Institutional Economics
Stephen KirchnerEconomics, finance and public policy.
| Platform |  | Pricing | Freemium | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 415 | Founded | 7 years ago | Last Issue | 9 days ago |
| Active | |||||
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stephenkirchner.substack.comLatest Issues
Can US exceptionalism survive demographic decline?
No fate but what we make
In the context of the 250th anniversary of the US Declaration of Independence, JPM’s Michael Cembalest reviewed the status of US exceptionalism from a capital markets perspective. US dominance of global capital mar...
Grading the turn-of-the year consensus
At the end of last year, I asked NotebookLM to distill the consensus macroeconomic and financial market outlook from the year-ahead outlooks of 19 leading global institutions. I also asked for an inventory of all the explicit trade and posi...
Too Lowe for zero
The Reserve Bank of Australia has published its Framework for Additional Monetary Policy Tools (AMPT) at low interest rates, alongside an explanatory speech by Assistant Governor (Financial Markets) Christopher Kent. The framework completes...
The Ever Lovely and the oil contango
The oil price shock is over, the positive demand shock isn't
The container ship Ever Lovely came under fire off the southeast coast of Oman on Thursday. The attack halted the International Maritime Organization’s plan to evacuate stranded...
My review of The Age of Turbulence, by Alan Greenspan (1926-2026)
To mark the passing of Alan Greenspan at the age of 100, I am re-posting my 2007 review of his memoir, The Age of Turbulence. Contrary to its title, we now look back on Greenspan’s tenure as a period of relative macroeconomic stability, the...
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The writers behind this newsletter.
Financial market, think-tank and academic economist based in Sydney, Australia. Views expressed in this newsletter are my own and should not be attributed to current or previous employers.
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