Understanding The MacroAll courses
Understanding The Macro. What moves the markets?
Every investment sits inside a bigger picture: inflation, interest rates, growth, debt, currencies and politics. This guide explains how the economy works, what central banks do and why markets react, so you can read the news without being ruled by it. No forecasts, and no market timing: just the understanding to stay calm and stick to your plan.
10 guides. One payment. Education only: we won’t tell you what to buy.
10 guides. Read them in any order.
- How the economy works01
Growth And Cycles
GDP, recessions and recoveries, and how markets run ahead of the economy
- How the economy works02
Jobs And Wages
Employment, productivity and why they matter to company profits
- How the economy works03
Inflation
What it is, how it is measured, and what it does to savings, bonds and shares
- Money and markets04
Central Banks
The Bank of England, the Federal Reserve and how they set interest rates
- Money and markets05
Interest Rates And Bonds
Gilts, yield curves and why rising rates hit share prices
- Money and markets06
Currencies
Why the pound moves, and what it means for overseas investments
- Money and markets07
Debt And Deficits
Government borrowing, the 2022 gilt crisis and what high debt means
- The world08
Oil, Gold And Commodities
Energy shocks and the raw materials behind the economy
- The world09
China And The Emerging World
The rise of new economies and how they shape global markets
- The world10
Politics, Wars And Markets
Elections, tariffs and conflicts: what history says about how markets respond
Understand the weather, don’t try to forecast it.
Each guide explains one big force in plain English, with UK and global history, the data to watch and where to find it free.
We never predict where markets are going. History shows that even the experts can’t, and that a good plan matters more than a good forecast.