Macro View

Global Supply Chains Enter a New Phase of Persistent Friction

Global supply chains are once again becoming a central macroeconomic concern.

Economic Policy Uncertainty Reaches Levels Reminiscent of Past Global Crises

Global economic policy uncertainty has risen sharply over the past year, reaching levels that increasingly resemble periods associated with major systemic shocks such as the 2008 Global Financial Crisis and the COVID-19 pandemic.

The Structural Decline of U.S. Dollar Purchasing Power Since the Nixon Shock

The long-term erosion of the U.S. dollar’s purchasing power represents one of the most important macroeconomic developments of the modern financial era.

Who Is Paying the Tariff?

The cleanest answer is also the least politically convenient one: American consumers and firms are paying most of it.

The $80 Billion Tournament: How the 2026 FIFA World Cup Becomes a US Economic Engine

The 2026 FIFA World Cup is not just expanding the game to 48 teams and 104 matches.

The Dollar’s Softer Era Is Rewriting the Rules for Emerging Markets

The global monetary system is entering a more fluid phase.

Human Capital to Financial Capital

Education, Earnings Dynamics, and the Economics of Wealth Formation

Jobless Claims Rise to 219,000—Still Below Long-Term Averages

U.S. initial jobless claims increased to 219,000 in the week ending April 4, up from 203,000 the prior week, marking a 7.9% week-over-week rise.

Global Interest Rate Divergence and the Repricing of Sovereign Risk

Energy Shock, Central Banks and the New Macro Regime

The conflict in the Middle East has introduced a fresh negative supply shock into an already unsettled global economy.

China’s Oil Gravity: Demand Dominance, Supply Diversification, and Geopolitical Fault Lines

Demand Power Meets Supply Strategy — China Reshapes the Global Oil Map

Oil’s Return to $100: The Capital Cycle Behind the Energy Market

Oil markets are once again approaching the psychologically important $100 per barrel level.