“The true value in analysing developments in global finance lies less in considering investments in banks’ equity and more in understanding the implications of the relationship between the banking sector and the wider economy for macro policy, corporate strategy, investment decisions and asset allocation.”
Welcome to Chris Mallin Macro Perspectives.
This website highlights the key themes from CMMP analysis of global macro and monetary economics with a focus on the interaction between the money sector and the wider economy. The analysis incorporates:
- A quantifiable and objective framework linking all domestic economic sectors with each other and with the RoW, derived from a simple understanding of core banking services
- A deep understanding of global debt dynamics – the level, growth, structure and affordability of debt and the distinction between productive and non-productive sources
- Unique insights into the impact of global money, credit and business cycles on corporate strategy and asset allocation decisions at the country, sector and company level
The “Seven Key Lessons from the Money Sector” published in December 2020, December 2021, December 2022, and December 2023 provide examples of how to apply these perspectives and important reminders to challenge many of the current assumptions relating to modern banking, economics and macro policy.