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All Episodes

Macro Horizons — 520 episodes

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Title
1

Hello Kevin, Our Old Friend

2

A Season for Everything

3

Evolution of Employment

4

Simmering Summer

5

Ides of May

6

Core Concentration

7

Reenvisioning the Range

8

Stability Despite Uncertainty

9

April in Angst

10

Par for the Course

11

Second Quarter Quagmire

12

Broadening Bearish Uncertainty

13

Hello, Spring

14

The Macro Ides of March

15

Fumbling Toward Winter's Finish Line

16

Madness of March

17

It's Not a Leap

18

My Punny Valentine

19

Dense With Suspense

20

Powell, Then Phil

21

Patience at the Fed

E
22

January Drift

23

HNY

24

Dear 2025, Thanks For the Memories

25

A BLS Revival

26

Solace in Solstice

27

Giving Thanks

28

Et Tu, Santa Pause?

29

The Grand Reopening

30

The Supremes

31

Falling Back

32

Best of 1993

33

Inflation Friday

34

Angles of October

35

Shutdown and Out

36

Let's See, ADP

37

Deflating the Doves

38

The Dueling Dual

39

Navigating Normal

40

Falling Into Autumn

41

Exiting August

42

Penance of Patience

43

Sights on September

44

The Bond Stands Alone

45

The Day the Treasury Thrived

46

Picking on Powell

47

Mid-Summer, Mid-Range

48

The Big Vote

49

The Download

50

Solstice Like It's Summer

51

Rising Mercury, Falling Yields

52

CPI vs Supply

53

Judging Trump

54

Raising the Rates

55

What Recession?

56

Art or the Deal?

57

Power of the Pause

58

Countdown is on!

59

May Day or Mayday?

60

Calm Between Storms

61

Resetting the Clock

62

Fools of April

63

Transitory... Really?

64

Powell's Pronounced Patience

65

Overemployed

66

Entering March... And Madness

67

Dodgin' the DOGE

68

Short Week, Long Bonds

69

Super Bowl or Super Core?

70

Seasons Change

71

One Down, 207 to Go

72

Trump's Reentry

73

New Year, Same Podcast

74

Soaring with the Hawks

75

Plotting the Dots

76

Inflation's Vote

77

Debating December

78

Finding Balance

79

Marking Milestones

80

Dear Santa Pause...

81

Wake Bonds Up, When November Ends

82

Navigating November

83

Approaching 300

84

This Is Strategy

85

Surprises of October

86

Before Q4

87

The Journey to Neutral

88

Finding Normal

89

A Positive Outlook

90

Labor Day Blues

91

Much Needed Break

92

No Wrong Side of 50

93

Angsty August

94

Sahm's Gauntlet

95

The Final Countdown

96

Practicing Patience

97

Doneflation

98

Vote Monday, Vote BMO

99

Independent Logic

100

A Season for Consolidation

101

Doubting the Dots

102

Roaring Committy

103

On Tee for N.F.P.

104

Sliding Into Summer

105

Rebooting the Rally

106

CPI, or CP-Why?

107

Fun back in Refunding

108

Mayday! Mayday!

109

38 Days Later

110

Paying for Lower Yields

111

Don't Look Now

112

Dancing in the Range

113

Easy Doves It

114

The Madness of March

115

CP-Ides of March

116

Marching On

117

A Rally, Deferred

118

Divergence Emergence

119

Inflated Expectations

120

Early Spring?

