The Macro Butler
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The Macro Butler aims to deliver concise yet comprehensive macroeconomic insights that impact global and regional markets. We analyze key indicators, trends to provide actionable & timely investment recommendations to all kind of investors.
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According to Eurostat’s ever-reliable Stalinist-style propaganda, Europe’s renewable electricity prices have now plummeted to just three times the cost of conventional power—what a bargain!

Of course, once you strip out carbon taxes on fossil fuels and factor in the generous subsidies (like the UK’s recent top-up), the true cost of renewables is probably still over five times higher. Meanwhile, the more renewables are added, the worse their capacity factor becomes—dropping 20% since 2015. Funny how that works. Once renewables exceed 16% of the mix, capacity starts falling off a cliff. And when output regularly exceeds demand, as it already does 10% of the time in Germany, each shiny new windmill just makes the whole system less efficient.

Result? Higher unit costs, shrinking energy use, and good old-fashioned deindustrialisation. All in the name of progress.
Meanwhile, across the pond, the electricity component of the U.S. CPI rose 0.97% month-over-month in June—more than triple the headline CPI increase of 0.3%. On a year-over-year basis, electricity prices surged 5.8%, marking the third consecutive month of outpacing broad inflation.

So much for the promise of cheaper energy, while “Drill, Baby, Drill” remains a devout campaign promise.
While Donald Copperfield chanted #MAHA to seduce the #MAGA flock, and the theatrically devout ‘Anti-Vax-in-Chief’ performed his righteous duet—all in a bid for a throne in the bureaucratic inferno—the truth slithers beneath: the FDA continues to anoint mRNA concoctions with its unholy seal.

The ritual approvals march on, as promised in this grand pharmaco-theocratic farce.

https://www.vaccineadvisor.com/news/fda-fully-approves-modernas-covid-19-vaccine-for-some-young-children/
While its vaccine continues to receive tacit backing from a government increasingly weary of maintaining its election-fuelled illusions, Moderna has now joined forces with IBM.

The aim? To harness quantum computing in the development of the next generation of mRNA vaccines—an innovation hailed as progress by its architects but seen by many as yet another calculated stride in a broader agenda of population control, cloaked in the language of science and salvation.

https://finance.yahoo.com/news/ibm-moderna-partnership-could-lead-181500263.html
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A riveting and eye-opening exchange between Glenn Diesen and Henry Tillman reveals how China and Russia are not just participating—but leading—the next great nuclear revolution. As the West drowns in stagnation and bureaucratic decay, the East rises with relentless ambition. The emerging triumvirate of China, Russia, and India is fast reshaping the global power map, setting the stage to seize the economic throne by the dawn of the next decade. This is more than a shift—it’s the making of a new world order.

https://www.youtube.com/watch?v=wSlnZGlHxig
The ‘Regime Changer In Chief’ Lindsay Graham, John McCain’s eager heir, seems hell-bent on torching ties with America’s top trading partners to fuel his war fever. He’s vowed to “crush” the economies of China, Brazil, and India for daring to buy Russian oil—because, naturally, only Western fools gutted their energy stability for Ukraine’s cause. “Keep buying that cheap Russian oil,” Graham sneered in a recent interview, “and we’ll tear your economies apart—it’s blood money, and Trump’s done playing nice.” Oh, the irony: everyone was guzzling Russian oil before 2022, but now it’s a global sin.

https://www.hindustantimes.com/world-news/us-senator-lindsey-graham-warns-india-china-and-brazil-over-russian-oil-crush-your-economy-putin-trump-tariffs-101753118019844.html
Graham, that sly neocon serpent, slithers into the Oval Office, hissing praises for Trump’s tariff schemes and warlike deals, exalting the president as a harbinger of chaos. Trump, once a neutral voice scolding Zelensky’s endless begging, has fallen to the neocon chant.



https://sputnikglobe.com/20250721/hit-russia-hurt-yourself---economist-slams-lindsey-graham-tariff-threats-1122468839.html
Neocon puppeteer Lindsay Graham thinks tariffs can whip China and India—whose combined GDP rivals the U.S.—into submission, as if they’re wayward colonies.

