My 2021 Ultimate Guide to Social Security Benefits Class.

In today's show, you will learn why the global economic data means  inflation isn't coming to the U.S., what the recent rise in the M1 Money  Supply means, why a flattening M2 Money Supply is disinflationary, how  TIPS and gold miners are related, why the speculative positioning in  Treasury bond and Dollar futures suggest a massive equity crash is  coming, how the Treasury CTAs or quants are positioned and what could  trigger them to buy, why banks aren't lending, and how the massive  speculative call option buying could crash stocks.

In today's show, you will learn why stocks don't like the proposed  stimulus package, how politics will affect the ability of the stimulus  bill to get through the Senate, why improving manufacturing data isn't  good news as retail sales slide, what's going on with the money supply,  how credit growth continues to deteriorate, and when the quants are  likely to start buying bonds again.

In today's show, you will learn why the persistent selling against the  long bond may be over, what the economic data is telling us about the  economy, if the CPI is finally signalling a secular shift to inflation,  why this week's Treasury auctions turned the tide on the rise in yields,  and how the yield curve is suggesting a recession is imminent.

In today's show, you will learn the difference between algos and quants,  how China is still exporting deflation, how today's 3-year Treasury  Note auction is suggesting increased demand, why the deviation between  the CPI and 10-year Treasury yields is bearish for yields, why  Wednesday's CPI print may be disinflationary, just how euphoric the  stock market is, how hedge-fund managers are positioned in the futures  market with a focus on the long bond, and stay tuned to the end for a  very gappy bond chart.

In today's show, you will learn why Treasury yields rose the day after  the Georgia Senate election, how quantitative computer programs or CTAs  are driving the Treasury bond market, what the recent economic data says  about the economy, how the M2 money supply suggests more disinflation,  why December's payroll report was horrible, and what bank credit is  telling us about the overall health of the economy.

In today's show, you will learn what drove bond prices lower and  Treasury yields higher today, if bond prices are likely to head lower or  higher, if the contraction in residential real estate suggests higher  or lower interest rates are coming, how overvalued the market is, what  the recent economic data indicates about the global economy, what the  ISM Manufacturing PMI says about inflation, the dollar, and stock  prices, how speculators are positioned in the Treasury bond futures  market, and what a blue wave means to bond prices and the dollar.

In today's show, you will learn what the global factory PMIs are  indicating about the global manufacturing sector, what the weekly bank  credit data is saying about credit growth, what the M2 money supply and  Monetary Base have to do with inflation, what is going on with price and  momentum of Treasury bonds, how speculators are positioned in the bond  futures market, and if Steve was right or wrong about bonds in 2020.

In today's show, I'll discuss what I got right and wrong in 2020, what's  coming for the Macro Show in 2021, and I'll address two of the most  popular conspiracy theories about the Macro Show.

In today's show, you will learn why rising crude oil prices don't lead  to inflation during dollar shortages, how hedge-fund managers are  positioned in Treasury bond and dollar futures, why the stimulus package  won't be inflationary, how institutional money funds indicate yields  have peaked, how speculative this market really is, and what slowing and  contracting credit means.