Macro Commentary and Annual Outlooks by Dave Collum

Dr. David B. Collum is the Betty R. Miller Professor of Organic Chemistry at Cornell University, where he has taught since 1980. With a Ph.D. in chemistry from Columbia University, Collum has authored over 70 peer-reviewed papers in organometallic chemistry and computational modeling. Since the early 2010s, Collum has emerged as a prominent figure in the alternative finance space, offering deep macroeconomic analysis across platforms that blend traditional markets, gold, and Bitcoin theory.

In 2025, Collum participated in more than 150 interviews and podcasts, including five episodes of "The Bitcoin Matrix," where he dissected the structural integrity of Bitcoin custody, multi-signature vaults, and the inherent flaws of fiat-based risk systems. His macro-finance year-in-review thread, published annually since 2010, consistently garners 1M+ views on X and is considered a benchmark summary among independent financial analysts.

Collum maintains that Bitcoin is the most resilient form of non-sovereign money in existence and critiques both centralized exchanges and regulatory capture. While not affiliated with any crypto company, he is a vocal advisor to independent custody researchers and contributes frequently to Bitcoin conferences, including Bitcoin2024 and the Pacific Bitcoin Summit. Collum’s cross-domain authority, combining academia, chemistry, and Bitcoin, makes him a rare and respected intellectual voice in the decentralized finance landscape.

  • Alena Volkova
  • 21 hours ago
Dave Collum: AI economic support claims questioned as debt concerns grow
Dave Collum, professor and financial commentator, questioned assertions that artificial intelligence is supporting the economy. Collum stated that, in his view, current economic conditions are ...
  • Mykhailo Ihnatenko
  • 21.10.2026
Equities form about 1 percent of Harvard endowment, Dave Collum notes
Equities represent a near single digit percentage, around 1 percent, of Harvard’s endowment. Dave Collum, a professor and financial commentator, observed that broader asset allocation details ...
  • Yaroslav Dmytrenko
  • 20.10.2026
Dave Collum: Calling for a devastating bear market with unknown duration
Dave Collum, identified as a professor and financial commentator at Cornell University (Dave Collum), stated that while he rarely predicts a market crash, he is now calling for a devastating bear ...
  • Igor Krasulya
  • 16.10.2026
AI trade keeps falling without sign of correction, Dave Collum notes
The ongoing decline in the AI trade does not yet justify the use of the term correction, according to Dave Collum, professor emeritus at Cornell University and financial commentator. Collum ...
  • Eugene Komchuk
  • 08.10.2026
Dave Collum: Outlook on equity market drops in next major bear market
Dave Collum, professor and financial commentator at Cornell University (Emeritus), asks followers to consider their most optimistic and pessimistic expectations for percentage declines in equity ...
  • Yaroslav Dmytrenko
  • 02.10.2026
Grocery prices rise to around $10 for salad and bacon, Dave Collum notes
Dave Collum, professor and financial commentator at Cornell University (Emeritus), shares observations on the impact of inflation on everyday consumer goods. Collum reports that assembling a ...
  • Pavlo Kot
  • 30.09.2026
Dave Collum: Questioning claim that rising bond yields do not affect equities
Dave Collum, professor and financial commentator at Cornell University (Emeritus), challenges the notion that rising bond yields have no effect on equities. Collum describes this belief as ...
  • Elena Nikulina
  • 28.09.2026
Gold and treasury yields may both respond to growing inflation, Dave Collum argues
Dave Collum, professor and financial commentator at Cornell University (Emeritus), argues that gold and treasury yields should increase simultaneously as both are reacting to rising inflation. ...
  • Pavlo Kot
  • 22.09.2026
Dave Collum: CPI averaged 2.0% since 2000 while M2 growth hit 6.5%
Dave Collum, professor and financial commentator at Cornell University (Emeritus), compares official U.S. CPI and M2 money supply growth since 2000. He states CPI averaged 2.0% annually from ...
  • Pavlo Kot
  • 14.09.2026
Politically driven props may be behind current market plateau, Dave Collum suggests
Dave Collum, professor / financial commentator at Cornell University (Emeritus), raises concerns that current market trends may be sustained by politically influenced, price-insensitive forces ...
  • Yulia Slavina
  • 13.09.2026
Dave Collum: Market dynamics spark civil bull-bear debate
Dave Collum, professor / financial commentator at Cornell University (Emeritus), highlights a discussion between Lance Roberts and Adam Taggart on current market trends. He points to an emerging ...
  • Pavlo Kot
  • 09.09.2026
Apple revenue up 100% while shares surge 1000% over 10 years, Dave Collum notes
Dave Collum, professor / financial commentator at Cornell University (Emeritus), questions the disparity between Apple’s revenue growth and its share price performance over the past 10 years. ...
  • Oksana Koneva
  • 08.09.2026
Dave Collum: PEG ratio more unreliable due to five-year forward growth estimates
Dave Collum, professor / financial commentator at Cornell University (Emeritus), questioned the reliability of the PEG ratio when calculated using five-year forward growth estimates. Collum ...
  • Eugene Komchuk
  • 05.09.2026
U.S. faces irreversible debt and obligation issues, Dave Collum notes
Dave Collum, professor / financial commentator at Cornell University (Emeritus), comments on discussions between Lyn Alden and Luke Gromen with BTCsessions about the U.S. being past the point of ...
  • Pavlo Kot
  • 04.09.2026
Dave Collum: Price discovery and market commentary in early Twitter era
Dave Collum, professor and financial commentator at Cornell University (Emeritus), reflects on the evolution of price discovery in financial markets. He recalls the early days of Twitter when ...
  • Andreas Kristo
  • 31.08.2026
Finance bubbles compared to turtles all the way down, Dave Collum notes
Dave Collum, professor and financial commentator at Cornell University (Emeritus), draws attention to what he describes as persistent bubbles in the finance world. He references a discussion ...
  • Hlib Chabaniuk
  • 30.08.2026
Dave Collum: Economic elite perspective on national debt and self-owed obligations
Dave Collum, professor / financial commentator at Cornell University (Emeritus), questions the economic elite's stance that national debt is less concerning if it is owed internally. Collum ...
  • Oleg Tkachenko
  • 26.08.2026
Bear market will end when finance sites change focus, Dave Collum notes
Dave Collum, professor and financial commentator at Cornell University (Emeritus), suggests that the end of the next serious bear market will be signaled when a well-known figure is no longer ...
  • Andrey Mastykin
  • 19.08.2026
Dave Collum: 11.5 percent year-to-date gain is not a curse
Dave Collum, professor and financial commentator at Cornell University (Emeritus), challenges the notion that an 11.5 percent year-to-date return is problematic. Collum suggests expectations of ...
  • Eugene Komchuk
  • 15.08.2026
Private equity could cause significant losses for insurers, Dave Collum warns
Dave Collum, professor / financial commentator at Cornell University (Emeritus), comments on a discussion between @rcwhalen and @JuliaLaRoche about the substantial risk that private equity may ...
  • Ivan Andriyenko
  • 12.08.2026
Dave Collum: Fed supporting 3.4% inflation is misguided
Dave Collum, professor / financial commentator at Cornell University (Emeritus), questions the Federal Reserve's tolerance for a 3.4 percent inflation rate. Collum suggests the Fed is either ...