Macro Explainers

What a central bank is for, how money gets created in the first place, and what actually moves through the economy when a policy rate changes. The mechanism behind every Fed headline you read.

How prices are measured, which number the market actually trades, and what the growth and employment data say about where the cycle is. The largest topic on the site.

What sets an exchange rate, why the dollar sits at the center of everything, and how capital moves across borders. Read this before you form a view on de-dollarization.

How bonds, banks, and credit actually fit together, and where the stress shows up first when something breaks. The plumbing behind every market you read about.

Oil, gas, and gold: how they are priced, who sets the supply, and the route an energy shock takes before it lands in the inflation data. The smallest topic here, and the one most tied to geopolitics.

Government spending, debt, tariffs, and sanctions: the policy decisions that arrive as a market event. Where economics stops being technical and starts being political.