Macroeconomics for Investors

The big-picture forces that set the weather for every market.

• Why Macro Matters to Your PortfolioEven a great stock fights the tide of the economy. How the big picture sets the odds.6 min
• GDP & Economic GrowthWhat GDP measures, what it misses, and how growth expectations feed into prices.7 min
• The Business CycleExpansion, peak, slowdown, recovery — and which assets tend to lead at each turn.7 min
• Leading vs Lagging IndicatorsWhich data points hint at the future and which only confirm the past. Where to look first.6 min
• Government Spending & Fiscal PolicyHow budgets, deficits and government spending ripple into markets and sectors.7 min