<![CDATA[The MacroTourist]]>https://posts.themacrotourist.comhttps://substackcdn.com/image/fetch/$s_!yx6t!,w_256,c_limit,f_auto,q_auto:good,fl_progressive:steep/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2Fc0b7f4f1-4ece-44fb-9134-52d615cb647f_1280x1280.pngThe MacroTouristhttps://posts.themacrotourist.comSubstackMon, 15 Jun 2026 13:43:26 GMT<![CDATA[WATCH YOUR BIDS (s2026 e16)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e16https://posts.themacrotourist.com/p/watch-your-bids-s2026-e16Mon, 15 Jun 2026 04:14:36 GMT

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]]><![CDATA[DOVISH DREAMS, HAWKISH MATH]]>https://posts.themacrotourist.com/p/dovish-dreams-hawkish-mathhttps://posts.themacrotourist.com/p/dovish-dreams-hawkish-mathSun, 14 Jun 2026 20:00:40 GMT

DOVISH DREAMS, HAWKISH MATH

Back in 1992, Stanford economics professor, John B. Taylor proposed a rule to determine the appropriate level of Central Bank overnight interest rates. Affectionately known as the Taylor rule, this model takes the difference between the target inflation rate and the actual rate, and combines that with the difference between th…

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]]><![CDATA[THE COUCH CUSHION ECONOMY]]>https://posts.themacrotourist.com/p/the-couch-cushion-economyhttps://posts.themacrotourist.com/p/the-couch-cushion-economyThu, 11 Jun 2026 15:58:18 GMT

THE COUCH CUSHION ECONOMY

On Friday, SpaceX will start trading in what will be the largest IPO in history. And it’s not like it’s squeaking over the line to capture that title. No, according to Renaissance Capital, SpaceX’s $75 billion IPO raise will be almost three times larger than the previous record holder (Saudi Aramco).

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]]><![CDATA[THE SHARPEST RALLY YOU'LL EVER SEE]]>https://posts.themacrotourist.com/p/the-sharpest-rally-youll-ever-seehttps://posts.themacrotourist.com/p/the-sharpest-rally-youll-ever-seeTue, 09 Jun 2026 02:44:51 GMT

THE SHARPEST RALLY YOU’LL EVER SEE

For most of the past couple of months, when folks have asked about gold stocks or opportunities in Latin America or almost anything else, I’ve had the same response: no one cares. The market has been myopically fixated on one thing — and one thing only — artificial intelligence. Sure, a few weeks back in February they a…

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]]><![CDATA[WATCH YOUR BIDS (s2026 e15)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e15https://posts.themacrotourist.com/p/watch-your-bids-s2026-e15Tue, 02 Jun 2026 11:17:57 GMT

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]]><![CDATA[THE TOKEN MIRAGE: HOW CORPORATE AI POLICY FUELED A $8 TILLION RALLY]]>https://posts.themacrotourist.com/p/the-token-mirage-how-corporate-aihttps://posts.themacrotourist.com/p/the-token-mirage-how-corporate-aiMon, 01 Jun 2026 02:19:56 GMT

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]]><![CDATA[RMPOs ≠ QE, BUT DO STOCKS KNOW THAT?]]>https://posts.themacrotourist.com/p/rmpos-qe-but-do-stocks-know-thathttps://posts.themacrotourist.com/p/rmpos-qe-but-do-stocks-know-thatMon, 25 May 2026 15:51:25 GMT

RMPOs ≠ QE, BUT DO STOCKS KNOW THAT?

