Exact Macro Market Monitor
Mike SandiferMarket--based weekly outlooks on the US stock market and economy, from the market monetarist perspective with a particular focus on models based upon the equilibrium relationship between the S&P 500 earnings yield and the NGDP growth rate.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 402 | Subscribers | Read | exactmacro.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Stock and GDP Outlook, for Week Ending 05/01/2026
Stock prices and the mean expected NGDP growth rate rose again last week, along with inflation expectations, oil prices, and market volatility. This continues to underline the stock and oil futures market perception that this standoff with ...
Stock and GDP Outlook, for Week Ending 04/24/2026
Stock prices and the mean expected NGDP growth rate rose sharply last week on news of a potential deal to begin to end the standoff over the closing of the Strait of Hormuz. However, the good news was short-lived, as Iran announced the Stra...
Stock and GDP Outlook, for Week Ending 04/19/2026
Stock prices and the mean expected NGDP growth rate rose sharply last week, as a fragile ceasefire agreement with Iran was announced that did not lead to a resolution to the conflict in subsequent negotiations. Thus, Trump has now announced...
Stock and GDP Outlook, for Week Ending 04/10/2026
Stock prices and the mean expected NGDP growth rate rose last week, in part due to a better-than-expected BLS March jobs report. As Guy Berger correctly states, this positive report should be put in the context of recent months, which indic...
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Authors
The writers behind this newsletter.
As a former stockbroker, I offer macro fundamentals-based stock/dollar forex market boom/bust alerts and portfolio stress-testing.
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