This Is THE Most Important Chart in Macro
Вставка
- Опубліковано 5 лип 2024
- The housing and durable goods sectors are the cyclical engines of economic growth. When these sectors are hot, the whole economy booms. But what happens as these sectors cool?
EPB Secular & Cyclical Framework: epbresearch.com/framework/
EPB Premium Services: epbresearch.com/services/
Join The EPB Mailing List: epbresearch.com/free-weekly-u...
Twitter: / epbresearch
Produce regularly and give it a year. You'll have 200k subscribers in no time. Good stuff.
200k! Wow. That would be quite a trip. I look forward to making more videos like this!
@@EPBResearch I agree with Sokho. In my book, you're right up there with Lyn Alden. Seriously, if you and Lyn team up, Berkshire, Vanguard and Blackrock would have some serious competition.
@@EPBResearch I just subscribed
@@EPBResearch That is just beginning for you. :-) You have a great way of communicating clearly and simply.
@@EPBResearch agreed
I’ll do what you asked for literally: yes, this video was helpful. Keep up the good work and thank you!
Thanks, Miguel. With feedback like this, more is on the way!
Normal dude here with no background in this stuff and this makes so much sense. Thank you!
That's really encouraging. I will keep making content like this with the goal of helping everyone understand some of these more difficult economic concepts.
Excellent Marcoeconomic analysis & date unpacked & simplified. Please don't stop
Eric has a gift for explaining macro economic concepts in a clear, thoughtful manner. i am a big fan of his rad or watch anything he has to offer. Thank you
This was extremely helpful! Short and crisp. 👍
Eric, your analysist of this chart is really exceptional. It creates a very simple, yet accurate and measurable picture of the point of the cycle where we are. It also gives a guidance about the level toward which the economy is moving. Thank you for sharing this precious knowledge.
Clean and simple.This guy knows his stuff!
Thank you. This type of clear overview helps someone like me ignore folks who are ready to start borrowing again. Many people I talk to think things are always going to keep booming, no matter how much debt we generate etc. They think America can't fail.
This was a great visual depiction of your view point. Thanks. There are so many ways to look at all of this. I will continue to watch your stuff.
Great stuff. Will watch everything you put out. Anything to stay updated in a confusing and foggy time.
Where or how did you create the Cyclical Component as a % of GDP chart? I would like to know where we are at this point in time. Also how are you choosing a long term bonds etf, some have made 80% return while others have lost 50%+ etc? Thanks
I'm know that I am kind of jumping on the bandwagon late here, given that you've been on a number of high profile macro shows. But I can't speak highly enough of the content that Eric Basmajian and his colleagues are putting on there. It's clear and concise and shows real long term variables that impact real GDP. The material is as approachable as it is relevant. Congrats to EPB Macro Research!
I think this is 1st UA-cam channel I am subscribing in last 3 years - very well structured and to the point content - no hype. Keep this work.
Excellent video. This is explained so well. I'm a macro noob but I'm exploring it to understand the likely path of our economy.
Nice, short, simple and easy to understand! This is exactly what we need. Great work!!!
Eric your content is a gift.
Would love to see/hear a discussion with you and Jeff Snider. Your macro framework and equity market knowledge coupled with his analysis of euro$ market would be valuable.
Let Jeff know! I'd love to speak with him. Haven't before.
Looking forward to following you here in addition to being an EPB subscriber. You know how to break things down for anyone to understand.
Thank you on both accounts. Glad this medium and style is a value-add.
Tight and well done. Also liked how this topic was integrated into a broader context in your recent session with Blockworks Macro. Thanks!
So helpful! Learned more about the economy than my entire time at university.
Great insight, clear illustrations/charting, clear and quality narrating. Been loving your stuff lately, keep at it.
Fantastic content. Short and to the point. And the graphics and editing of the video is top notch. Liked and subscribed. Thanks.
Thank you for the video. I would love to see more content. Really good job explaining the chart.
Thanks! If you have ideas for future breakdown videos, send them my way!
Just the kind of concise, detailed presentation needed in a confusing space. Great job! I'll be scrolling your library and looking for a lot more content. Good luck with your channel...and, thanks!
This is a great cut! Thank you! There’s obviously a lot of nuance left out that will almost guarantee we won’t go back to 2009-2021 type of environment like commodity under supply and energy crisis, geopolitically driven restructuring of supply chains, or risks of policy mistakes in a world where CBs won’t be able to make easy choices (trade offs between growth & inflation are likely back). Great video nonetheless!!
I was signed out. I signed in specifically to comment and subscribe to your channel. For me that's a big deal man, makes me emotional just thinking about it. Please keep up the good work.
Excellent presentation that offered many many macro insights per minute! You are also a terrific teacher and encourage you to keep up the great work. Thanks so much!
I just started trying to get into Python based data engineering to recreate graphs I saw people make and see if I could use data to help me make sense of recent economic circumstances and you are doing what I wanted to become in a few years (not even the youtube channel just the data analysis). LOVING this content. Thanks for sharing!!
Great stuff here Eric. Easy to follow explanations are a key for this old geezer. Keep 'em coming sir!
