Capital Flows and Asset MarketsBRUMBY CAPITAL UPDATE20911×Preview0:00Current time: 0:00 / Total time: -0:13-0:13Audio playback is not supported on your browser. Please upgrade.BRUMBY CAPITAL UPDATEA good monthRussell ClarkSep 01, 2025∙ Paid2091ShareSubscribeA surprisingly good month, despite relative tame macro moves.This post is for paid subscribersSubscribeAlready a paid subscriber? Sign inCapital Flows and Asset MarketsExplaining how capital flows and asset markets workExplaining how capital flows and asset markets workSubscribeListen onSubstack AppRSS FeedAppears in episodeRussell ClarkRecent EpisodesIS FERTILITY DECLINING BECAUSE WE DON'T NEED HUMANS FOR LABOUR ANYMORE?19 hrs ago • Russell ClarkMAY UPDATEJun 1 • Russell ClarkIS GLD/TLT DONE?May 28 • Russell ClarkIS THE PRO-LABOUR TRADE WORKING?May 27 • Russell ClarkWHAT'S THE DEAL WITH SOFTBANK?May 26 • Russell ClarkSPACEX, COST OF CAPITAL AND AIMay 22 • Russell ClarkREASON 314 OF WHY YOU SHOULD READ THE ECONOMIST BACKWARDSMay 20 • Russell ClarkTLT IS FINALLY WORKING - SHOULD I DITCH GLD?May 19 • Russell Clark