Deep Dive · Macro · US · 30 Sept 2026
The McKinsey Global Institute estimates the country could add more jobs than automation removes. About 11 million workers would have to change occupations to fill them, and only one in seven has a direct route.
News · Macro · US · 22 Sept 2026
Nine months ago the site at Eastern Creek, a stretch of light-industrial land on Sydney's western fringe, was mostly empty. Brisbane-headquartered NextDC, Australia’s largest listed developer and operator of such…
News · Macro · Japan · 20 Sept 2026
Higher Japanese bond yields let the country's pension funds and insurers earn what they need with less overseas duration. This comes as Japan's Treasury holdings fall every month since April.
News · Macro · India · 14 Sept 2026
India's statistical overhaul cut ₹43.9 lakh crore, about $464 billion, from the country's measured economy. None of it was lost production. Why it vanished is also why this quarter's 7.8 percent growth rate cannot be checked from the outside.
Deep Dive · Macro · India · 12 Sept 2026
The 7.8 percent print survives arithmetic reconstruction. What it rests on is a set of price assumptions that published data cannot verify.
News · Macro · India · 5 Sept 2026
Officials say India's economy grew 7.8 percent last quarter. A former finance secretary says the real figure is 2.6. Between those two numbers sits a change to India's statistical methods that nobody outside the government has yet been allowed to check.
Deep Dive · Macro · US · 30 Jul 2026
A 9–3 hold, three hawkish dissents, and the return of price discovery to the bond market
Deep Dive · Macro · China, Japan · 27 Jul 2026
A structural shift in the geography of low-cost financing is underway across trade finance, bond markets and official liquidity channels, though not yet in headline policy rates.
News · Macro · Japan, China · 27 Jul 2026
Japan's path to normalization has given way to a new source of cheap funding to not just the region, but to the wider world as China's two-pronged strategy to stoke its economy and negate the effects of U.S. tariffs keeps rates low.
News · Macro · India · 19 Jul 2026
A Reserve Bank of India program built to draw dollars from wealthy Indians abroad is losing momentum, undercut by the same overseas funding costs it was designed around
Deep Dive · Macro · Japan · 6 Jul 2026
USD/JPY is trading near four-decade lows even after the Bank of Japan ended yield curve control and raised rates three times. A comprehensive look at forty years of yen intervention, what the tool can and cannot do from here, and the policy mix that gives Tokyo the best odds.
Deep Dive · Macro · Global · 16 Jun 2026
Kevin Warsh's case for lower rates rests on a productivity story that hasn't materialized — and new evidence suggests the AI buildout is already pushing prices higher.
News · Macro · Japan, US · 10 Jun 2026
When the Bank of Japan's policy board sits down next Monday, it will be deciding whether to raise its benchmark rate by a quarter point, to 1.00%. That sounds modest. Its impact isn't.
News · Macro · US · 3 Jun 2026
The new Fed Chair's Shift to Trimmed-Mean PCE Could Reshape Monetary Policy, But Markets Are Already Skeptical
News · Macro · US · 3 Jun 2026
How the Fed's switch to trimmed-mean PCE could reshape monetary policy, and where it breaks down.