121

The 366th Day

122

January Drift

123

Government Bond Work

124

Stormy January

125

Out Like a Bull

126

Perils of Proactive

127

The One Where They Talk About the Outlook

128

Long Winter, No Nap

129

For the Birds

130

Breaking the Wishbone

131

Falling Back

132

Terminal is Nigh

133

Janet vs. Jay

134

5-Handle 10s

135

Anxious in Autumn

136

Approaching Handle Change

137

Fourth Quarter Kickoff

138

Dot Plot Twist

139

Dotting the 'I's and Eyeing the Dots

140

Wasting Away in Consolidationville

141

Preparing for the Fall

142

Summer's Last Stand

143

Waiting For Wyoming

144

Deflate and Recalibrate

145

Cooling, Not Cold

146

Identified Flying Objects

147

Midsummer's Hike

148

Better Lagged Than Never

149

Price of Summer

150

Watching the Fireworks

151

The Anti-Doldrums - The Week Ahead

152

Doubting the Dots - The Week Ahead

153

Where There's Smoke - The Week Ahead

154

Skipping Into Summer - The Week Ahead

155

What's Powell Got To Do With It? - The Week Ahead

156

Delay of Steepening - The Week Ahead

157

Ex-Shelter from the Storm - The Week Ahead

158

Supplying Volatility - The Week Ahead

159

May Day! May Day! - The Week Ahead

160

Raise the Ceiling or Hit the Roof - The Week Ahead

161

Skewed Steeper - The Week Ahead

162

Measuring March - The Week Ahead

163

Cue for Q2 - The Week Ahead

164

Bank On It - The Week Ahead

165

Jay's Dilemma - The Week Ahead

166

Quarter End? - The Week Ahead

167

Four Percent Down - The Week Ahead

168

Farewell, February - The Week Ahead

169

Identified Inverted Objects - The Week Ahead

170

Inflation Infatuation - The Week Ahead

171

Jobs Juggernaut - The Week Ahead

172

Reactions to the February FOMC - High Quality Credit Spreads

173

Landing Soon - The Week Ahead

174

Momentum versus Value - High Quality Credit Spreads

175

Bid Still Standing - The Week Ahead

176

Pricing Perfection - High Quality Credit Spreads

177

Downshift to Terminal - The Week Ahead

178

Terminal Approaching - Monthly Roundtable

179

All Eyes on CPI - The Week Ahead

180

Holiday Special - The Week Ahead

181

Long Run, All Terminal - The Week Ahead

182

2023 Outlook - High Quality Credit Spreads

183

Yuletide Bonds - The Week Ahead

184

2023 Outlook - Monthly Roundtable

185

Odd Odds - The Week Ahead

186

The Home Stretch - High Quality Credit Spreads

187

Talking Turkey - The Week Ahead

188

Giving Thanks, Taking Stock - The Week Ahead

189

Don’t Lose Sight of the Forest - High Quality Credit Spreads

190

Red Dot State of Mind - The Week Ahead

191

Falling Back - The Week Ahead

192

Reactions to the November FOMC - High Quality Credit Spreads

193

Terminal Volatility - Monthly Roundtable

194

All Powell's Eve - The Week Ahead

195

Happy Holidays Ahead? - High Quality Credit Spreads

196

Silence of the Hawks - The Week Ahead

197

Pondering the Peak - High Quality Credit Spreads

198

Shelter Caused the Storm - The Week Ahead

199

Pivot Postponed - The Week Ahead

200

Pondering a Pivot - Monthly Roundtable

201

October of Discontent - The Week Ahead

202

Into the Frying Pan… - High Quality Credit Spreads

203

Fall Hawk Watching - The Week Ahead

204

Reactions to the September FOMC - High Quality Credit Spreads

205

Seeing Dots - The Week Ahead

206

An Uneasy Calm - High Quality Credit Spreads

207

Inflation Basket Case - The Week Ahead

208

Cycle of Crisis - Monthly Roundtable

209

A September To Remember - The Week Ahead

210

Countdown to Kickoff - High Quality Credit Spreads

211

Summer Swan Song - The Week Ahead

212

Looking West - High Quality Credit Spreads

213

Sure, At Some Point - The Week Ahead

