Macro Observations
Macro Observations
Macro Observations
Weekend reading: 3 from the archive worth your time
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
The Curve Just Un-Inverted. History Says That's When Things Break.
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
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
A 30% off annual code, this weekend only
Macro Observations
A note for readers near the 90-day mark
Macro Observations
Free read: A Market Divided
Macro Observations
The Reverse Carry Trade: The Yen Apocalypse (A Comic)
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
Macro Observations
A 30% off annual code, this weekend only
Macro Observations
Why I'm pushing the annual plan tonight
Quick note - and the only one I'll send like this. The Lead-Lag Report has two paid options: Monthly: $39/month - which is $468/year if you stay on it. Annual: $320/year - a flat $148 less than the monthly plan annualized. If you've been reading
Macro Observations
Last call -- and the math on going annual
This is the last email in this sequence, so I’ll be straightforward. You’ve been reading the free version of this newsletter, which means you understand the intermarket framework, you follow the macro narrative, and you’ve seen enough to know the analysis is serious. If it weren’t,
Macro Observations
Mid-week signals check: Gold backs off the Risk-Off flip
The Lumber/Gold signal that flipped on Monday is already getting tested. Here is what changed.