Macro

121 pages

• 129.货币的本质，以及黄金的真正价值 | 串台十分吸引

  source
  2025-05-19
• 133.全球宏观和资本市场2025年中盘点：中国的三个温差和美国的三个预期差

  source
  2025-06-18
• 135.宏观大事频发期如何保持定力？| 投资账2025半年度复盘

  source
  2025-07-07
• 143.如何判断一段行情是回调还是结束？| 三季度投资账复盘

  source
  2025-10-08
• 146.美国经济这么差，美股还能继续涨吗 | 串台《美轮美换》

  source
  2025-11-10
• 152.关于2026年的四个猜想

  source
  2026-01-06
• 153.全球宏观和资本市场2026展望：大年之后，仍是大年？

  source
  2026-01-13
• 155.如何理解黄金的史诗级波动

  source
  2026-02-03
• 161. 全球宏观和资本市场2026一季度复盘与展望

  source
  2026-03-31
• 165.年报季中的真实中国2026

  source
  2026-05-05
• 172.全球宏观和资本市场2026半年度复盘与展望：AI叙事的下一步

  source
  2026-07-07
• Accelerated Depreciation Capex Pull-Forward

  concept Updated 2026-08-18
  wiki
• AI Employment Multiplier Compression / AI就业乘数压缩

  concept Updated 2026-08-07
  wiki
• Alan Greenspan

  entity Updated 2026-07-24
  wiki
• Animal Spirits Opportunity Activation / 动物精神与机会激活

  concept Updated 2026-08-17
  wiki
• Annual Report Macro Reading

  concept Updated 2026-08-06
  wiki
• Arthur Grimes

  entity Updated 2026-07-23
  wiki
• Austerity

  concept Updated 2026-08-12
  wiki
• Bank of Japan

  entity Updated 2026-07-07
  wiki
• Bridgewater Associates

  entity Updated 2026-08-06
  wiki
• Capital Controls

  concept Updated 2026-08-12
  wiki
• Carry Trade Unwind

  concept Updated 2026-07-07
  wiki
• Central Balance-Sheet Demand Support / 中央资产负债表托底

  concept Updated 2026-08-06
  wiki
• Central Bank Independence

  concept Updated 2026-08-06
  wiki
• China AI Export Leverage / 中国AI出口杠杆

  concept Updated 2026-08-08
  wiki
• China Deflation Demand Repair / 中国通缩的需求侧修复

  concept Updated 2026-08-17
  wiki
• China Equity-Real Economy Gap / 中国股市与实体经济落差

  concept Updated 2026-08-06
  wiki
• China Fiscal Expansion Channels

  concept Updated 2026-08-06
  wiki
• China Industrial K-Shaped Divergence / 中国式K型产业分化

  concept Updated 2026-08-07
  wiki
• China Local Debt Resolution

  concept Updated 2026-08-06
  wiki
• China Macro Temperature Gaps / 中国宏观温差

  concept Updated 2026-08-06
  wiki
• China Narrative Split

  concept Updated 2026-08-06
  wiki
• China Outbound Profit Loop / 中国出海收益环流

  concept Updated 2026-08-06
  wiki
• China Policy Easing Pivot

  concept Updated 2026-08-06
  wiki
• China Supply-Side Clearing

  concept Updated 2026-08-06
  wiki
• Commodity Time-Horizon Framework

  concept Updated 2026-08-18
  wiki
• Currency Anchor Transition / 货币锚转换

  concept Updated 2026-08-17
  wiki
• Currency Control Trap

  concept Updated 2026-08-12
  wiki
• Currency Risk

  concept Updated 2026-08-12
  wiki
• Depression Driven Innovation

  concept Updated 2026-07-08
  wiki
• Dollarized Stabilization

  concept Updated 2026-08-12
  wiki
• Don Brash

  entity Updated 2026-07-23
  wiki
• Donald Trump

  entity Updated 2026-08-21
  wiki
• Dutch Disease

  concept Updated 2026-08-07
  wiki
• E162.康波周期中的AI：新技术总在萧条期爆发，bad times make good people

  source
  2026-06-15
• Economic Forecasting Limits

  concept Updated 2026-07-24
  wiki
• Effective Tariff Rate Shock

  concept Updated 2026-08-18
  wiki
• Endogenous Money Creation / 内生货币

  concept Updated 2026-08-06
  wiki
• EP38 风满楼！全球资本市场巨幅动荡，腥风血雨时刻近在咫尺

  source
  2024-08-08
• EP39 风满楼下集：全球衰退慢慢逼近，严防死守步步为营！漫聊下半年美股、美债、汇率

  source
  2024-08-12
• EP57 美股动荡，东升西降？这回是走是留

  source
  2025-03-10
• Era Tailwind In Investing / 投资时代红利

  concept Updated 2026-08-06
  wiki
• Exchange-Rate Flexibility

  concept Updated 2026-08-12
  wiki
• Far Crimea: war comes to Russia's door

  source
  2026-06-26
• Federal Funds Rate As Policy Signal

  concept Updated 2026-08-06
  wiki
• Federal Reserve

  entity Updated 2026-08-07
  wiki
• Geopolitical Cycle Macro

  concept Updated 2026-08-06
  wiki
• Gold As Currency Spare Tire / 黄金备胎

  concept Updated 2026-08-07
  wiki
• Gold Monetary Anchor

  concept Updated 2026-08-07
  wiki
• Government Shutdown Data Blindness

  concept Updated 2026-08-18
  wiki
• Hard Assets Debasement Hedge

  concept Updated 2026-08-18
  wiki
• Hong Kong Dollar Hot-Money Cycle / 港元热钱周期

  concept Updated 2026-08-08
  wiki
• Howard Lutnick: How America Can Hit 6% GDP Growth in 2026

