About this podcast
Weekly charts and commentaries on the global economy.
Episodes
The newest 20 of 169 episodes
- Resilience on Narrow Foundations · 15 min · Episode 168Four central banks decide policy this week, with an awkward message from the data: growth is holding up, but the sources of resilience are narrowing. In this week’s charts:→…
- Growth on Borrowed Strength · 15 min · Episode 167The world economy has taken war, political uncertainty and expensive money in its stride. But resilience is not strength. Growth now leans on a narrow investment boom whose…
- The Narrow Boom · 15 min · Episode 166Markets spent the past week doubting the proposition that has carried them all year. Technology stocks fell, bonds caught a defensive bid — none of it about the macro data, which…
- The Political Premium · 15 min · Episode 165US equities pushed to fresh highs again this week, the dollar is firmer than it was a month ago and gold sits some way below its late-August peak. Capital is being pulled towards…
- A Benign Phase · 16 min · Episode 164Bond markets are pricing a tightening cycle. Equity markets are arguably pricing a productivity boom. Both can't be right for long. This week's Charts of the Week looks at why…
- Narrow Shoulders · 16 min · Episode 163The world economy has absorbed six months of disrupted energy supply with far less damage than it could have. The reasons why are arguably narrower than they look. In our charts…
- The Price of Money · 15 min · Episode 162Energy and the cost of money set the tone this week. Crude held above $100, the ten-year Treasury yield pushed through 5 per cent, and the Federal Reserve raised rates for the…
- The Reflationary Turn · 10 min · Episode 161The global economy is tilting back towards reflation: growth is firming while inflation proves stubborn, just as a cluster of central banks prepare to meet. This week in six…
- The Turn Towards Tightening · 14 min · Episode 160Central banks set the tone this week. After Warsh's first Jackson Hole address, and with the ECB expected to move again, the monetary tide is turning towards tightening — even as…
- Resilient growth, restless yields · 11 min · Episode 159The real economy has refused to buckle. Through a year of tariffs, conflict and tighter money, global growth has held up — and firmer growth has sat naturally alongside higher…
- The Cost of Capital Climbs · 21 min · Episode 158In this week’s podcast, Andy talks with Sharmila Whelan from Westbourne Research. Long-term interest rates are back near two-decade highs. The short end has eased as soft US data…
- AI for Macro: Context is Everything · 14 min · Episode 157In this episode, Andy Cates is joined by Daniel Jerrett, PhD — founder of SmartMacro Labs and Haver's official training partner — to get past the noise around AI and ask what the…
- A Resilient World Economy, and its Price · 13 min · Episode 156The global economy has held up better than a noisy summer might suggest, with tensions in the Middle East, intervention to steady the yen, and nerves over AI spending all…
- The Price of an Investment Boom · 12 min · Episode 155The Federal Reserve held rates again this week, but the more consequential story is the investment cycle now lifting the real cost of capital — and whether all that spending will…
- Freight: The Signal Markets Miss · 9 min · Episode 154Freight markets can offer a timely window into global trade, demand and economic activity—but their signals are often overlooked. Nadia Mirza of the Baltic Exchange joins Haver…
- Growth Holds Firm · 12 min · Episode 153Global growth continues to hold up well, but this week's data flag a few fresh risks on the inflation and geopolitical front. In our charts this week: Global equity markets…
- Forecasters Hold Firm · 15 min · Episode 152Oil prices are lower, the US-Iran memorandum is holding, and this week's euro area flash CPI came in below expectations. The near-term inflation picture is improving. But…
- Calmer Waters, New Currents · 10 min · Episode 151Oil is lower, Hormuz traffic is recovering, and the geopolitical risk premium embedded in energy markets since March is unwinding. But calmer waters shouldn't be confused with…
- Between Relief and Reality · 7 min · Episode 150The US-Iran MoU has delivered a genuine moment of geopolitical relief — oil lower, yields down, risk assets recovering. But relief is not the same as resolution. Beneath the…
- Inflation at the Crossroads · 12 min · Episode 149The global macro backdrop has grown more unsettled. A stronger-than-expected US jobs report has pushed back Fed easing expectations, a tech sell-off has rattled sentiment, and…
