MACROECONOMICS

In-depth analysis of macroeconomic trends and economic conditions, published every Saturday evening

Carry Trade Japanese Yen 2025

Carry Trade Japanese Yen 2025

Will the BOJ Rate Hike in December 2025 Cause a Brutal “Unwind” Like August 2024?

Ryan Tran•
Supplementary Leverage Ratio (SLR) Reform 2025

Supplementary Leverage Ratio (SLR) Reform 2025

Treasuries, Repo and the New Power Map of US Public Debt

Ryan Tran•
A Divided FOMC and the 2026 Rate Puzzle

A Divided FOMC and the 2026 Rate Puzzle

The Fed Cuts Rates But Hasn't Chosen a Path

Ryan Tran•
INFLATION AND EMPLOYMENT BEFORE DECEMBER FOMC

INFLATION AND EMPLOYMENT BEFORE DECEMBER FOMC

Should the Fed cut interest rates or not?

Ryan Tran•
AI Resource Fever 2025

AI Resource Fever 2025

Credit, GPU, and Power - The Bubble Not Allowed to Pop

Ryan Tran•
AI, Jobs & the “Dead Inside” Feeling

AI, Jobs & the “Dead Inside” Feeling

US Labor Picture Q4/2025

Ryan Tran•
Ample Reserve, QT and the Future of the Fed Balance Sheet

Ample Reserve, QT and the Future of the Fed Balance Sheet

From QE to QO (Quantitative Optimization)?

Ryan Tran•
IS THERE A LIQUIDITY CRISIS OR NOT?

IS THERE A LIQUIDITY CRISIS OR NOT?

Why will the FED have to stop QT at the FOMC in October 2025?

Ryan Tran•
Nobel 2025: Republic of Knowledge - Republic of Knowledge 2.0

Nobel 2025: Republic of Knowledge - Republic of Knowledge 2.0

From steam engines to AI, what is knowledge in this year's Nobel?

Ryan Tran•
Gold: Debasement Trade And The Era of Uncertainty

Gold: Debasement Trade And The Era of Uncertainty

6 Charts Showing Unease in 2025

Ryan Tran•
What Factors Affect Mortgage Rates?

What Factors Affect Mortgage Rates?

Can rates return below 4%?

Ryan Tran•
Argentina and Dollarization

Argentina and Dollarization

Dollarizing the economy US-style: suicide or still a chance?

Ryan Tran•