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The Macro Value Monitor

Brian McAuley

Monetary History, Market Myths, and Investing Legends

Platform
Substack
PricingFreemiumPublishesWeekly
Issues35SubscribersRead macrovaluemonitor.substack.com

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Latest Issues

Recent posts by this newsletter. Browse the email archive.

The Triumph and Erosion of Exceptionalism

A battered dollar is taking another beating as investors, unnerved by fresh signs of an erosion in U.S. central bank independence, waste no time in pushing the greenback back to its lowest levels in over three years.

3 months ago
2
1

A Return to the 19th Century

Barriers to open trade are rising across the world at a pace unseen in decades, a cascade of protectionism that harks back to the isolationist fervor that swept the globe in the 1930s and worsened the Great Depression.

7 months ago
3
0

Navigating a Foggy Cycle

The biggest story in finance is that longer-term bond yields are rising. The yield on the 10-year Treasury is the highest since April, even though the Federal Reserve’s overnight rate is now a percentage point lower than it was then. The 30...

10 months ago
0
0

Authors

The writers behind this newsletter.

  • Brian McAuley

    The Macro Value Monitor: Monetary History, Market Myths, and Investing Legends

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