214

Summit, Descent - The Week Ahead

215

Inflating Expectations - High Quality Credit Spreads

216

Peak of Summer - The Week Ahead

217

Holding onto Hikes - Monthly Roundtable

218

N.B.E.R.: The National Bureau of Evading Recessions - The Week Ahead

219

Reactions to the July 2022 FOMC - High Quality Credit Spreads

220

Summer Hike Wave - The Week Ahead

221

Under the Hood - High Quality Credit Spreads

222

Reassessing Recession - The Week Ahead

223

Won’t Back Down - Monthly Roundtable

224

Inflation Conflation - The Week Ahead

225

Night is Darkest…? - Hiqh Quality Credit Spreads

226

Sizing Up the Downside - The Week Ahead

227

Running of the Bears - The Week Ahead

228

Defensiveness at a Discount - High Quality Credit Spreads

229

Fed-Tastic - The Week Ahead

230

Reactions to the June 2022 FOMC - High Quality Credit Spreads

231

Powell's Propensity - The Week Ahead

232

Inflation Fixation - Monthly Roundtable

233

Half Point Habituation - The Week Ahead

234

Summer Jobs - The Week Ahead

235

Tightening Tensions - The Week Ahead

236

Risk of Risk-Off - The Week Ahead

237

Rough Road for Rates - The Week Ahead

238

GRAMC Presentation - Monthly Roundtable

239

That 70s FOMO - The Week Ahead

240

Making the Case: April 2022 - High Quality Credit Spreads

241

Inversion Springs Eternal - The Week Ahead

242

New Normalization - High Quality Credit Spreads

243

The Core Issue - The Week Ahead

244

The Waiting Game - High Quality Credit Spreads

245

Inflate, Hike, Repeat - The Week Ahead

246

Why So Negative? - Monthly Roundtable

247

Second Quarter Conundrum - The Week Ahead

248

Closing Out the First Quarter - The Week Ahead

249

Spring Breakout? - The Week Ahead

250

Reactions to the March 2022 FOMC - High Quality Credit Spreads

251

Liftoff Imminent - The Week Ahead

252

Funding Fracas - High Quality Credit Spreads

253

Bonds in the Time of War - The Week Ahead

254

Trading Through Heightened Geopolitical Risks - Monthly Roundtable

255

Geopolitical Containment - The Week Ahead

256

Are We There Yet? - High Quality Credit Spreads

257

Flight of the Hawks - The Week Ahead

258

All About QT - High Quality Credit Spreads

259

Don't Jimmy Me, Jimmy - The Week Ahead

260

Snow Drift - High Quality Credit Spreads

261

Forecasting Error - The Week Ahead

262

The Great U-Turn - Monthly Roundtable

263

All Fed, No Fade - The Week Ahead

264

Reactions to the January 2022 FOMC - High Quality Credit Spreads

265

Trading By Committee - The Week Ahead

266

Time's Up? - High Quality Credit Spreads

267

New Year, New Fed - The Week Ahead

268

Timing is Everything - High Quality Credit Spreads

269

Polar Bear - The Week Ahead

270

Delay Replay - Monthly Roundtable

271

2022 and Beyond - The Week Ahead

272

Low Light, Low Liquidity - The Week Ahead

273

Reactions to the December 2021 FOMC - High Quality Credit Spreads

274

Just Like 10-Year Yields - The Week Ahead

275

2022 Outlook: New Year, Another New Normal? - Monthly Roundtable

276

Accelerate Debate - The Week Ahead

277

Variant Volatility - High Quality Credit Spreads

278

Thanksgiving Special - The Week Ahead

279

Holiday Sales - High Quality Credit Spreads

280

Treasuries and Tryptophan - The Week Ahead

281

Focused on Flattening - The Week Ahead

282

Pull Up a Chair - High Quality Credit Spreads

283

Short Week, Good Week - The Week Ahead

284

Hut Hut Hike - Monthly Roundtable

285

A Squared Dozen - The Week Ahead

286

The Only Game in Town - High Quality Credit Spreads

287

Squid Bonds - The Week Ahead

288

SOFR Swoon - High Quality Credit Spreads

289

Ranging Bull - The Week Ahead

290

