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AAS Economics

Money supply and monetary liquidity are the essence of our research, following the multi-decade work of Dr Frank Shostak. We help you understand how these affect the economy and how to take advantage of them in your investment decision-making process.

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Latest Issues

The World in Charts: Our Monthly Chartbook for May 2026

Your handy, single-source reference manual for all things economic and financial

Gain unique predictive insights through our unique approach and our trademark focus on leading monetary indicators.

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Another PMI Surprise?

Once again we see the power of money supply as a forecasting tool

US S&P Global Manufacturing PMI strengthened in May to 55.3, up from 54 in April.

In May last year it stood at 52.

To regular readers this comes as no surprise. We have be...

5 days ago
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This is What a Bubble Looks Like

Taiwan and Korea are two markets at the epicentre of the AI/semiconductor bubble, along with the US. The difference between these Asian markets and the US is that the former group does not have the same industrial or market diversification...

6 days ago
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Brazil ready for take-off

The yearly growth rate of Brazil’s IBC-Br economic activity index decreased to 0.1% in March from 1.9% in February. In March last year it stood at 5.2%.

But there’s no need for concern, especially as Brazil will be a major beneficiary of t...

8 days ago
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Will the Bond Meltdown Continue? - Money Supply & Macro Weekly #58

It's pretty easy to find out...

Over recent weeks we have seen the return of meaningful increases in government bond yields in several countries.

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    With a team comprising over a hundred years of collective economics and financial market experience, AAS Economics rigorously applies Austrian monetary economics to business cycle forecasting and asset allocation.

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