PA - Global Macro
Exploring the world of macro through a practical and philosophical lens. The posts scan current macro narratives and aim to help educate readers on various subjects in a simple-to-read style.
| Platform |  | Pricing | Freemium | Publishes | Daily |
|---|---|---|---|---|---|
| Issues | 699 | Founded | 4 years ago | Last Issue | 4 days ago |
| Active | |||||
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paperalfa.comLatest Issues
Friday Thoughts
First Hike, what follows? FOMC & BoE Review
The FOMC came, and we have seen a new Warsh, someone I thought did his job very well. The common narrative going into the meeting was that they wouldn’t outpace the prevailing pricing - that was...
Pre-FOMC Thoughts
Dollar / Rates & Curves / Gold - New Cycle or Re-Calibration? History Lessons.
I am sure you are all inundated with FOMC analyses; me too. I try to zoom out when people overanalyse one meeting and the resulting market reaction, which, give...
Attack the Week (ATW)
Why the Fed won’t hike / Weekly Calendar / Macro FX Spreadsheet / Asset Allocation Update
Sunday Thoughts
Friday Thoughts
Front-end carnage / Druckenmiller thoughts / Macro D Week in Review
I am writing this on the road, trying to catch a flight that, given the UK air traffic delays this week, will hopefully take off. I’ll probably send this a few minutes bef...
The Wrong Interest Rate for Everyone
AI, credit and the impossible search for the right cost of capital
There is something increasingly strange about the price of money. Interest rates seem too high for much of the economy, yet perhaps still too low for the investment boom in...
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Authors
The writers behind this newsletter.
Macro Investor and Observer. Creator of PA - Global Macro. Life-long learner. My views only. 2+ decades of institutional & HF experience. No investment advice.
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