On July 8th, markets digested a confluence of signals pointing to a weakening global growth narrative. U.S. Treasury yields dropped sharply, led by the front end, as soft labor data and dovish Fed commentary fueled bets on earlier rate cuts. German industrial production and Chinese credit data reinforced slowdown fears abroad, while crude oil’s rally cooled on rising inventories and demand concerns. In this episode of The Daily Macro, we unpack the latest geopolitical tensions, policy shifts, and market moves to reveal the underlying forces driving investor positioning. Stay ahead of the curve with this concise, high-signal breakdown of global macro crosscurrents.

Markets dropped, inflation fears surged, and the global macro landscape shifted under the weight of new U.S. tariff threats and geopolitical flare-ups. In this episode of The Daily Macro, we unpack the sell-off in equities, dissect the latest jobs and ISM data, and explore why headline strength may be masking economic fragility. From central bank strategies and BRICS’ climate agenda to China’s gold stockpile and the Fed’s higher-for-longer stance, we break down what matters for your portfolio—and what’s coming next.

In this July 7 episode of The Daily Macro, we unpack a high-stakes weekend of economic signals and policy maneuvers. U.S. equities soared to new record highs on the back of a blockbuster jobs report—yet a storm brews beneath the surface. We explore why Moody’s downgraded U.S. sovereign debt, how Trump’s sweeping tax-and-spending package could add $3.3T to the deficit, and what the dollar’s historic 10% H1 drop means for investors. Meanwhile, OPEC+ accelerates oil output, Vietnam faces new U.S. tariffs, and Powell stresses Fed independence under political pressure. With markets torn between a soft landing and structural instability, we break down the implications for yields, commodities, currencies, and global positioning. Tune in for sharp, actionable insight on the macro crosswinds shaping the week ahead.

Private payrolls fell 33 k in June, the first drop in two years, jolting Fed-cut odds but leaving Treasury yields slightly higher on fiscal-debt worries. Equity bulls ignored the soft data: a U.S.–Vietnam tariff compromise propelled Nike and peers, pushing the S&P 500 (+0.47 %) and Nasdaq (+0.94 %) to fresh records while the Dow lagged. Today’s episode dissects the ADP shock, shifting rate expectations, cross-asset moves, and the policy twin risks of Trump’s $3.4 tn tax-and-spend bill and the July 9 tariff deadline. We close with what to watch as markets shut early at 1 p.m. ET and the June NFP lands a day early on Thursday.

Markets shifted decisively on July 1 as dovish Fed signals clashed with surprisingly strong labor data. In this episode, we dissect Powell’s latest comments, the JOLTS surprise, and key inflection points in rates, equities, and FX. We also break down Trump’s advancing tax bill, renewed tariff brinkmanship, and oil’s reaction to OPEC+ and China PMI data. Get a crisp read on ETF flows, rate expectations, cross-asset dispersion, and tactical positioning—plus what to watch ahead of Thursday’s early NFP release. Actionable intelligence, zero noise.