates
Interest Rates are the cost that borrowers pay lenders to use their money,
A walk through financial contagion
A quick history lesson in financial contagion
Bonds & Bunds
Today we will look at the bond market and how it relates to other financial markets.
Macroeconomics for dummies: A Comprehensive Guide
In this article, we'll do our best to help you understand how the big picture of macroeconomics influences crypto and financial markets.
