top of page


COMMENTARY
MARKET AND ECONOMIC COMMENTARY:
Weekly & Monthly Updates


Global Monetary Base - Update through October 2025 and 2025 Forecast
The team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank reserves, as an indicator of current and future interest rates. This article provides data and insights through October 2025 with data released in November 2025.

InfraCap Management
5 days ago1 min read


ETF Commentary
ETF flows this year are running at record rates with over $1 trillion flowing into equity funds YTD bringing the total equity ETF AUM to 14.6 trillion. Inflows were primary into large cap/tech funds with only 25 billion flowing into Mid-cap funds and a 9-billion-dollar outflow from small cap funds. Fixed income flows were also strong at $445 billion YTD bringing the total fixed income ETFs to over $3 trillion. Most of the flows were into investment grade funds with only

InfraCap Management
Oct 291 min read


September 2025 Commentary and Economic Outlook
Explore the September 2025 Economic Outlook featuring Economy, Stock market projections, bond market analysis, and commodity trends.

InfraCap Management
Sep 164 min read


Global Monetary Base - Update through August 2025 and 2025 Forecast
he team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank reserves, as an indicator of current and future interest rates.

InfraCap Management
Sep 111 min read


Weak Economic Data Supports 3 Fed Rate Cuts this Year
The US economy is weakening and will enter a recession if the Fed does not cut interest rates significantly this year.

InfraCap Management
Aug 32 min read


Trade Deals Imply Significantly Lower Budget Deficits
he US agreement with the EU setting a 15% tariff on most goods sets a floor of at least 15% on all imports with many categories like steel and aluminum having tariffs of 50%

InfraCap Management
Jul 281 min read


July 2025 Commentary and Economic Outlook
Explore the July 2025 Economic Outlook featuring stock market projections, bond market analysis, inflation forecasts, and commodity trends. Get insights on Fed policy, tariff impacts, and the evolving job market.

InfraCap Management
Jul 208 min read


Tariffs Projected to Significantly Lower the Budget Deficit
Tariffs are the equivalent of a sales tax, although, unlike a pure sales tax, exporters and the retail value chain do absorb a portion...

InfraCap Management
Jul 202 min read


Global Monetary Base - Update through June 2025 and 2025 Forecast
The team at Infrastructure Capital Advisors tracks the Global Monetary Base, defined as currency in circulation plus bank reserves, as an indicator of current and future interest rates. This article provides data and insights through June 2025 with data released in July 2025.

InfraCap Management
Jul 201 min read


June 2025 Commentary and Economic Outlook
Explore the June 2025 Economic Outlook featuring stock market projections, bond market analysis, inflation forecasts, and commodity trends. Get insights on Fed policy, tariff impacts, and the evolving job market.

InfraCap Management
Jun 217 min read


Oil Price Spike to Cause Stagnation
We now believe that the recent surge in oil prices will cause an uptick in inflation resulting in stagnation, so we are declaring victory...

InfraCap Management
Jun 182 min read


Claims and PPI Confirm Our StagDeflation Call
Unemployment claims, a critical leading indicator of the job market, increased with weekly claims up to 248k vs. expectations of 242k and continuing claims rising to 1,956k vs. expectations of 1,910k.

InfraCap Management
Jun 121 min read
See Other Top InfraCapStories and Reports


ETF Commentary
ETF flows this year are running at record rates with over $1 trillion flowing into equity funds YTD bringing the total equity ETF AUM to 14.6 trillion. Inflows were primary into large cap/tech funds with only 25 billion flowing into Mid-cap funds and a 9-billion-dollar outflow from small cap funds. Fixed income flows were also strong at $445 billion YTD bringing the total fixed income ETFs to over $3 trillion. Most of the flows were into investment grade funds with only


September 2025 Commentary and Economic Outlook
Explore the September 2025 Economic Outlook featuring Economy, Stock market projections, bond market analysis, and commodity trends.


Weak Economic Data Supports 3 Fed Rate Cuts this Year
The US economy is weakening and will enter a recession if the Fed does not cut interest rates significantly this year.
bottom of page





