Is the Everything Bubble About to Pop?
Posted January 23, 2025
The year 2025 could mark a turning point for the global economy and financial markets. After years of extraordinary growth in asset prices fueled by
Posted January 23, 2025
The year 2025 could mark a turning point for the global economy and financial markets. After years of extraordinary growth in asset prices fueled by
Posted January 2, 2025
Debt Ceiling 2025: How It Impacts Liquidity and Financial Markets As of January 1, 2025, the U.S. debt ceiling is back in effect, reinstated at
Posted September 24, 2024
You will have heard that the Fed reduced the Federal Funds Rate by 50 basis points last week. But do you know HOW the Fed
Posted August 22, 2024
The new Macro Watch video examines six critical factors that could have an outsized impact on the economy and the financial markets during the months
Posted May 30, 2024
From today, Macro Watch will begin rolling out a long series of short videos that will explain everything necessary to understand how the economy works
Posted March 16, 2024
I recently joined Clay Finck on the We Study Billionaires Podcast on The Investor’s Podcast Network. If you only listen to one of my interviews
Posted February 11, 2024
Many people are concerned that the government’s large budget deficits will drain Liquidity and drive up US interest rates. This video explains why they won’t.
Posted December 29, 2023
Will the United States fall into Recession in 2024? Trends in Credit Growth suggest it will. It is important to monitor and forecast trends in
Posted November 27, 2023
The stock market and the bond market have both rallied sharply this month on the belief that interest rates have peaked and that the Fed
Posted August 15, 2023
This week Macro Watch examines the liabilities of five large central banks to explain how central banks create Money to pay for the assets they
Posted August 1, 2023
Global Liquidity is tightening. The new Macro Watch video demonstrates this by examining the balance sheets of the Federal Reserve, The European Central Bank, The
Posted July 12, 2023
One of the main themes of Macro Watch is that Liquidity Determines The Direction Of Asset Prices. This week Macro Watch shows that Liquidity is contracting
Posted April 27, 2023
Home prices in the US are falling and it is very probable that they will continue to fall. The future direction of stock prices, however,
Posted March 27, 2023
Since the previous Macro Watch video on March 15th, the Systemic Banking Crisis of 2023 has spread and forced an abrupt adjustment to Monetary Policy.
Posted March 21, 2023
Last week, just before I left New York, I was interviewed by Andrew Keen for his Keen On podcast. Named as one of the “100 most connected
Posted March 16, 2023
The failure of Silicon Valley Bank set off a systemic banking sector crisis in the United States late last week. It is not yet certain
Posted March 10, 2023
Fed Chairman Jerome Powell’s remarks before the Senate on March 7th were very hawkish and suggest the Fed will raise the Federal Funds Rate significantly
Posted February 18, 2023
I was recently interviewed by Addison Wiggin for his podcast The Wiggin Sessions. Addison is a financial writer, publisher, filmmaker and the author or co-author
Posted February 3, 2023
On February 1st, the Fed hiked the Federal Funds Rate by 25-basis points to a range between 4.5% and 4.75%. During the press conference following
Posted January 24, 2023
Changes in the Combined Total Assets of the Fed, ECB and BOJ appear correlated with movements in the S&P 500 Index. Of course, correlation does not prove causation. But