FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
Directory/Alternatives/Capital Wars (Michael Howell)
12 Alternatives Ranked

Capital Wars (Michael Howell) Alternatives

Capital Wars (Michael Howell) is an independent analysis publication covering global liquidity & capital flows, priced at Paid — price not listed with an access model of Paid Subscription. The desks below overlap with it on category, tags or asset class and are ranked on the same Research Authority scale. Nothing here is paid placement.

Data verified 2026-10-04 · 12 desks ranked · independent scoring

#1USAnalysis82/100

Forest for the Trees (Luke Gromen)

Macro, Energy & Fiscal Dominance

Niche · fiscal dominance & energy macro

MacroCommoditiesFX
Paid — price not listed
2016
Visit
#2GBMixed82/100

Macro Hive

Macro & FX Strategy Research

Niche · macro & FX strategy

MacroFXFixed Income
Free + paid tiers
2018
Visit
#3CNAnalysis81/100

Trivium China

China Policy & Regulatory Intelligence

Niche · China policy intelligence

Macro
Paid — price not listed
2018
Visit
#4USAnalysis81/100

ChinaTalk (Jordan Schneider)

China Tech, Policy & Economics

Niche · China tech & policy

Macro
Free + paid tiers
2018
Visit
#5EUAnalysis80/100

Talking Heads Macro

Macro Strategy & Positioning

Niche · macro strategy & positioning

Macro
Free + paid tiers
2022
Visit
#6USAnalysis80/100

Mauldin Economics (John Mauldin)

Macro Thought Leadership

Niche · macro thought leadership

Macro
Free + paid tiers
2004
Visit
#7GLMixed86/100

The Weekly ChartStorm (Callum Thomas)

Visual Macro & S&P 500 Sentiment

Niche · visual macro & sentiment charts

EquitiesMacro
Free + paid tiers
2014
Visit
#8USAnalysis82/100

Thoughtful Money (Adam Taggart)

Macro Interviews & Market Commentary

Niche · macro interviews & commentary

MacroMulti-Asset
Free
2022
Visit
#9USAnalysis82/100

Eurodollar University (Jeff Snider)

Eurodollar System & Monetary Plumbing

Niche · eurodollar system & plumbing

MacroFixed Income
Free
2020
Visit
#10USAnalysis81/100

MacroVoices

Macro Interviews for Institutional Traders

Niche · institutional macro interviews

Macro
Free
2015
Visit
#11USAnalysis80/100

China Beige Book

Independent China Economic Data

Niche · independent China economic data

Macro
Institutional (quote)
2010
Visit
#12USAnalysis78/100

The Fat Pitch (Urban Carmel)

Market Valuation & Sentiment

Niche · valuation & sentiment

EquitiesMacro
Free
2013
Visit

Frequently asked questions

What are the best alternatives to Capital Wars (Michael Howell)?

Forest for the Trees (Luke Gromen) is the nearest match on category, tags and asset class, followed by Macro Hive. The list above ranks 12 overlapping desks by Research Authority Score, which weights primary-source rigour (35%), niche depth (25%), track record (15%), institutional adoption (15%) and transparency (10%).

Is there a free alternative to Capital Wars (Michael Howell)?

Yes — Macro Hive, ChinaTalk (Jordan Schneider), Talking Heads Macro and 6 more publish free or freemium coverage in the same area. Freemium desks are the cheapest way to test whether this niche is worth paying for at all.

What is the closest alternative to Capital Wars (Michael Howell)?

Forest for the Trees (Luke Gromen) shares the most overlap with Capital Wars (Michael Howell) on tags, category and asset classes, and is priced at Paid — price not listed against Capital Wars (Michael Howell)'s Paid — price not listed. Closeness here is measured only on indexed attributes, so it is a coverage match rather than a stylistic one: read both free tiers before switching.

How do I choose between Capital Wars (Michael Howell) and its alternatives?

Match the desk to the decision you actually make, then check three things: the asset class it covers, whether it publishes analysis or actionable positioning, and how long it has been running. Capital Wars (Michael Howell) publishes analysis-style work on global liquidity & capital flows and has been running since 2020; the desks above are ranked on the same basis, so vintage and format are directly comparable.