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Five Minute Macro

@fiveminutemacro.bsky.social
4.2K followers 312 following 1.1K posts

Macro trader. I used to be disgusted, now I try to be amused.

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Five Minute Macro @fiveminutemacro.bsky.social · 11h
Thanks, I hate it.
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Five Minute Macro @fiveminutemacro.bsky.social · 11h
I'm a fervent supporter of the Euro project, but we've been quaking at the prospect of a Le Pen presidency almost as long as I've been in the mkts. I've become radicalised by the 'we've tried nothing and we're all out of ideas, but with any luck we can keep on dodging bullets' school of Euro thought
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Five Minute Macro @fiveminutemacro.bsky.social · 14h
FOGaSS - next gen can't even acronym right, smdh.
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Five Minute Macro @fiveminutemacro.bsky.social · 02/10/2026
Incredible things happening in Portuguese media.
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Five Minute Macro @fiveminutemacro.bsky.social · 02/10/2026
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Five Minute Macro @fiveminutemacro.bsky.social · 02/10/2026
Ireland; you can see the bailout and the ramp-up of MNC tax shenanigans.
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Five Minute Macro @fiveminutemacro.bsky.social · 02/10/2026
Or it selects for people who'd sell their family members for a few extra quid. Or Mike Platt's poker room piranhas etc.
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Five Minute Macro @fiveminutemacro.bsky.social · 30/09/2026
OMG!
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Five Minute Macro @fiveminutemacro.bsky.social · 30/09/2026
This is why I can't make any money trading the front end - if the algos don't get you, the Chinese honeypot spy rings will. www.cnbc.com/2026/09/30/j...
cnbc.com
Inside Man: How Chinese spies used lies, love and betrayal to target the Federal Reserve
A CNBC investigation shows how former Fed advisor John Rogers became entangled with a man U.S. officials identify as a Chinese intelligence operative.
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Five Minute Macro @fiveminutemacro.bsky.social · 30/09/2026
Brazil, India, Russia, China...I blame Jim O'Neill.
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Five Minute Macro @fiveminutemacro.bsky.social · 23/09/2026
Valid point. I imagine the hope is that they can wall off the US market by leaning on the government and extract abnormal rents that way.
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Five Minute Macro @fiveminutemacro.bsky.social · 23/09/2026
If everyone slows down development, the frontier labs can monetise their existing businesses without incinerating money in a model arms race.
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Five Minute Macro @fiveminutemacro.bsky.social · 15/09/2026
Sorry, appended.
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Five Minute Macro @fiveminutemacro.bsky.social · 15/09/2026
via www.newyorker.com/magazine/202...
newyorker.com
Jared Kushner’s Dollar Diplomacy
Jared Kushner represents the kind of Washington figure for whom public office serves as a means to extraordinary wealth.
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Five Minute Macro @fiveminutemacro.bsky.social · 15/09/2026
You know things are really, really bad when the Saudis balk.
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Five Minute Macro @fiveminutemacro.bsky.social · 15/09/2026
BOE fan chart vibes.
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Five Minute Macro @fiveminutemacro.bsky.social · 11/09/2026
U2 downloads, clearly spiked with the introduction of the iPhone, and now surging due to aging Gen X nostaliga.
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Five Minute Macro @fiveminutemacro.bsky.social · 10/09/2026
The discourse that truly makes my teeth itch is when people earnestly engage with 'Anthropic researchers estimate a 10% chance that AI will lead to human extinction' or similar nonsense. How exactly do you think they arrived at that conclusion?! I'll tell you: big sloppy fan chart cross x-axis.
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Five Minute Macro @fiveminutemacro.bsky.social · 28/08/2026
Don't need to reach down to the Neuer Markt when Wirecard perpetrated the sophisticated fraud of (checks notes) simply writing down any old numbers in a spreadsheet. And they would have gotten away with it too if it wasn't for those pesky kids.
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Five Minute Macro @fiveminutemacro.bsky.social · 27/08/2026
Just another day on AIM, tbf.
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Five Minute Macro @fiveminutemacro.bsky.social · 27/08/2026
Gave myself a get out of jail card with my 'Doubt it' 😀 But seriously, I just found it worth noting that EVERYBODY is saying this sort of thing can't work when governments are putting their thumbs on the scales all the time, and succeeding plenty.
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Five Minute Macro @fiveminutemacro.bsky.social · 26/08/2026
Is Bessent likely to get his way on bond yields. Doubt it. But the belief that governments can never get their way strongarming markets seems surprisingly consensus given its clear lack of empirical support. That one time in 1992 that people lazily trot out hardly trumps hundreds of counterexamples.
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Five Minute Macro @fiveminutemacro.bsky.social · 25/08/2026
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Five Minute Macro @fiveminutemacro.bsky.social · 25/08/2026
Lutnick is giving Canada the same treatment he used to give his employees at Cantors. Deeply psychotic individual; think Ben Kingsley in Sexy Beast.
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Five Minute Macro @fiveminutemacro.bsky.social · 24/08/2026
