
Trading, global macro, and other random thoughts.
| Platform | Pricing | Only free issues | Publishes | Twice weekly | |
|---|---|---|---|---|---|
| Issues | 86 | Founded | 4 years ago | Last Issue | 2 months ago |
| Active | |||||

A practitioner’s framework for the 5 forces that determine equity prices, when each one matters, and how to monitor them in real time.
I’ve spent years building and refining the analytical framework...
Ten days ago, the consensus was that 2026 would be a repeat of 2024: a slow grind higher powered by AI earnings, moderate growth, and a cooperative Fed. The soft landing was in. Recession risk was out. Investors were positioned accordingly....
Volatility has returned. The macro backdrop was healthy. Credit is whispering a warning. This is how to think about it.
This weekend I was building my weekly chart pack when the world changed. On February 28th, U.S. and Israeli forc...
On February 2nd I published “The Great Rebalancing: Why a Tired Dollar Might Finally Wake Up the World”. You can find the link to this article below.
In this piece I put forward the idea that Emerging Markets and International Developed Ma...
The “US exceptionalism” trade is running on fumes. While the consensus continues to chase large-cap tech, the technical structure of the broader S&P 500 is flashing warnings that are difficult to ignore. We are s...
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The writers behind this newsletter.
Professor. Speculator. Investor. Former Banker. Opinions are my own. Infected with the global macro virus.
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