New Year, New Range? - High Quality Credit Spreads

291

Q-Fouria - The Week Ahead

292

Jay Powell and the Inflation Jitters - Monthly Roundtable

293

End of the Quarter As We Know It - The Week Ahead

294

Making the Case: Q4 2021

295

Doveless in Washington - The Week Ahead

296

Reactions to the September 2021 FOMC - High Quality Credit Spreads

297

Fall's First Fed - The Week Ahead

298

As Good As It Gets? - High Quality Credit Spreads

299

The Fall Stumble - The Week Ahead

300

Between a Taper and a Hike Pace - Monthly Roundtable

301

Sirens of September - The Week Ahead

302

Sizing September Supply - High Quality Credit Spreads

303

Return to the Home Office - The Week Ahead

304

The Calm Before the Storm - High Quality Credit Spreads

305

Delta Doldrums - The Week Ahead

306

Seeing in 3-D - High Quality Credit Spreads

307

Out of Office Day - The Week Ahead

308

Great Jobs! - The Week Ahead

309

Uncharted Transitory - Monthly Roundtable

310

August Again - The Week Ahead

311

Checking the Taper - The Week Ahead

312

Is This It? - High Quality Credit Spreads

313

Into the Summer Dome - The Week Ahead

314

Para-Para-Paradigm - Monthly Roundtable

315

The Drive to 125 - The Week Ahead

316

Flight to Ambiguity - High Quality Credit Spreads

317

Dash to the Doldrums - The Week Ahead

318

Q3 Outlook - High Quality Credit Spreads

319

Halftime Show - The Week Ahead

320

Attitude Adjustments - High Quality Credit Spreads

321

Bullish Inflection - The Week Ahead

322

Reactions to the June FOMC - High Quality Credit Spreads

323

By Any Other Name - The Week Ahead

324

Tipping the Scales - High Quality Credit Spreads

325

Participation Trophy - The Week Ahead

326

The Cash Trap - Monthly Roundtable

327

A June to Remember - The Week Ahead

328

Out of the (Home) Office - The Week Ahead

329

Open to Interpretation - High Quality Credit Spreads

330

'Tis the Seasonals - The Week Ahead

331

Muddied Waters Run Deep - Monthly Roundtable

332

Mayday (!) - The Week Ahead

333

Talking About Talking About Tapering - High Quality Credit Spreads

334

Returning to Work - The Week Ahead

335

Reactions to the April FOMC - High Quality Credit Spreads

336

Rebound Referendum - The Week Ahead

337

Winds of Change - High Quality Credit Spreads

338

Spring Inflection - The Week Ahead

339

Q2 Spread Outlook - High Quality Credit Spreads

340

March's Mulligan - The Week Ahead

341

Hotel QE Forever - Monthly Roundtable

342

Green Shoots and April Showers - The Week Ahead

343

Making the Case: Q2 21 - High Quality Credit Spreads

344

#ShipStillStuck - The Week Ahead

345

SOFR: What’s Next? - High Quality Credit Spreads

346

The Other Side of 1.75% - The Week Ahead

347

Reactions to the March FOMC - High Quality Credit Spreads

348

A Quarter to Remember - The Week Ahead

349

Pain and SLR-ow - High Quality Credit Spreads

350

Same As it Never Was - The Week Ahead

351

Wake Me Up When September Comes - Monthly Roundtable

352

Bond Ides of March - The Week Ahead

353

Riding on Perseverance - The Week Ahead

354

My Punny Valentine - The Week Ahead

355

Technical Support - High Quality Credit Spreads

356

Ready for the Weeknd - The Week Ahead

357

Taking Issue(ance) - Monthly Roundtable

358

One Down, Eleven to Go - The Week Ahead

359

Reactions to the January FOMC - High Quality Credit Spreads

360

Recovery Reckoning - The Week Ahead

361

Back to the Grind - High Quality Credit Spreads

362

Peaked Early? - The Week Ahead

363

The Great Reflation Debate - Monthly Roundtable

364

New Year, New Problems - The Week Ahead

365

Riding the Blue Wave - High Quality Credit Spreads

