Comprehensive Macro Report

How the Fed's stances creates considerable risks for growth

Merry Christmas!

It is that time of the year but things won’t be slowing down here. If you have been following the Capital Flows Substack for any period of time then you know the Comprehensive Macro Reports are the most important pieces because they contextualize and frame WHERE we are and HOW we are likely to move forward.

The next macro report has been published but I also took time to pull together a chart deck for everyone with the main charts that depict where we are in the macro regime:Link. This chart deck and the Dashboard are 100% FREE and there will be A LOT more to come.

If you haven't downloaded the free Macro Rate Matrix Dashboard, it can be found here: This shows the major relationships you need to watch for interest rates. This is becoming increasingly important as equities and Bitcoin have sold off since the last FOMC meeting.

Some of the drivers for equities were laid out here but we are truly entering a period of time with increasing risk to growth and positioning:

All of this is laid out in the comprehensive macro report. As a reminder, there will be a price increase for the Substack on January 1st to $150 a month. If you subscribe BEFORE then, you can lock in the lower rate of $90 a month. This is because there will be a TON of additional features released in 2025 for paid subscribers and the early adopters get rewarded with locking in the lower rate. If you want to do a free trial to review today’s macro report and review all of the research, you can do it with this link: Link

Here is the comprehensive macro report:

Enjoy!