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Fractured Age
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Macro Bytes

PublishesTwice monthlyEpisodes158Founded5 years ago
Number of ListenersCategories
NewsPoliticsInvestingBusiness

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Latest Episodes

Andy Burnham is set to become Britain’s Prime Minister on 20 July and promises a new style of governance - “Manchesterism”. Luke and Lizzy discuss what Manchesterism means in practice, whether devolution is a credible growth strategy, how a Burnham g... more

Many economists and investors try to predict the business cycle in order to time their investments into financial markets. In this episode, Paul and Luke speak to Tyler Goodspeed, author of “Recession: The Real Reasons Economies Shrink and What to Do... more

Most central banks started the year preparing to cut interest rates further. Then geopolitics intervened. In this episode Paul and Luke unpack how the Iran-driven energy shock has upended rate expectations, why different central banks are responding ... more

Near earth orbit is increasingly a site of economic activity, and a domain of great power competition. Paul and Luke are joined by Hannah Lee, Thematic Investment Researcher at JP Morgan, to discuss how the collapse in launch costs has opened up a wi... more

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Recent Guests

Tyler Goodspeed
Chief economist at ExxonMobil and Griffin Fellow at the Hoover Institution; former chair of the White House Council of Economic Advisers
ExxonMobil; Hoover Institution
Episode: Are recessions predictable? – with Tyler Goodspeed
Hannah Lee
Thematic investment research professional focusing on economics of space, at JP Morgan
JP Morgan
Episode: Space, the final frontier for the economy? - with Hannah Lee, JP Morgan
Robert Gilhooly
Senior Emerging Markets Economist at Aberdeen
Aberdeen Asset Management
Episode: Who is winning the US-China AI race?
Victoria Scholar
Head of investment at Interactive Investor
Interactive Investor (Aberdeen group)
Episode: How are investors responding to the Iran conflict? – with Victoria Scholar from interactive investor
John Ridge
Chief Adoption Officer
NATO Innovation Fund
Episode: Can Europe innovate at war(p) speed? - with the NATO Innovation Fund
Erin Hallock
Partner at the NATO Innovation Fund
NATO Innovation Fund
Episode: Can Europe innovate at war(p) speed? - with the NATO Innovation Fund
Jens Larsen
Practice head of Geoeconomics at Eurasia Group
Eurasia Group
Episode: Does politics matter for markets? - with Jens Larsen of Eurasia Group
Neil Shearing
Group Chief Economist at Capital Economics; author of The Fractured Age
Capital Economics
Episode: How can investors navigate a fracturing economic order? - with Neil Shearing
Edward Fishman
Professor and research scholar at Columbia University, expert on economics, geopolitics, and national security
Columbia University
Episode: How are the US and China weaponising the global economy? - with Edward Fishman

Hosts

Paul Diggle
Host of Macro Bytes, discusses economics and politics of space and macro policy implications
Luke Bartholomew
Co-host of Macro Bytes, focuses on economics, markets, and geopolitics
Lizzy Galbraith
Co-host of Macro Bytes, provides macroeconomic context and market analysis

Reviews

5.0 out of 5 stars from 40 ratings
  • Good Stuff

    Can't claim I understand all of it but it's interesting and thought provoking, and that Luke bloke is alright!

    Apple Podcasts
    5
    Rosskanovich
    United Kingdom3 years ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

If you like macro with a geopolitical edge, this hits the spot.
Strong, informed guests and practical market takeaways.
Accessible and thought-provoking—hosts mix macro and geopolitics well.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#102
Switzerland/Business/Investing
Apple Podcasts
#217
Switzerland/Business

Talking Points

Recent interactions between the hosts and their guests.

How will Rachel Reeves plug the UK's fiscal blackhole?
Q: How could the budget affect monetary policy and gilt yields?
The budget's inflationary impact and its signal on growth sentiment could push yields higher and delay rate cuts, or, if growth deteriorates, could eventually soften expectations leading to lower rates; the timing of the budget relative to the Bank of England meeting is a key factor in whether a December cut or later move is possible.
How will Rachel Reeves plug the UK's fiscal blackhole?
Q: Lizzy, walk through the most likely measures that you expect the Chancellor to announce in the budget and how much they could plausibly raise.
Tax policy changes are likely to center on less politically costly shifts like freezing or re-freezing personal allowances, plus targeted taxes on sectors such as gambling, alcohol, tobacco, and possibly a bank levy or reserves-related measures; combined with selective reforms in pensions or social care could reach around 20 billion, with more aggressive options potentially pushing higher depending on productivity downgrades.
How are the US and China weaponising the global economy? - with Edward Fishman
Q: How has the US dollar established itself as a strategic chokepoint beyond being the world's reserve currency?
The dollar dominates as store of value, medium of exchange, and unit of account across global finance, central bank reserves, and international trade, which means sanctions can effectively isolate a country from the mainstream economy because a vast share of cross-border transactions involve dollar-denominated assets and payments.
How are the US and China weaponising the global economy? - with Edward Fishman
Q: What exactly are chokepoints in the global economy, and how do they arise?
Chokepoints are not just geographic bottlenecks; they are parts of the global economy where a country holds dominant position with limited substitutes, and their power comes from the ability to constrain access through regulatory, financial, or legal mechanisms, turning economic leverage into geopolitical influence.
Who is winning the US-China AI race?
Q: What role do government policies play relative to private sector investment in determining the winner?
Governments set the environment via export controls, energy infrastructure, and strategic use of AI as a geopolitical tool, but private firms drive the core AI development and deployment once the conditions are favorable.

Audience Metrics

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Frequently Asked Questions About Macro Bytes

What is Macro Bytes about and what kind of topics does it cover?

This program centers on macroeconomics, finance, and geopolitics with a heavy focus on how big-picture events affect markets, policy, and investment strategy. Episodes frequently explore space economics, energy shocks, sanctions, defense spending, and geopolitical risk, often through the lens of major institutions and market implications. Notable strengths include a consistently data-driven, scenario-based approach and a roster of guests who are entrenched in policy, macro research, and institutional investing. The show is likely especially valuable for listeners who want actionable market context tied to global politics, central-bank dynamics, and strategic investment insights.

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Which podcasts are similar to Macro Bytes?

These podcasts share a similar audience with Macro Bytes:

1. Macro Hive Conversations With Bilal Hafeez
2. Odd Lots
3. The Economics Show
4. Unhedged
5. Macro Mondays

How many episodes of Macro Bytes are there?

Macro Bytes launched 5 years ago and published 158 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

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What guests have appeared on Macro Bytes?

Recent guests on Macro Bytes include:

1. Tyler Goodspeed
2. Hannah Lee
3. Robert Gilhooly
4. Victoria Scholar
5. John Ridge
6. Erin Hallock
7. Jens Larsen
8. Neil Shearing

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