Good luck with that. These nations, wisely staying neutral, have zero reason to care about a war that’s not theirs.



https://www.newsweek.com/russia-china-india-bloc-2100179
Hey there, you beach loungers—yeah, we see you sipping those fruity drinks, and we’re totally jealous but forgiving! The Macro Butler made waves on BFM 89.9 Malaysia’s The Morning Run, diving headfirst into the juicy details of how markets are bracing for a “tarrified” twist and why the great escape from bonds to stocks is still the hottest ticket in town!

https://themacrobutler.substack.com/p/interview-with-bfm-899-malaysia-23072025
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In a world trembling under the shadow of “tarrified” markets, where government bonds fester as cursed relics to be shunned, the US Treasury dared to unleash $13 billion through a reopened 20-year auction. This infernal offering priced at a high yield of 4.935%, a sinister retreat from last month’s 4.942% and the lowest clearing yield since April’s dark days. The auction clawed through the 4.951% When-Issued rate by 1.6 basis points, marking the most malevolent Stop Through since June 2024.
In the shadowed depths of a “tarrified” realm, the bid-to-cover ratio surged with malevolent force to 2.79, up from June’s feeble 2.68, marking its most infernal peak since April 2024 and far surpassing the six-auction average of 2.62. The auction’s dark heart revealed unyielding strength: Indirects claimed a sinister 67.4%, rising from last month’s 66.7% and aligning with the recent average of 68.0%. Directs seized a voracious 21.9%, the most since March’s unholy rites, leaving Dealers to clutch a mere 10.7%, the smallest share since that same cursed month.
Oh, what a shocking triumph for the US Treasury’s latest auction—a real Wall Street fairy tale! While the bankster brigade and their loudmouth pundits keep herding their clients into the so-called "risk-free" asset of yesteryear, this bond bonanza is poised to become the riskiest bet in town once wars start popping off globally.

Bravo, geniuses!
For the third consecutive month, China, once the supreme overlord of US Treasury holdings, has cast aside its allegiance, slashing its hoard to a cursed $756.3 billion from $757.2 billion in April, as revealed by the US Treasury Department’s dark scrolls. This marks the lowest level since the infernal days of March 2009, a foreboding sign of shifting powers in the financial underworld.

https://www.msn.com/en-xl/money/economy/china-cuts-us-treasury-holdings-for-third-month-amid-trade-war-debt-ceiling-fears/ar-AA1IQvDV
In 2013, China was the belle of the US Treasury ball, gripping $1.317 trillion in securities—until it ditched $550 billion by year-end, letting Japan waltz in as the new debt-holding champ. By 2024, China’s hacked its holdings by 30% over four years, slyly buying gold on the cheap while the US played economic hardball, kicking Russia off SWIFT and flexing sanctions.
With tensions over Taiwan and threats of financial warfare, China’s got no reason to cling to the debt of its political foe. It’s like holding a gun to someone’s head and asking for a loan with a pinky promise to repay—genius move, America!
After June’s sugar high, US Manufacturing flash PMI faceplanted to 49.5 in July—its lowest mark this year—while Services strutted to 55.2, its best since December 2024. According to S&P’s economists, this means the economy’s “booming” again at a 2.3% annualized rate... unless it isn’t. The catch? Growth is hanging entirely on the fragile shoulders of the service sector, as manufacturing slumps back into recession territory, dragged down by fading tariff games. Business confidence is circling the drain, inflation is back with a vengeance (thanks tariffs and wage hikes!), and companies are already bracing for more government-induced chaos.
In short: services are sizzling, factories are freezing, and stagflation is quietly setting up camp—because nothing says “economic health” like booming prices and shrinking production.
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In the drowsy ‘daze’ of summer, the ECB showed up just to say... nothing. Rates? Unchanged. Inflation? Magically at 2%. Strategy? The classic “we’ll see.” Domestic pressures are easing, wages are napping, and the eurozone economy is allegedly “okay-ish”—though still hooked up to a ventilator after its leaders enthusiastically drank the economic Kool-Aid back in 2022. Now it all hinges on whether the trade tantrums with Big Daddy America escalate, or if the Ukraine-Russia "Special Operation" spins further out of control. In other words: same circus, same clowns.
In a nutshell, the ECB hit snooze again, clinging to its 2% fairytale while Europe’s economy tiptoes through trade wars and self-inflicted wounds.
A gripping must-listen: Erik Townsend of MacroVoices sits down with Dr. Pippa Malmgren to peel back the curtain on the true agenda behind stablecoins, the calculated moves of the ‘Treasurer-in-Chief,’ and the dark theater behind Epstein, the Russian Hoax, and the Deep State’s long game—from WWII’s aftermath to the brewing storm of WWIII. This isn’t just an interview—it’s a revelation.

https://www.youtube.com/watch?v=JNj6GlCsdRA