Breaking down and making sense of global capital markets. Pre-order my new book Surplus, out Nov 3.
Joined May 2009
- Tweets35.2K
- Following2.1K
- Followers18.8K
- Likes1.9K
Pinned Tweet
Early praise for Surplus from @SaraEisen, John Authers, @rinsana and @PublishersWkly, which calls it "a revealing depiction of how unchecked wealth accumulation by the few is incompatible with true democracy."
Preorder:
globepequot.com/978149309665…
ICYMI
November Monthly:
AI Cracks
US Dollar Resilience Tested
Politics
Monetary Policy
Bannockburn World Currency Index
Individual Currency Outlook
marctomarket.com/2026/10/nov…
Marc Chandler retweeted
November Monthly:
AI Cracks
US Dollar Resilience Tested
Politics
Monetary Policy
Bannockburn World Currency Index
Individual Currency Outlook
marctomarket.com/2026/10/nov…
Marc Chandler retweeted
November 2026 Monthly: The EU and China understanding was one of the highlights of October, but the China shock rolls on. The economic disruption from China's export drive continues. Even as the Chinese yuan gradually appreciates, the price competitiveness of… dlvr.it/TW7Q7Y
November Monthly:
AI Cracks
US Dollar Resilience Tested
Politics
Monetary Policy
Bannockburn World Currency Index
Individual Currency Outlook
marctomarket.com/2026/10/nov…
John Authers on Surplus: "These aren't arguments that would normally be expected from a Wall Street financier, but they make frightening sense."
More in Bloomberg @opinion: bloomberg.com/opinion/articl…
Much appreciate John Authers' close read of my new book Surplus, out next Tuesday.
You really can have too much of a good thing, writes @johnauthers. Why a restless excess of capital is the root cause of our economic problems bloomberg.com/opinion/articl…
John Authers reviewed Surplus in his Bloomberg @opinion column today. Trees/forest: surplus is the key challenge at the forest level, even if some trees lack water or food.
bloomberg.com/opinion/articl…
Marc Chandler retweeted
Greenback Dragged Lower by Questions of the AI Meme: The US dollar is finishing the week offered. The proximate cause is the arguably softer rates and the as a result of new questions about the AI-meme, following the disappointing Amazon and Intel earnings news… dlvr.it/TW6llD
#Euro pushes further away from $1.12 where large options expire at 10:00 ET. Germany's harmonized CPI softer than expected at 2.8%, down from 3.3%. 3.1% expected. Plays on ideas that the ECB's anticipated Dec hike may be followed by extended pause.
Is capital itself now in surplus? I got into AI, inequality and my book Surplus (out Nov 3) on The Business Elevation Show
voiceamericamedia.com/show/t…
BOJ, like the ECB and FOMC, stood pat earlier today. All 3 are expected to hike in December. Next week 4 more G10 CBs meets. RBA and BOE most likely to hike. Norway stands pat. Sweden is closer call, but swaps favor a hike.
Be prepared: marctomarket.com/2026/10/gre…
#USD is under pressure today. It began in earnest after disappointment late yesterday by #INTC and #AMZN earnings/guidance. EMU grew a little faster than expected in Q3 but France contracted. BOJ stood pat, but expected to hike in Dec,
marctomarket.com/2026/10/gre…
Options for almost 1.4 bln euros at $1.11 expire at 10 am ET. Around $900 mln of options at JPY157.90 also roll off. Roughly A$725 mln at $0.7025 expire.
Marc Chandler retweeted
Gradualist Fed saw the yield curve steepen yesterday. Fed's Warsh is not waiting for task forces to reduce # of live FOMC meetings in the next 2 years. Attention turns to ECB meeting today and BOJ tomorrow. Both hold but likely hike in Dec.
marctomarket.com/2026/10/gra…
Marc Chandler retweeted
Gradualist Fed, AI Questions, and Slightly Firmer Greenback Ahead of ECB's Most Likely Stand Pat Decision: The dollar is firmer than most of the G10 currencies today, in the aftermath of the FOMC meeting. Fed Chair Warsh repeatedly noted that tightening of… dlvr.it/TW61Kg
USD is firmer than most of the G10 currencies today, in the aftermath of the Fed meeting. Warsh repeatedly noted that tightening of fin conditions since the Sept hike. Yet recognizing that the tightening does not mean tight, the Federal Reserve stood pat.
marctomarket.com/2026/10/gra…
Thanks to @sarwar_kashmeri of the Foreign Policy Association for your kind words about my new book, Surplus,
out next week and available for pre-order now: globepequot.com/978149309665…
