Capital Flows Publication:
Capital Flows is where the full spectrum of macro flows through the economy and financial markets is broken down, leveraging the informational edge to execute home run trades across rates, FX, and risk assets that achieve exceptional returns.
When you trade with leverage, size, and conviction, the margin for error becomes incredibly narrow. This demands precision and discipline because it takes courage to ride a winner. Volatility exists to take money from the weak and give it to the strong.
A comprehensive suite of articles has been written, covering macro flows, asset class primers, identifying asymmetrical trades, and employing risk management. These form the foundation for the informational edge used in financial markets to execute high-conviction trades:
What Is Capital Flows About?
At Capital Flows, a comprehensive suite of systematic models is employed, quantifying every economic data point across the global macro landscape. Using these models, a suite of trading strategies covering interest rates, FX, and all major assets across the risk curve is implemented. These strategies provide a clear view of how the risk-reward of each asset dynamically develops through the changing macro regimes.
The Paid Version of the Substack includes the following:
Structure of Articles:
Macro Reports: These reports break down how the macro regime is evolving and quantify all economic data points, directly connecting them to each asset class. They offer a comprehensive view of the economic landscape, linking data points to an informational edge across interest rates, FX, and risk assets. These reports provide a holistic picture of the macro regime and how to contextualize each asset within it.
Alpha Reports: These reports build on the foundation of the macro reports, diving into the generation of alpha through both systematic and discretionary strategies. They analyze how the risk-reward profile of interest rates, FX, and assets across the risk curve is dynamically developing within the macro context, leveraging the informational edge to identify the most asymmetrical opportunities.
Trades: These reports detail specific trades I’m executing, grounded in both the macro research and alpha strategies. Each report will break down the rationale behind the trade, the timing, risk management, scenario analysis, and redundancy planning to ensure a comprehensive approach to managing both risk and reward.
While free trials are available, all payments for the paid version are final and refunds are not available.
If you want to inquire about bespoke research or strategies, please email capitalflowsresearch@gmail.com. (These spots are limited).
SpearPoint Equity Alpha Partnership:
Myself and
have a partnership which is a separate publication from the main Capital Flows Macro research. In SpearPoint Equity Alpha, we focus on connecting the top down macro views with broad beta, sector skew and single name trades. is one of the best single name equity traders I know and I would encourage you to follow his work! Check out our intro podcast below:
Disclaimers and Risks
NONE of the publications are financial advice! NONE of the trade ideas are financial advice! You are responsible for any gains and losses!
The analysis can be incorrect. There is a high degree of uncertainty in markets.
Hit ratio and risk management: In trading, the best money managers in the world have a hit ratio (number of trades they get right / number of trades they get wrong) of 50-60%. This means half of the ideas or trades that are implemented will either lose money or get taken off. Risk management and position sizing bets are the only way to consistently make money over time. This is true regardless if you are a long-term investor or short-term trader.
The information on this website/Substack is for information purposes only. It is believed to be reliable, but Capital Flows does not warrant its completeness or accuracy. The information on the website/Substack is not intended as an offer or solicitation for the purchase of stock or any financial instrument. The information and materials contained in these pages and the terms, conditions and descriptions that appear, are subject to change without notice. Unauthorized use of Capital Flows websites and systems including but not limited to data scraping, unauthorized entry into Capital Flows systems, misuse of passwords, or misuse of any information posted on a site is strictly prohibited. Your eligibility for particular services is subject to final determination by Capital Flows and/or its affiliates. Investment services are not bank deposits or insured by the FDIC or other entity and are subject to investment risks, including possible loss of principal amount invested. Your use of any information which is proprietary to Capital Flows or a third-party information provider shall only be used on individual devices without any right to redistribute, upload, export, copy, or otherwise transfer the information to any centralized interdepartmental or shared device, directory, database or other repository nor to otherwise make it available to any other entity/person/third party, without the prior written consent of Capital Flows.
