My Economic Philosophy: Free Video
Several months ago, I conducted an experiment using the Deep Research function in Gemini, Google’s AI model. I gave it just…
What If Anthropic’s IPO Fails?
Could the failure of one IPO trigger a stock market crash and a severe recession? Anthropic, one of the world’s…
Three remarkable developments over the weekend illustrate the opportunities and vulnerabilities confronting the global economy.
First, SpaceX achieved a historic technological breakthrough. Its Starship spacecraft completed 14 orbits around Earth, returned after more than 22 hours in space, and was successfully caught by mechanical arms at its launch tower in Texas. This represents an important step toward making orbital spaceflight fully reusable.
Second, the US aviation system suffered a massive breakdown. A communications failure apparently associated with equipment installed by defense contractor L3Harris led to a nationwide grounding of flights. Tens of thousands of flights have been canceled or delayed since Friday, exposing serious weaknesses in America's aging infrastructure.
America’s $10 Trillion AI Bet
America is embarking on what could become the largest investment boom in history. And the stakes could hardly be higher.…
Interview: From Creditism to Cognitism — The Next Economic Revolution
I recently joined Lane Kawaoka on The Wealth Elevator Podcast to discuss how our economic system has evolved since the…
Other Recent Blog Posts
The Road to 7% Yields and a Stock Market Crash
The yield on the 10-year US government bond surged above 5.2% last week, reaching its highest level since 2007. That move has major implications for
The Fed Had To Raise Rates To Stop Rates From Rising
The Federal Reserve raised interest rates this week. At first glance, the reason seems obvious: inflation is too high. But I believe something much more
Interview: The New Economic Era
I recently joined Keith Weinhold on the Get Rich Education podcast to discuss some of the biggest forces reshaping the global economy today. We talked about the
Japan’s Monetary Reversal Could Wipe Out Trillions
For more than 25 years, the Bank of Japan conducted the most radical monetary experiment the world had ever seen. Now, the BOJ is reversing
Japan Could Shake Global Markets Again
Is the Yen Carry Trade About to Unwind? During the first days of August 2024, the yen appreciated by approximately 13%. That helped trigger an
Free Video: The Defense Industry Is Being Reinvented
I have just published a new seven-minute video, The Defense Industry Is Being Reinvented. It is free for everyone to watch, and I highly recommend it.
FREE VIDEO: Deficits, Bubbles, China, Defense, And AI — A Framework for Understanding the World Today
This Macro Watch video is free for everyone to watch. You do not need to be a Macro Watch subscriber. Over the last several months,
The AI Arms Race Has Begun
Artificial intelligence is rapidly becoming the most important military technology of our age. The country that masters AI first will dominate the rest of this
The Silicon Valley Challengers
The US defense industry is being transformed. For decades, the Pentagon relied mainly on a small group of large defense contractors to build America’s most
The Titans of Traditional Defense
America is entering a new era of rearmament. President Trump has called for $1.5 trillion of defense spending in fiscal year 2027, a dramatic increase