Nothing seems to garner more controversy than the effect the Federal Reserve’s balance sheet has on risk assets. Talk to your favourite tinfoil-hat-wearing fintwit star, and the “irresponsible expansion of the Fed’s balance sheet over the past two decades” has created the “largest stock market bubble history has ever …

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]]><![CDATA[WATCH YOUR BIDS (s2026 e14)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e14https://posts.themacrotourist.com/p/watch-your-bids-s2026-e14Mon, 25 May 2026 13:05:03 GMT

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]]><![CDATA[WATCH YOUR BIDS (s2026 e13)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e13https://posts.themacrotourist.com/p/watch-your-bids-s2026-e13Mon, 18 May 2026 02:24:44 GMT

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]]><![CDATA[IS THE CAPEX BOOM SPREADING?]]>https://posts.themacrotourist.com/p/is-the-capex-boom-spreadinghttps://posts.themacrotourist.com/p/is-the-capex-boom-spreadingSun, 17 May 2026 21:15:38 GMT

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]]><![CDATA[THE LARGEST MID-CYCLE EARNINGS ACCELERATION ON RECORD]]>https://posts.themacrotourist.com/p/the-largest-mid-cycle-earnings-accelerationhttps://posts.themacrotourist.com/p/the-largest-mid-cycle-earnings-accelerationThu, 14 May 2026 04:07:46 GMT

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]]><![CDATA[WATCH YOUR BIDS (s2026 e12)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e12https://posts.themacrotourist.com/p/watch-your-bids-s2026-e12Mon, 04 May 2026 00:36:22 GMT

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]]><![CDATA[WHY DID THE FRONT-END GET HAMMERED SO BADLY?]]>https://posts.themacrotourist.com/p/why-did-the-front-end-get-hammeredhttps://posts.themacrotourist.com/p/why-did-the-front-end-get-hammeredMon, 27 Apr 2026 00:45:00 GMT

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]]><![CDATA[PAUL KRAKE'S VIEW FROM THE PEAK]]>https://posts.themacrotourist.com/p/paul-krakes-view-from-the-peakhttps://posts.themacrotourist.com/p/paul-krakes-view-from-the-peakSat, 25 Apr 2026 19:39:44 GMT

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]]><![CDATA[WATCH YOUR BIDS (s2026 e11)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e11https://posts.themacrotourist.com/p/watch-your-bids-s2026-e11Sat, 25 Apr 2026 18:05:57 GMT

This week’s included clips

For those who are interested in the specific clips that I have highlighted in the attached podcast, please find them below. Don’t forget that they are all included (along with my commentary) in the actual podcast.

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]]><![CDATA[178k JOBS? NOT SO FAST]]>https://posts.themacrotourist.com/p/178k-jobs-not-so-fasthttps://posts.themacrotourist.com/p/178k-jobs-not-so-fastThu, 23 Apr 2026 00:17:27 GMT

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]]><![CDATA[OUTLINING THE BULL AND BEAR ARGUMENTS]]>https://posts.themacrotourist.com/p/outlining-the-bull-and-bear-argumentshttps://posts.themacrotourist.com/p/outlining-the-bull-and-bear-argumentsSun, 19 Apr 2026 23:55:26 GMT

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]]><![CDATA[MAKING SENSE OF THE LAST TWO MONTHS]]>https://posts.themacrotourist.com/p/making-sense-of-the-last-two-monthshttps://posts.themacrotourist.com/p/making-sense-of-the-last-two-monthsSun, 19 Apr 2026 20:49:13 GMT

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]]><![CDATA[INFLATION BREAKEVENS HAVE NOT COLLAPSED!]]>https://posts.themacrotourist.com/p/inflation-breakevens-have-not-collapsedhttps://posts.themacrotourist.com/p/inflation-breakevens-have-not-collapsedThu, 16 Apr 2026 02:09:31 GMT

Folks, I have seen a few bad takes out there when it comes to inflation breakevens, so I have written this post to help clear up what’s really happening in inflation markets.

Some market pundits have credited a portion of the stock market's recent rally to the “collapse in the 12-month inflation outlook.”

This tweet is a good example of a research house’…

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]]><![CDATA[WATCH YOUR BIDS (s2026 e10)]]>https://posts.themacrotourist.com/p/watch-your-bids-s2026-e10https://posts.themacrotourist.com/p/watch-your-bids-s2026-e10Sun, 12 Apr 2026 14:18:57 GMT

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