The FT gave Scotty Bessent an outlet for some dreadful sophomoric rambling. I read it so you don't have to.
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Five Minute Macro @fiveminutemacro.bsky.social · 24/08/2026
Issue equity.
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Five Minute Macro @fiveminutemacro.bsky.social · 24/08/2026
Bessent trying to control bond yields, exchange rates and oil prices.
static.klipy.com
Balthazar Marmotte Plays Frog Bog Arcade Game
ALT: Balthazar Marmotte Plays Frog Bog Arcade Game
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Five Minute Macro @fiveminutemacro.bsky.social · 20/08/2026
We'll always have Paris... www.maptap.gg August 20 95🏅 100🎯 81🌟 61😑 100🎯 Final score: 840
maptap.gg
🎯MapTap Daily Geography Game
Play MapTap - the daily geography game! Find 5 world locations on a 3D globe with historical stories. Free browser-based daily game for geography lovers.
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Five Minute Macro @fiveminutemacro.bsky.social · 19/08/2026
Bessent wants to run Treasury like a trader. That this is a terrible idea is immediately evident to anyone who's ever met any traders.
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Five Minute Macro @fiveminutemacro.bsky.social · 10/08/2026
Since it's a slow day, a bit of fun I saw on xxxx: most NSEW places you have been. N: Ivalo 🇫🇮 S: Hermanus 🇿🇦 E: Yasawa Islands 🇫🇯 W: Tofino 🇨🇦
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Five Minute Macro @fiveminutemacro.bsky.social · 07/08/2026
Via Reddit, a modern history of the Argentine football league. Now imagine investing in this country #macrotourist
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Five Minute Macro @fiveminutemacro.bsky.social · 04/08/2026
I don't think the yen story is complicated. Japan don't want the yen to slip slide away, but they don't want it to cascade thirty big figures either on a biblical stop hunt, so perhaps 'ineffectual' intervention is the desired outcome here?
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Five Minute Macro @fiveminutemacro.bsky.social · 31/07/2026
NVIDIA?
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Five Minute Macro @fiveminutemacro.bsky.social · 31/07/2026
The most diabolical part of this whole lurid story.
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Five Minute Macro @fiveminutemacro.bsky.social · 30/07/2026
I am not going to elaborate, but never give your money to kids who look like minor European royalty.
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Five Minute Macro @fiveminutemacro.bsky.social · 30/07/2026
Scenes. www.ft.com/content/2803...
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Five Minute Macro @fiveminutemacro.bsky.social · 30/07/2026
Nobody does it quite like them.
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Five Minute Macro @fiveminutemacro.bsky.social · 21/07/2026
This or about a dozen strong alternatives. Elmore Leonard is criminally underfilmed.
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Five Minute Macro @fiveminutemacro.bsky.social · 21/07/2026
As someone who cares neither about the Citi pecking order nor about your man's Youtube activism, it's other way round for me. Does who appeared in what position on a list at Citi have any bearing whatsoever on inequality campaigning? Maybe if the inequality in question is one's end of year bonus....
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Five Minute Macro @fiveminutemacro.bsky.social · 21/07/2026
I continue to not understand why anyone cares about auditing this guy's fairly fantastical claims. After a while, it just seems a bit weird. www.ft.com/content/5c48...
ft.com
Gary Stevenson may have been Citi’s most profitable trader… in developed market foreign exchange
My testy exchange outside a London pub with a self-proclaimed currency trading legend
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Five Minute Macro @fiveminutemacro.bsky.social · 20/07/2026
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Five Minute Macro @fiveminutemacro.bsky.social · 16/07/2026
Mystified how anyone buys this crap. If you want to convince yourself to buy the equity because of totally made up scifi scenarios, fine, it's a moonshot, you do you, but the bonds?! www.ft.com/content/3a02...
ft.com
SpaceX bond yields rocket towards junk
Won’t someone think of the bondholders?
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Five Minute Macro @fiveminutemacro.bsky.social · 13/07/2026
Instant classic of the genre:
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Five Minute Macro @fiveminutemacro.bsky.social · 10/07/2026
Mood
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Five Minute Macro @fiveminutemacro.bsky.social · 07/07/2026
Most reflective USMNT fan:
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Five Minute Macro @fiveminutemacro.bsky.social · 06/07/2026
Well... en.wikipedia.org/wiki/Footbal...
en.wikipedia.org
Football War - Wikipedia
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Five Minute Macro @fiveminutemacro.bsky.social · 06/07/2026
Went for a sea swim first thing this morning, and I regret to inform you all the insufferable dickheads were right. (no Dryrobe, thanks for asking...)
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Five Minute Macro @fiveminutemacro.bsky.social · 06/07/2026
Actually, turns out I misremembered the details...
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Five Minute Macro @fiveminutemacro.bsky.social · 06/07/2026
Ancient Order of Frothblowers ftw www.maptap.gg July 6 99🎯 95🏅 96🔥 100🎯 100🎯 Final score: 986
maptap.gg
🎯MapTap Daily Geography Game
Play MapTap - the daily geography game! Find 5 world locations on a 3D globe with historical stories. Free browser-based daily game for geography lovers.
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Five Minute Macro @fiveminutemacro.bsky.social · 02/07/2026
Same, but Jethro Tull.
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