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Market Depth

Charlie Crowson

Exploring the frontiers where financial markets, macro-economics and history meet

Platform
Substack
PricingOnly free issues
PublishesWeeklyIssues71
SubscribersRead marketdepth.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

Germany's appetite for economic self-destruction

Who needs fake news when the real news is scarcely believable? The Daily Telegraph, Britain’s most traditional and patriotic broadsheet newspaper, is eulogising Germany (of all countries) for a massive spending increase on its armed forces,...

2 months ago
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What Donald did next.

The press usually treats a strong gold price with consternation, largely due to gold’s long history as a hedge against inflation, war, uncertainty and government incompetence. Gold price up means bad things.

2 months ago
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DeepSeek AI - when events can only be understood by historical analogy.

It is telling that the analogy that people immediately reached for when hearing that DeepSeek, an Artificial Intelligence large language model (LLM) company from China, could do what its American ‘rivals’ could do at a fraction of the cost,...

3 months ago
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America's (very) long history of tariffs.

With President Trump ensconced in the White House once again and busy with executive orders, the issues of tariffs on foreign trade and taxes on foreign companies and individuals are now front and centre.

3 months ago
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Authors

The writers behind this newsletter.

  • Charlie Crowson

    Market professional with a background in event-driven and macro trading and investment.

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