You got it, Brian!
Wow, thank you Eric. This is very helpful. Please, please, please do more videos!
How on earth did you create such a polished and professional video after only one day???
I have a secret weapon.
Dude, just stumbled upon your channel. Amazing content presented in an easy way for anyone to understand. Subscribed!
This has to be one of the best finance/econ channels on UA-cam, you should have far more subscribers. Love your videos, please keep it up!
Eric - So good! Thanks and look forward to more of this from you.
You got it! More on the way.
This was a great simple & enlightening video. Looking forward to more video productions and content from Eric!
Great! So happy these videos have been helpful!
Such a great channel.
Thank you Eric for all your insightful knowledge.
Someone who uses "comprised" correctly...ie, doesn't say "is comprised of..." I'm swooning. My hero!
Love these Videos. Super easy to understand. Please upload regular videos. There is a great shortage of good macro content online
Great video Eric! You have a great voice, good content and presentation, and a serious lack of hubris which is refreshing.
Wow! Thank you for these kind words.
excellent video & insight. pls keep the videos coming, I've already set an alarm for them
In three months you've gone from 1.32 ==> 37.4k subscribers. You're doing the lords work.
TOP conent with clear delivery A MUST for MACRO AFICIONADOS
Excellent - clear and concise. Looking forward to more.
Excellent insights into where we've been and where we're heading.
Yes!!! Keep going!! I am ALL about the NUMBERS!!!
Thx
Thank you so much for providing a video, I find videos the best way to absorb information so please make more. Masterful as always
I agree! More video content is the way.
So concise and informational!
Eric, very succinctly presented. Excellent use of supporting data and visuals to make your point.
Many thanks, Humberto!
This channel is excellent. Thank you for this content.
good stuff. One of the only channels that uses real intelligence and data to explain the economic situation.
You did a great JOB Eric!!!
Many thanks!
Great presentation. Well thought out and articulated in plain English!
Amazing work Eric, Wish you the best!!
Thank YOU.
Very educational, easy to understand content. Thanks for posting
Loving the channel man.
Keep up the hard work 💯🪄😎
Eric, this is a great video, very helpful. Thank you and please make more.
subscribed, came from twitter, trying to get a grasp of macro, english isn't my native language so it is a bit harder to me, awesome job you've done here, fully understable and well produced
Thank you! More videos are on the way. If you have something in mind you'd like me to cover, shoot me a message on Twitter.
Well done, that was helpful to understand macro and how to invest accordingly. Thank you ! p.s. Alf brought me here.
Great video!! Thank you.
I asked this on your Twitter but was wondering with the cyclical weakening in Q2 (and in cyclical consumer stocks down 18% in the latest quarter) if we are close to the 11% level in your cyclicals to GDP chart? Great vid!
Provides some forward thinking. Excellent work
Thanks! If I can provoke some thoughts then I did my job!
Superb analysis. This supports my (and many others) forecast of a 2 year housing crash with a lagging crash in equities. I see 30 year mortgages close to 10% by end of 2023. Personally I sold 10 months ago and in cash at guaranteed rates for now.
Excellent explanation of a complicated process! Look forward to your next video.
Thanks, Fred! Glad you liked it.
Thank you for such great content!
Great video. Looking forward to many more.
Thanks for sharing!
More than helpful. Enlightening data points.
Alf sent me here. So glad he did
Nice one, Eric. I subscribe to your service and find it very useful. Cheers! Keep up the good work.
Nicely done. Will look for you on Twitter
Loved the video and the breakdown of a complex problem. Also, love short videos.
Great work. Thanks!
You explained something very complex so simply. I am forwarding your email to others. Do more please.
Wow - I really appreciate that! Thanks
Great video. Always enjoy your analysis. Question: Does this imply a decline in home prices is coming, or just less investment in housing going forward? If less investment, wouldn't that be supportive of higher prices down the road? Thanks.
Awsome video! Very interesting! and greetings from the UK
Just discovered your amazing channel. Please stay with it!
great concise work thanks
Very help full video. Thanks for sharing this information,
Great content explained at layman level. Thanks and looking forward to more material 🙂
Thanks Eric!
Exceptional piece.
Tremendously useful! Keep it coming man
It was a really nice video. Thanks!
Great job thank you. Can you discuss your expectations of the outcome scenarios? What does that mean for the average investor?
OUTSTANDING VIDEO!
Great video - very helpful. Thanks for posting.
Thank you!
Excellent macro summary, on a par with Luke Gromen, totally “on the money”
Thanks, Michael! Good company.
I watched all your videos. Top content. I wish i knew all this long time ago. Keep up the good work
Good stuff. Well done.
Excellent, must watch to see what's coming down the road
Thanks!
I have enjoyed your twitter reads and this was great too
Thanks. Great work
Awesome, really helps me frame the concept!
Thanks Eric - well done!
Thanks, Steve!
Thanks brother 👍
Thanks for keepin it short and super informative
Kudos: This is a very well edited video!
very well done. thank you.
My review of this video: better and more accesible than The Big Short for an absolute beginner like me. Keep it up.
LOL. I'll take it!