Summaries
- 31 August 2026Today's macro story, according to the published research consensus: the Fed's Jackson Hole pivot has jolted global rate expectations, and a fresh Middle East energy shock is stacking on top of it.
- 30 August 2026Hawkish Jackson Hole rewrites the rate path — and a North American trade war escalates.
- 28 August 2026Markets are recalibrating after a hawkish signal from Fed Chair Kevin Warsh at Jackson Hole — and published research is broadly reading it the same way.
- 27 August 2026Long-end US yields are the story this week, and published research is split on whether policymakers can contain the pressure.
- 26 August 2026Two storylines are dominating macro discussions right now: where major central banks go next on rates, and whether US fiscal math can coexist with the bond market's demand for higher long-end yields.
- 25 August 2026Today's macro conversation centers on two intertwined stories: strains in the US Treasury market and a widening trade and sanctions offensive.
- 24 August 2026Three macro stories are dominating published research this week: a surge in long-end bond yields, Jackson Hole, and rising US geopolitical pressure on Iran.
- 23 August 2026The week's dominant theme: the US Treasury, not the Fed, has become the main actor shaping the yield curve — and markets are pushing back.
- 21 August 2026The dominant macro story right now is the collision between US fiscal strain and rising yields, with a Middle East energy shock layered on top.
- 20 August 2026Two stories are dominating macro research desks right now: the US Treasury's surprise decision to double long-end bond buybacks, and escalating US-Iran tensions pushing oil higher.
- 19 August 2026Three forces are dominating macro commentary right now, according to this week's published research.
- 18 August 2026Three forces dominated macro research today: a sharp climb in long-dated US Treasury yields, escalating Middle East risk pushing oil above $90, and the AI capex boom reshaping inflation and capital flows.
- 17 August 2026Three themes are dominating macro research desks this week: cooling US data pushing back Fed hike expectations, Middle East tensions squeezing energy markets, and a global drift toward tighter policy led by Japan.
- 14 August 2026Today's dominant macro story: published research broadly agrees the Fed's next move is a hold, even as long-end Treasury yields keep pushing higher for structural reasons.
- 13 August 2026Three forces are dominating macro research desks right now: US inflation and the Fed's next move, the AI investment supercycle, and Middle East oil supply risk.
- 12 August 2026Three macro stories dominated published research today: the July CPI print, Middle East oil risk, and cracks in US fiscal credibility.
- 11 August 2026Middle East supply shocks, the July US CPI print, and the AI capex boom are dominating the macro conversation this week.
- 10 August 2026Three forces are dominating macro research desks this week: a shockingly weak US July jobs report, an escalating Strait of Hormuz crisis, and questions over the AI spending boom.
- 7 August 2026Two forces are driving macro commentary right now: where the Fed goes after a weak July jobs print, and the geopolitical risk premium building in oil from Strait of Hormuz tensions.
- 6 August 2026Two macro stories are dominating research desks this week: the sustainability of US AI spending, and shipping risk around the Strait of Hormuz.
- 5 August 2026Two macro stories dominate the tape: a possible US–Iran Strait of Hormuz de-escalation, and a growing debate over the Warsh Fed's communication style.
- 4 August 2026Two macro stories are dominating published research this week: coordinated yen intervention and the US-Iran standoff over the Strait of Hormuz.
- 3 August 2026Three stories dominated macro research this week.
- 31 July 2026Three central bank stories dominated published research this week, all against a backdrop of sticky US inflation and slowing growth.
- 30 July 2026Today's dominant macro story, according to published research this week: the Fed held rates at 3.50–3.75% in a 9-3 vote, and markets are struggling with Chair Warsh's decision to abandon forward guidance just as a…
- 29 July 2026The Fed's hawkish hold is dominating macro conversations, and published research is split on what it means.
- 28 July 2026Two macro debates are dominating published research this week: what the Fed does at its July 2026 meeting under Chair Warsh's guidance-free approach, and whether the AI capex boom can keep justifying itself.
- 27 July 2026Two forces are steering markets this week: a fragile US-Iran de-escalation and a cluster of major central bank decisions landing against that volatile energy backdrop.
- 24 July 2026Two forces are driving markets right now: a Middle East energy shock and a sharp repricing of global rate-hike expectations.
- 23 July 2026Two themes dominate this week's published macro research: Middle East oil shocks feeding global inflation, and the AI capex surge reshaping tech cash flows.