ABOUT
Everyone watches the market. Almost nobody watches what it is standing on.
Prices, jobs, growth, government debt and the cost of money decide the ground everything else is priced on. They are published constantly, by governments, for free — and in a form almost nobody can actually compare. MMAI reads them and turns them into one score per country, rechecked every day.
THE VIEW
Three questions, asked of every economy the same way
A market chart tells you what price something reached. It does not tell you whether the economy underneath was helping or fighting it. These are the three things MMAI asks instead — identically of 6 economies, which is harder than it sounds and is most of the work.
The answers are ranked against 148 market-years of those same economies, 2000–2025. A score of 85 means better than 85% of that record — a position in history, not a mark out of 100.
WHAT IT IS FOR
Questions it can answer today
Most people already feel the economy — rent is up, the job market feels tight or loose, a mortgage costs more than it did. What is hard to tell is whether that is your situation or the situation.
The policy rate set against its own history, not against your memory of it.
Nine economies on one scale, rebuilt so the comparison actually holds.
A rank against 26 years, so you can see where today sits in the record.
Each bank's own objective — five aim at 2%, Australia at 2.5%.
HOW IT IS BUILT
Public data, made genuinely comparable
The inputs are free and public. Making them mean the same thing across six countries is the part that takes the work — and the part almost everyone gets wrong.
Every country headlines a different growth figure — some annualised from a single quarter, one compared against the previous quarter, one not adjusted for inflation at all. MMAI rejects all of them and rebuilds each on the same footing.
Every figure traces to a central bank or a national statistics agency, with its licence terms recorded and its own observation date shown, so you can see how fresh it is. Listed on the Sources page.
The formulas sit on the Learn page as equations. Someone working only from the published files has reproduced a score independently — to nine decimal places, without being told the answer.
Every method change is logged with the old rule, the new rule, the reason, the evidence and the effect on every score — including the changes that were embarrassing.
MMAI measures the economic environment. It is not a forecast, not a trading signal and not investment advice — it has never been tested against market returns and makes no claim about them. It is context for a decision, not the decision. The judgment calls behind the method, and what each one does to the ranking, are set out in full on the Learn page.
GET IN TOUCH
Every message is read personally
Requests, partnership enquiries, or a thought worth sharing. If you think something here is wrong, that is the most useful message you can send.
What this site counts. Visits are counted with Vercel Web Analytics: which pages are read, roughly where from, and on what kind of device. It sets no cookies and records nothing that identifies you. Email addresses are held only if you subscribe, and every email has an unsubscribe link.