Can You Join The Dots?

Friends, the intent of starting this newsletter last year was to deliver an “unbiased” view of the macro arena, energy world and geopolitics.

The sole motivation was to clear one’s head of the narratives that run wild across social media as everyone has their stakes involved: political affiliation, trading positions or arm-twisting from the top brass at big firms.

Undoubtedly, the noise is excruciating for someone looking to get a fair view of the markets and position their portfolio according to the incoming macro data.

While connecting the dots, you can’t be 100% correct, and life, as we say, is an eternal learning process. I hope I continue to share, learn and present an impartial view of the markets.

This week's noise was absolutely about the inflation data, which has become the most watched data point in the last year. But one can’t complain as the data is riddled with anomalies, and inflation remains the economy's lagging indicator.

Today, we will decode the inflation and other econo…