David H Levey
David H LeveyDavid studied economics at Chicago and Harvard, was Country Risk Manager at Wells Fargo, and then Managing Director for Sovereign Ratings at Moody’s, where he led a team of analysts assessing the default risk of national governments.
| Platform |  | Pricing | Only free issues | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 198 | Subscribers | Read | davidhlevey.substack.com |
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Latest Issues
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The U.S. Economy in Wartime (03/16/2026) -- Groceries; Oil and Financial Risk; Is Inflation Fiscal or Monetary? Older and Younger Workers; Debt and National Security; Bubbles; Split Housing Market
1) Grocery prices, as measured by the CPI for food at home, are rising faster than in Biden’s last year in office. Not a good look for the GOP as the midterms approach.
The Next Step For the U.S.
Robin Brooks has the answer to how the U.S. can break the apparent stalemate in the war. This is exactly what the U.S. military should do -- play tit-for-tat and completely shut down Iran’s oil exports. At first sight, that is counterintuit...
China EconomyTopics (03/12/2026) -- Catch-Up Growth is Stalling; GDP Overstated; China's AI Focus Differs From the U.S.; Dollar Accumulation; Fertility Decline; Involution and Zombie Firms
Very little happens anywhere in the world these days that is not affected by China’s ascent to global great power status, including the Iran War, where it has become apparent that China was Iran’s main military supplier and oil customer. Ar...
Latest Iran War Commentary
1) I posted this on Substack Notes:
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Authors
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David studied economics at Chicago and Harvard, was Country Risk Manager at Wells Fargo, and then Managing Director for Sovereign Ratings at Moody’s, where he led a team of analysts assessing the default risk of national governments.
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