Macro Observations
Weekend reading: 3 from the archive worth your time If you have been enjoying the free Lead-Lag Report, here are three paywalled pieces from the last few weeks that free readers consistently ask me about. 1) A Market Divided (2)Markets are sending a split signal across styles and
Macro Observations
Macro Observations
Markets just priced 70% odds of a Fed HIKE — and ran eight straight up-weeks anyway. The duration playbook just broke.
Macro Observations
If you missed a few paywalled pieces this month, here are 3 from the archive worth your time. Two cities, two nights, last seats — Boston tomorrow, NYC ThursdayIf you have been wondering why equities can rally even as rate expectations rise, this frames the positioning setup and the risk signal
Macro Observations
Macro Observations
3 from the archive worth your time (all paywalled): 1) URGENT - Doors Close at Noon ET: 1 CFP CE Credit on the 351 ExchangeIf you care about positioning, flows, and how macro narratives get priced, this is a useful one to revisit.Read: https://www.leadlagreport.com/p/urgent-doors-
Macro Observations
Credit spreads at 2007 lows, VIX collapsing, CPI re-accelerating, and a Fed splitting 8-4 for the first time since 1992. The all-clear isn't an all-clear.
Macro Observations
Weekend reading: 3 from the archive worth your time\n\nIf you missed these, they are worth saving for a quiet hour this weekend:\n\n1) Money in Motion - Today at Noon ET\nWhy it matters: the market regime shift shows up first in cross-asset leadership, not headlines.\nhttps:
Macro Observations
Macro Observations
Macro Observations
Macro Observations
The Yen Apocalypse, told as a 24-page comic. The reverse carry trade unwinds, the Bank of Japan blinks, and the global liquidity pipe finally gets pulled. What follows is the visual version of every macro warning I have been writing for the last two years. Scroll all the way