Weekly
Cross asset macro outlook
A written macro view on 13 asset classes, with the reasoning stated plainly and the level of conviction attached to it.
See the format →Independent macro research
13 asset classes, every week, since 2022
All 13 markets, rewritten every week. Each one opens with the direction, the strengths of the argument and the weaknesses set against it.
No card. Opens on the first click.
Macro research services
Each format exists because a different person inside an investment firm needs it: the portfolio manager during the week, the investment team once a month, the adviser with a client on the phone.
A written macro view on 13 asset classes, with the reasoning stated plainly and the level of conviction attached to it.
See the format →Cross-asset strategy · Monthly
The fiscal limit on policy, the quality of index earnings and the turn in the dollar cycle.
28 pages and 24 sourced exhibits, print ready, built for the meeting where the decision actually gets made.
Read the sample →The cross asset data the research is built on, kept current and open from the first click.
Open the dashboard →Who our macro research is for
Between $200 million and $2 billion under management there's rarely a macro analyst on the payroll, and there's always a client asking what the house thinks.
Research methodology
Every claim ends up inside a frame: a chart or a table, the third party source named on the left, our name on the right as publisher. 13 markets are read before a single line is written, and what survives that reading is what gets published. If a number can't be sourced, it doesn't get published at all.
The same frame runs through the monthly report, the weekly outlook and this website. It's why a client can lift a page out of the PDF and put it in front of their own investor without editing anything.
Read the methodology →On the record
Each dot is 1 published edition, from the first one outwards. It's a record of publication, not of performance: no view, level or return is plotted here.
Every call is dated and archived, including the ones that aged badly. A view you can't check afterwards isn't a view, it's marketing.
The analyst
Macro Mornings research is written by Alessandro. No research department behind the byline and no ghostwriter: the person who builds the model publishes the view and takes your call.
Macro insights
The open archive: 211 macro notes, all indexed, all free to read. This is what brings most readers to Macro Mornings in the first place.
Over the last few days, as I went through the charts I’m sharing with you today, I kept coming back to the same thought: this is not a market sending a single message. It is.
Read →Over the last few days, as I went through the charts I’m sharing with you today, I kept coming back to the same thought: this is not a market sending a single message. It is.
Read →There are moments in markets when the screen tells only a fraction of the truth. The index may look relatively stable. The daily move may not appear dramatic enough to justify.
Read →Next step
Bring the mandate you're trying to defend, or the client question you keep being asked. If this isn't the right input for it, you'll hear that on the call.
Meet Alessandro →45 minutes, one to one. If it isn't the right fit, you'll be told on the call.