366

Making the Turn - The Week Ahead

367

Who Would Have Thought? - The Week Ahead

368

Reactions to the December FOMC - High Quality Credit Spreads

369

One More to Go - The Week Ahead

370

2021 High Grade Credit Outlook - High Quality Credit Spreads

371

The Bad News Bid - The Week Ahead

372

2021 Outlook: Lower, Narrower, Safer - Monthly Roundtable

373

Pardon Us - The Week Ahead

374

The COVID That Stole Thanksgiving - The Week Ahead

375

Spread Immunity - High Quality Credit Spreads

376

Vague Clarity - The Week Ahead

377

What's Next - Monthly Roundtable

378

Count on it - The Week Ahead

379

Hindsight is 2020 - High Quality Credit Spreads

380

Spending Daylight - The Week Ahead

381

Trick or Treat - High Quality Credit Spreads

382

2020: A Record Year - The Week Ahead

383

Eyes of the Bond-holder - The Week Ahead

384

Running Bases - High Quality Credit Spreads

385

House of Bonds - The Week Ahead

386

2021 Pace Odyssey - Monthly Roundtable

387

Fourth Quarter Drive - The Week Ahead

388

Range-Bound No More - High Quality Credit Spreads

389

Running Out the Clock - The Week Ahead

390

Pondering the Presidency - High Quality Credit Spreads

391

Aye Aye - The Week Ahead

392

Reactions to the September FOMC - High Quality Credit Spreads

393

Powell Play - The Week Ahead

394

Making the Case - High Quality Credit Spreads

395

Autumn is Coming - The Week Ahead

396

Falling into Place: A Coronacession Election - Monthly Roundtable

397

Meet the New Fed - The Week Ahead

398

Technically Speaking - High Quality Credit Spreads

399

Jackson Hole-in-One - The Week Ahead

400

Night of the Living Debt - High Quality Credit Spreads

401

Autumn Angst - The Week Ahead

402

Cessation Plan - High Quality Credit Spreads

403

Blindside is 2020 - The Week Ahead

404

Big Dollar Big Troubles? - Monthly Roundtable

405

Cardboard Crowds - The Week Ahead

406

Reactions to the July FOMC Meeting - High Quality Credit Spreads

407

Summertime Drift - The Week Ahead

408

Risk/Reward Review - High Quality Credit Spreads

409

Sunshine and Trend Lines - The Week Ahead

410

It Was A Very Good Year - The Week Ahead

411

Time Keeps Slippin' into the Futures - Monthly Roundtable

412

Back to Work? - The Week Ahead

413

Wave Worries - The Week Ahead

414

Summertime Sadness - High Quality Credit Spreads

415

Bonds of Summer - The Week Ahead

416

The Elephant in the Market - High Quality Credit Spreads

417

Slipping Into Summer - The Week Ahead

418

Reflections from the Fed - High Quality Credit Spreads

419

What Recession? - The Week Ahead

420

Trillions is the New Billions - Monthly Roundtable

421

Math in This Job? - The Week Ahead

422

The Recovery Tripod - High Quality Spreads

423

Early Close from Home - The Week Ahead

424

Mnuchin: The Rapsical - The Week Ahead

425

Much Ado About Nothing - High Quality Spreads

426

Reopening and Rebuilding - The Week Ahead

427

If You Open It, Will They Come? - Monthly Roundtable

428

Mayday! - The Week Ahead

429

Spring Thaw - High Quality Spreads

430

Ready. Set. Reopen. - The Week Ahead

431

Can Libor Transition During a Pandemic? - High Quality Spreads

432

Extended Staycation - The Week Ahead

433

The Things That Matter - High Quality Spreads

434

Fauci’d - The Week Ahead

435

Quantifying the Quarantine - High Quality Spreads

436

Pandemic Fatigue - The Week Ahead

437

Socially Distant Market Strategy - Monthly Roundtable

438

It's Still Q1? - The Week Ahead

439

Are We There Yet? - The Week Ahead

440

Echoes of 1987 - The Week Ahead

441

Zero Funds Game - The Week Ahead

442

Your Move JP - The Week Ahead

443

