MacrolyzedA 5-minute weekly brief on the economy and markets, made for you.

All indicators

Every indicator on the site, by theme, each with its chart. Tap one to open it; this week's brief is here.

Crypto is trading as a rate-sensitive risk asset, not a hedge against stocks.
  • Bitcoin at $82,027 (Oct 18) is down 24.5% in a year; its link to US stocks reads 0.47, close to one more bet on stocks.
  • The hot CPI knocked prices mid-week: when safe yields rise, money that pays nothing to hold gets left behind.
  • Ethereum at $2,421 (Oct 18) is down 39.3% over the year; the slide long predates this week and has no single October catalyst.