Macro for Markets

Rates, inflation and central banks — the weather system above every market.

4 units · 16 lessons · 45 min read · plus hands-on practice, at your pace

Start here

What is an interest rate, really?

The Price of Money · 3 min read · foundations

Start the first lesson

Unit 1 The Price of Money

  1. What is an interest rate, really? 3 min
  2. Why does one number move every market? 3 min
  3. Why do bond prices fall when rates rise? 2 min
  4. What is the yield curve — and why does its inversion scare people? 4 min
Practice Check · Unit 1 A short check · cannot be failed Start

Unit 2 Inflation: The Silent Force

  1. What is inflation — and who decides the target? 3 min
  2. Where does inflation actually come from? 2 min
  3. Real vs nominal — what did your money actually earn? 2 min
  4. Which assets survive inflation? 3 min
Practice Check · Unit 2 A short check · cannot be failed Start

Unit 3 Central Banks: The Weather Makers

  1. What does a central bank actually do? 2 min
  2. How does a central bank move markets? 3 min
  3. Why does the world stop for a Fed meeting? 3 min
  4. What does "don't fight the Fed" really mean? 3 min
Practice Check · Unit 3 A short check · cannot be failed Start

Unit 4 The Macro Calendar

  1. Which economic numbers move markets most? 3 min
  2. Why can good news be bad news? 3 min
  3. How do professionals read a macro week? 3 min
  4. Macro checkpoint — the weather above the market 3 min
Practice Check · Unit 4 A short check · cannot be failed Start

Last Course exam

One exam, the whole course Unlocks when you have read all 16 lessons

Passing it earns the course certificate. It also counts toward the Analyst track (course 6 of 8): pass every course exam in a track to earn its track certificate.