This article is only available to Macro Hive subscribers. Sign-up to receive world-class macro analysis with a daily curated newsletter, podcast, original content from award-winning researchers, cross market strategy, equity insights, trade ideas, crypto flow frameworks, academic paper summaries, explanation and analysis of market-moving events, community investor chat room, and more.
(1) What Determines How Wealthy You Become? (5 min read)
Sam van de Schootbrugge reviews an NBER working paper on where wealth comes from. One key result suggests inheritance plays no role in an individuals future wealth.
( Sam van de Schootbrugge │ 13th January, 2021)
Some Alternative Monetary Facts (IMF, 31 page read)
Terms-of-trade shocks are not all alike (BOE, 24 page read)
Trade sentiment and the stock market: new evidence… (BIS, 23 page read)
Stock Prices, Lockdowns, and Economic Activity in the Time of Coronavirus (NBER, 29 page read)
(The commentary contained in the above article does not constitute an offer or a solicitation, or a recommendation to implement or liquidate an investment or to carry out any other transaction. It should not be used as a basis for any investment decision or other decision. Any investment decision should be based on appropriate professional advice specific to your needs.)