Breaking Down the Breakout - Monthly Roundtable

444

Long Bondzilla - The Week Ahead

445

Mid-Winter's Meltdown - The Week Ahead

446

Dove Potion Number 9 - The Week Ahead

447

Game Day - The Week Ahead

448

Primary Night Live - Monthly Roundtable

449

In Like A Bear, Out Like A Bull - The Week Ahead

450

A Bird in the Hand - Monthly High Quality Spreads Roundtable

451

The Bond Shack - The Week Ahead

452

Welcome to 2020 - The Week Ahead

453

Thanks For the Memories - The Week Ahead

454

Fading the Phase - The Week Ahead

455

Trading 2020: Top Themes for the New Year - Monthly Roundtable

456

Powell to the People - The Week Ahead

457

"Four Day Weekend" - The Week Ahead

458

Deep Fried Turducken - The Week Ahead

459

And The Tweet Goes On - The Week Ahead

460

Trading Phases - The Week Ahead

461

The Danger Zone - UK Election Flash-Cast

462

Reassession Risk - The Week Ahead

463

Echoes of 2001 - Monthly High Quality Spreads Roundtable

464

Fed Up - The Week Ahead

465

SOFR at the Halfway Point - Monthly Roundtable

466

London Calling - The Week Ahead

467

Midcast Crisis - The Week Ahead

468

Manufacturing Matters - The Week Ahead

469

Trumperendum - The Week Ahead

470

Better Late Than Never - Monthly High Quality Spreads Roundtable

471

Falling into Uncertainties - The Week Ahead

472

Putting the Fun back in Funding – Flash-Cast

473

Santa Pause is Comin' to Town (Again) - The Week Ahead

474

The Quarter Ahead: Downside Debate – Monthly Roundtable

475

Paraskevidekatriaphobia - The Week Ahead

476

Wake Me Up When the Trade War Ends - The Week Ahead

477

Defense Wins Championships - Monthly High Quality Spreads Roundtable

478

Hanging Up the White Pants - The Week Ahead

479

A Credibility Threat - Monthly Roundtable

480

Bond... Long-Bond - The Week Ahead

481

Summer of Endless Dove - The Week Ahead

482

Chinese Devaluation: Why Put A Label On It? - Monthly Roundtable

483

The Don Days of Summer - The Week Ahead

484

And So It Begins - The Week Ahead

485

Fed vs Fundamentals - Monthly High Quality Spreads Roundtable

486

Talking Feds - The Week Ahead

487

What a Diff’rence a Jay Makes - The Week Ahead

488

Yield Cap Challenge - The Week Ahead

489

The Longest Three Days - The Week Ahead

490

Handling Zero - The Week Ahead

491

Powell’s Pending Plunge - Monthly Roundtable

492

In Powell We Trust - The Week Ahead

493

Well, it Was a Good Run - The Week Ahead

494

Trump's Chinese Chess Match - Monthly Roundtable

495

Another Week, Another Rally - The Week Ahead

496

Summer is Coming - The Week Ahead

497

Like Kanye Loves Kanye - The Week Ahead

498

The Battle for Basis Points - Monthly Roundtable

499

Steepening Base Camp - The Week Ahead

500

Seasonal Bull Run - The Week Ahead

501

Cycle: Endgame - The Week Ahead

502

What Happens in Q1 Stays in Q1 - The Week Ahead

503

Winter is Here - The Week Ahead

504

Operators are Standing By - The Week Ahead

505

Top Questions on Powell's Paradox - Monthly Roundtable

506

March 32nd and the Fish of April - The Week Ahead

507

Steeper Is Coming - The Week Ahead

508

Policy Limbo - The Week Ahead

509

The Un-Wealth Effect - The Week Ahead

510

The Great Brexit Delay - Monthly Roundtable

511

Middle(range)march - The Week Ahead

512

The Art of The Repeal - The Week Ahead

513

FOMC, Hold Please - The Week Ahead

514

Jerome and Richard's Excellent Adventure - The Week Ahead

515

Squaring the Circle - The Week Ahead

516

SOFR – So Far to Go - Monthly Roundtable

517

Powell’s Pause-ability - The Week Ahead

518

45 Going On 30 - The Week Ahead

519

Welcome to 2019 - The Week Ahead

520

Macro Horizons - Trailer