  source
  2026-01-09
• Indicators of 2025 and What to Watch in 2026

  source
  2025-12-31
• Inflation Bias

  concept Updated 2026-07-23
  wiki
• Inflation Targeting

  concept Updated 2026-08-12
  wiki
• Internal Stability Confidence Repair

  concept Updated 2026-08-06
  wiki
• Janet Yellen

  entity Updated 2026-07-25
  wiki
• Japanese Equity Repricing / 日本股市再定价

  concept Updated 2026-08-06
  wiki
• Jerome Powell

  entity Updated 2026-08-06
  wiki
• Jerome Powell and the Test of Fed Independence

  source
  2026-05-15
• John Maynard Keynes / 凯恩斯

  entity Updated 2026-08-17
  wiki
• Justin Wolfers

  entity Updated 2026-07-23
  wiki
• Kondratiev Cycle

  concept Updated 2026-07-08
  wiki
• Labor-Share Consumption Rebalancing

  concept Updated 2026-08-06
  wiki
• Lael Brainard

  entity Updated 2026-07-18
  wiki
• Macro Asset Expression

  concept Updated 2026-07-08
  wiki
• Macro Event vs Macro Trend Distinction

  concept Updated 2026-08-06
  wiki
• Main Contradiction Allocation / 主要矛盾式资产配置

  concept Updated 2026-08-06
  wiki
• Monetary Policy Lag

  concept Updated 2026-07-24
  wiki
• Monetary Volatility

  concept Updated 2026-08-12
  wiki
• Money As Flow / 货币是流量

  concept Updated 2026-08-17
  wiki
• Multiple Equilibria

  concept Updated 2026-07-23
  wiki
• Multiple Exchange Rate Regime

  concept Updated 2026-08-12
  wiki
• MVP Investment Framework / 宏观-估值-政策框架

  concept Updated 2026-08-07
  wiki
• New Order Asset Pricing

  concept Updated 2026-07-24
  wiki
• New Zealand / 新西兰

  entity Updated 2026-07-23
  wiki
• Oil Revenue Dependence

  concept Updated 2026-08-13
  wiki
• Ordinary Investor Macro Boundary

  concept Updated 2026-08-06
  wiki
• Quantity Change to Quality Change / 量变引发质变

  concept Updated 2026-08-06
  wiki
• Reciprocal Tariff Formula

  concept Updated 2026-08-06
  wiki
• Reserve Bank of New Zealand

  entity Updated 2026-07-23
  wiki
• Risk Parity

  concept Updated 2026-08-06
  wiki
• RMB Exchange Rate Policy

  concept Updated 2026-08-06
  wiki
• Sahm Rule

  concept Updated 2026-07-07
  wiki
• Short-Term Demand Before Long-Term Reform

  concept Updated 2026-08-06
  wiki
• So are we in an AI bubble? Here are clues to look for.

  source
  2026-01-10
• Stagflation Risk Repricing / 滞胀风险重估

  concept Updated 2026-08-06
  wiki
• Tariff Revenue Fiscal Substitution

  concept Updated 2026-08-18
  wiki
• Trade Deficit Ownership Frame

  concept Updated 2026-08-18
  wiki
• Treasury Duration Risk

  concept Updated 2026-08-06
  wiki
• U.S. 2025 Expectation Gaps

  concept Updated 2026-08-06
  wiki
• U.S. Economic Experience Split

  concept Updated 2026-08-07
  wiki
• U.S. Recession Risk

  concept Updated 2026-07-07
  wiki
• U.S. Treasury

  entity Updated 2026-08-20
  wiki
• U.S.-China AI Macro Asymmetry / 中美AI宏观不对称

  concept Updated 2026-08-07
  wiki
• Vol.111 关于2025年的四个猜想

  source
  2025-01-06
• Vol.112 一次非共识的2024反思和2025展望 | 对话蓝小康X牟一凌

  source
  2025-01-15
• Vol.115 全球宏观和资本市场2025展望：短期问题不解决，就没有中期和长期了

  source
  2025-02-10
• vol.123.特朗普的“对等”关税案：不止是一场大型服从性测试

  source
  2025-04-06
• vol.124.信息过载后如何保持冷静？ | 投资账复盘

  source
  2025-04-14
• vol.127.年报季中的真实中国2025

  source
  2025-05-06
• Western China Misreading / 西方对中国的误读

  concept Updated 2026-08-06
  wiki
• Yen Carry Trade

  concept Updated 2026-07-07
  wiki
• Yield Curve Inversion

  concept Updated 2026-07-07
  wiki
• 不熄灯 E02：币圈闪崩、美国政府关门、First Brands 破产与娃哈哈风波

  source
  2025-10-14
• 中信建投证券

  entity Updated 2026-07-08
  wiki
• 周金涛

  entity Updated 2026-07-08
  wiki
• 激发动物精神，创造更多机会

  source
  2026-08-17
• 牟一凌 / Mou Yiling

  entity Updated 2026-07-24
  wiki
• 面基

  entity Updated 2026-08-17
  wiki