Market Depth
Charlie CrowsonExploring the frontiers where financial markets, macro-economics and history meet
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 64 | Subscribers | Read | marketdepth.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
Growth from tax and creative accounting? Good luck with that.
In their 1997 manifesto, the Labour party promised to enforce the ‘golden rule’ - only borrowing to invest rather than to fund current expenditure. Labour’s chancellor, Gordon Brown, positioned himself as the epitome of prudence, soberly dr...
Is the bond market starting to call the Fed's bluff?
It is perhaps odd to start a commentary on US Federal Reserve policy with a quotation from a 1970s speech by a British politician, but luckily this blog isn’t written by ChatGPT. At the Labour Party conference in 1976, Prime Minister James ...
Private credit. Out of sight, out of mind?
For commercial banks to function profitably, they have to lend more than they borrow (in terms of debt or deposits) or fund (in terms of equity), and at a higher rate. Yet with financial deregulation from the 1980s onwards, culminating in t...
The gig economy - gauging the financial temperature through pop and rock.
The lime green tones of Brat summer are so done. If you defo want to get g-checked in your ends, it’s time to dig out your 90s parka and white Adidas trainers. Oasis are holding a series of concerts in 2025, and if the Daily Mirror showbiz ...
Authors
The writers behind this newsletter.
Market professional with a background in event-driven and macro trading and investment.
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