Claim OwnershipThe Macro Minute with Darius Dale
Subscribed: 11Played: 447
Subscribe
© Copyright 2025 All rights reserved.
Description
The Macro Minute is a daily morning podcast of what 42 Macro Founder & CEO Darius Dale is seeing in the overnight markets and where he\'s focused before the US stock market open.
262 Episodes
Reverse
Markets are pushing higher—but is the secular bear already lurking beneath the surface? In today’s Macro Minute, Darius explains why trying to time that transition can be far more dangerous than staying systematic, and why risk management, not prediction, is the edge.
The rules of monetary policy are changing. In today’s Macro Minute, Darius walks through why Fed reform is accelerating, what fiscal dominance means for investors, and why gold is emerging as the superior alternative to bonds.
The message from today’s Macro Minute is clear: U.S. growth remains the dominant force driving markets higher. Darius explains how recent GDP, CapEx, and industrial data reinforce the Resilient U.S. Economy and Paradigm C themes, why consensus growth estimates remain far too low, and how accelerating productivity supports a bullish outlook for corporate profits despite ongoing labor market softness.
Today’s Macro Minute breaks down how the Bank of Japan’s ongoing policy normalization is reshaping global bond markets and reinforcing the structural bull case for gold. Darius explains why BOJ tightening is contributing to Treasury market imbalances, what it means for global liquidity, and how systematic risk management through KISS and Dr. Mo helps investors stay on the right side of these shifting macro dynamics.
Darius Dale breaks down whether the November CPI report can ignite a long-awaited Santa Claus rally — and why distorted inflation data may be strengthening the case for policy easing in early 2026. He also highlights the growing divergence between slowing inflation and rising labor-market risks, reinforcing 42 Macro’s view that a more accommodative Fed reaction function is taking shape. Tune in for the key insights driving markets into year-end.
Today, the Macro Minute tackles whether the AI trade is truly over—and why the answer is a resounding no. Darius explains how Paradigm C and the early steps into Paradigm D continue to fuel AI investment, capital-market buoyancy, and liquidity support. He breaks down the geopolitical catalysts pushing gold and precious metals to new highs, highlights the risks of crowded bullish positioning, and revisits the startling reality that the U.S. dollar has been devalued over 60% against gold this year.
Today’s Macro Minute unpacks how rising unemployment and softening payrolls confirm the Fed’s shift toward a more dovish reaction function. Darius explains why investors should expect policy easing through the first half of 2026 and how crowded bullish positioning raises the risk of bubbles in stocks, gold, and Bitcoin. He also highlights historic optimism among global asset managers and answers a KISS user question on why the model favors gold over Bitcoin in the current regime.
Darius breaks down the Fed’s shift toward a more dovish, expansionary policy framework — a move that raises the probability that Paradigm C and Paradigm D may operate simultaneously. We explain why this pivot turns five of the six major macro cycles into powerful tailwinds for risk assets and increases the odds of bubbles forming in stocks, gold, and Bitcoin.
Today’s Macro Minute breaks down the Fed’s likely hawkish cut, why bonds have already priced it in while equities have not, and how a divided FOMC is complicating the policy outlook heading into 2026. We also highlight the growing importance of balance-sheet clarity amid rising funding stress and explain how KISS and Dr. Mo are navigating this choppy, catalyst-starved environment with discipline.
Darius explores the central question heading into the Fed meeting: will policymakers protect Wall Street at the expense of Main Street? He outlines the implications for liquidity, volatility, and how our systematic tools guide portfolio construction.
In today’s Macro Minute, Darius breaks down how a deeply divided Fed is shaping market uncertainty and why the broadening-out trade remains premature. He outlines what must happen before rotation can take hold and explains how KISS and Dr. Mo are navigating rising policy risk.
Today’s episode breaks down the delayed September PCE Report, which reinforces both the Resilient U.S. Economy theme and our Sticky Inflation thesis. Darius also highlights emerging repo-market funding stress and why early Reserve Management Operation Purchases may now be on the table.
Darius breaks down the latest high-frequency economic data and what they signal for both the U.S. and global economies. He explains why the U.S. continues to track a U-Shaped path, why the Fed is falling further behind the rates curve, and how global growth remains resilient despite policy uncertainty. He closes with an important discussion on what the Fourth Turning means for small businesses amid intensifying crowding-out dynamics.
Today, Darius explores whether the Fed’s deepening debate over R* could delay vital liquidity. He breaks down last week’s violent up-crash, rising policy uncertainty, and why the K-shaped economy complicates the Fed’s mandate. He also touches on what the next Fed Chair will face and how investors can pass financial literacy and the KISS framework to the next generation.
Today’s Macro Minute breaks down whether the BOJ could derail the year-end rally. Darius explains why a hawkish surprise remains unlikely—even as JGB yields hit their highest levels since 2008. He covers the ripple effects across global fixed income, crypto’s drag on sentiment, and why systematic frameworks like KISS and Dr. Mo remain essential in navigating rising volatility. Plus, he shares his top book recommendations for investors refining their process.
Today, Darius explores the emerging “RMOP” regime — a stealth form of quantitative easing that may arrive sooner than markets expect. Darius explains why the Fed is preparing to shift from QT to balance-sheet expansion, how repo-market stress is forcing policymakers’ hands, and what this means for risk assets, liquidity trends, and the Paradigm C bull market.
Today’s Macro Minute breaks down why the U.S. economy is slipping deeper into a U-shaped slowdown while sticky inflation refuses to fade — and why a Fed that’s falling behind the rate and liquidity curves is raising crash risks into year-end.
A stalled data pipeline, a backward-looking Fed, and rising uncertainty ahead of the December meeting — today Darius breaks down why a Santa Claus rally isn’t guaranteed and why disciplined, systematic risk management matters more than ever.
Today’s Macro Minute breaks down why the labor market is sending mixed signals and how that ambiguity is shaping the Fed’s December decision. Darius unpacks the implications of a policy stance that is neither tight enough to restore affordability nor easy enough to generate broad-based prosperity, and explain why that imbalance continues to drive volatility across households, sectors, and markets.
Crypto and commodities are breaking down as early stress signals emerge in the global liquidity cycle. Today’s Macro Minute breaks down why assets furthest out on the risk spectrum are getting hit first, how the Fed’s stumbles are feeding the move, and what KISS and Dr. Mo are signaling as positioning risks rise.
Comments
Download from Google Play
Download from App Store
United States