Market Depth
Charlie CrowsonExploring the frontiers where financial markets, macro-economics and history meet
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 66 | Subscribers | Read | marketdepth.substack.com |
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Latest Issues
Recent posts by this newsletter. Browse the email archive.
No pain no gain? America and Trump 2.0
The phrase ‘lost in translation’ reflects a deeper truth about language - that it functions by distinction, and that “Languages differ by differentiating differently”1. The Japanese for example have a word for the space between clouds. They...
Money and the end of the long twentieth century
Writing about life before the start of World War I in 1914, the historian AJP Taylor said, “a sensible, law-abiding Englishman could pass through life and hardly notice the existence of the state, beyond the post office and the policeman.”1...
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 ...
Authors
The writers behind this newsletter.
Market professional with a background in event-driven and macro trading and investment.
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