Install the Macro Hive app
Sign-up for a Slack account then enter our Slack chat room.
Monetary Policy & Inflation | US
Dominique Dwor-Frecaut
Since the April FOMC, there has been no progress on disinflation and no evidence of a macro impact of a credit crunch, yet the Federal Reserve (Fed) has decided to stay on hold next week.
Richard Jones
Eurozone (EZ) CPI readings, both headline and core, are coming in softer, with the most recent data below consensus estimates.
John Tierney
Investment grade and high yield corporate bond spreads are trading in a narrow range, in line with equity volatility.
Sam van de Schootbrugge
A new FEDS working paper uses Twitter chatter to build a measure of credit and financial market sentiment. The authors use Keyword Clustering alongside FinBERT to assign sentiment scores to tweets. They then average over tweets to create sentiment indices at different frequencies.
Bilal Hafeez on Aljazeera TV
Week Ahead
Conversations with Bilal Hafeez
We consolidate our favourite biases into one, easy-to-read, weekly report! Please find the original pieces linked throughout and a summary table at the end of the document. Reach out to us on Slack or email the author with any questions about the content.
This month, we expand the coverage of our asset class views and provide further granularity in each component.
We consolidate our favourite biases into one, easy-to-read, weekly report! Please find the original pieces linked throughout and a summary table at the end of the document. Reach out to us on Slack or email the author with any questions about the content.
Economics & Growth | Other
Sam van de Schootbrugge
A new FEDS working paper uses Twitter chatter to build a measure of credit and financial market sentiment. The authors use Keyword Clustering alongside FinBERT to assign sentiment scores to tweets. They then average over tweets to create sentiment indices at different frequencies.
Richard Jones
Eurozone (EZ) CPI readings, both headline and core, are coming in softer, with the most recent data below consensus estimates.
Henry Occleston
ECB hawkishness has been pared lately, despite the main voices continuing to reject that underlying inflation is falling.
John Tierney
For all the hot air it generated, markets were correct to simply ignore the ongoing drama around the debt ceiling and outlook for Federal Reserve (Fed) policy.
FX | Global | Monetary Policy & Inflation | US
Richard Jones
Currency indices traditionally measure the value of a specific currency against a basket of other currencies. Currency indices are mostly constructed on a trade-weighted basis and are used by central bankers and other policymakers to gauge the value of their domestic currency against the others.
Macro Hive
We explain how defensive stocks can help protect your investments during market downturns. By combining defensive stocks with other types of stocks, such as growth stocks or value stocks, investors can create a diversified portfolio.
John Tierney
After more than a decade of relative calm in the banking sector, the Silicon Valley Bank (SVB) crisis was a wake-up call and reminder that bank runs and failures can still happen.
Macro Hive
We explain what a stock split is and the advantages and disadvantages for investors. We also look at several big recent stock splits such as the Apple stock split and the Amazon stock split.
Deepak Gurnani is the Founder and Managing Partner of Versor Investments - $2bn quantitative investment firm. Deepak is the former CIO of Investcorp’s Hedge Fund Group and was one of the founding members in 1996.
Jim Rogers co-founded the Quantum Fund, a global-investment partnership. During the next 10 years, the portfolio gained 4200%, while the S&P rose less than 50%. Rogers then decided to retire – at age 37.
Stefan Jansen is the author of the widely read ‘Machine Learning For Algorithmic Trading’. He is the founder and Lead Data Scientist at Applied AI. He advises Fortune 500 companies, investment firms and startups across industries on data & AI strategy and developing machine learning solutions.
Before starting Macro Hive, Bilal was Global Head of International Fixed Income Strategy at Nomura, and Head of Multi-Asset Research and Advisor to the CEO at Deutsche Bank. Bilal started his twenty-year career at JP Morgan. Academically, Bilal was an Honorary Visiting Professor of Finance at Cass Business School and studied Economics at St Johns College, Cambridge.
Andrew spent over 25 years in finance on both the buy and sell side. He co-founded Eschaton Opportunities, a $100 million hedge fund focused on global thematic value investing. Earlier in his career, Andrew led JP Morgan's institutional sales business across foreign exchange and emerging markets in Europe, ran Lehman's global derivative sales business, and managed Deutsche Bank's European currency option trading and derivative research business.
Spring sale - Prime Membership only £3 for 3 months! Get trade ideas and macro insights now