Daniel.Markets

Interview with Global Macroeconomics Expert: Dr. Karim Pakravan

Daniel Manriquez — Fri, 26 Sep 2025 19:51:23 GMT

Note: This was recorded in April 2025. Five months later and the discussion is as relevant as ever covering topics such as Fed independence, tariffs, consumer sentiment, and more.

Summary

In this conversation, Karim Pakravan discusses the current state of the global economy, focusing on the impact of tariffs, inflation, and the roles of the Federal Reserve and Treasury. He highlights the potential for a recession and the challenges posed by current economic policies, emphasizing the need for coherent strategies to navigate the turbulent economic landscape.

Digital Asset Legislation

Daniel Manriquez — Mon, 21 Jul 2025 17:50:20 GMT

Here’s a breakdown of the three key crypto-related bills shaping U.S. legislation during “Crypto Week” (July 2025). Note that the GENIUS Act has officially been passed and signed into law by the President while the CLARITY AND CBDC Acts both passed the House and now sit with the Senate for review.

Quantitative Roots, Global Reach

Daniel Manriquez — Mon, 26 May 2025 18:30:51 GMT

Last month, I was thrilled to attend the NCCC-134 Conference hosted in part by members of Farmdoc and the University of Illinois Department of Agriculture and Consumer Economics.

Pictured: NCCC-134 Presentation by Professor Stephen Snudden of Wilifrid Laurier University titled, “Can Futures Prices Predict the Real Price of Primary Commodities?”

The 2025…

Tariff Shock: Markets Reel from Trump’s 104% China Move

Daniel Manriquez — Wed, 09 Apr 2025 18:40:06 GMT

Catch up quick:

Markets were rattled Tuesday after President Trump unveiled a 104% tariff on Chinese imports, while offering a 90-day pause on reciprocal tariffs for other trading partners. The move jolted investors and triggered sharp moves in bonds, currencies, and equities.

Why it matters:

The policy whiplash has injected a wave of uncertainty into mark…

U.S. Markets Brace for a Bloodbath

Daniel Manriquez — Mon, 07 Apr 2025 13:32:56 GMT

🛑 The Big Picture: U.S. stock futures are nosediving ahead of Monday’s open, April 7, 2025, as trade war fears shake global markets.

• S&P 500 Futures: Down 2.6% – brace for a rocky start.

• Nasdaq Futures: Plunged 2.9% – tech stocks set for a hit.

• European Markets: Stoxx 600 down almost 5% – ripple effects from U.S.-China tensions.

…

Trump Trade 2024

Daniel Manriquez — Mon, 11 Nov 2024 04:10:59 GMT

Election Night on November 5th was just five days ago, and global markets have been reacting to the decisive results that named Donald Trump as the 47th President of the United States.

What struck me while watching Bloomberg was that, by around 8:30 CT, hosts Jonathan Ferro and Annmarie Hordern were already discussing election-fueled price movements as T…

What's in an onion?

Daniel Manriquez — Sat, 06 Apr 2024 22:10:39 GMT

The importance of the onion from a culinary, historic, and economic standpoint cannot be overstated. Plus, I love to eat them.

This post will focus on the culinary significance and historical market dynamic, underpinning how the onion has shaped modern commodities markets. The onion’s versatility from the standpoint of its culinary application and ec…

Chicago

Daniel Manriquez — Mon, 01 Apr 2024 02:18:39 GMT

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In simple terms, trade (the transfer of goods and services for money) is what makes Chicago so special. The reason for this is skillfully articulated in a book by Emily Lambert called, The Futures - The Rise of the Speculator and the Origins of the World’s Biggest Markets.

In the opening chapter of her book, Lambert describes the origins of Chicago:

“The place that became Chicago was founded on land known as Illinois Territory, named in a hat tip to the Native American groups that long inhabited the area. In 1808 the government built Fort Dearborn on a small hill above a river, near the shore of a large freshwater lake. The soldiers defended the fur trade. Chicago was built, literally, for trading.”

~ Chapter +0.01, Grain

Chicago is a hub for American and global business for many reasons.

Geographically, Chicago is important because it’s the largest midwestern city in the United States with direct access to the largest freshwater source in the Great Lakes.

Historically, Chicago has been a focal point for the region’s farmers to centralize the supply of the grain-based agriculture industry that feeds the world.

Intellectually, the Chicago School of Economics has produced some of the most prominent ideas in the fields of law, politics and economic theory that has shaped the global economy since its inception dating back to the late 1800’s.

Commercially, Chicago is home to the largest derivatives markets on the planet.

In my opinion, Chicago is the greatest culmination of trade theory and practice in the New World.