Why Capital Flows Research Exists:

Most investors don’t struggle because they picked the wrong stock.
They struggle because their positioning is out of sync with the macro regime.

Capital Flows Research exists to keep you on the right side of the regime.

You will learn how to navigate recession risk, inflation shocks, and credit cycle turns so that months of disciplined investing and trading decisions are not erased in a single week.

By mapping the top‑down forces driving rates, credit, and equities, the goal is simple:
So your trading and investing are in sync with the macro regime instead of fighting against it.

What Capital Flows Research Does:

I map the macro forces that move your portfolio in two main ways:

1. Interest Rate & FX Strategy

I track how the credit cycle, growth, inflation, and liquidity are being shaped by interest rates and policy, and what that means for risk assets.

Each update focuses on:

• Whether the Fed is effectively restrictive or accommodative

• The balance between inflation risk and recession risk

• How global liquidity and cross‑border flows are creating melt‑up or melt‑down conditions

• The impact of rates and FX on major asset classes

The result: you see where the price of money is likely headed and how that path pressures everything denominated in it.

2. Equity Strategy

I show how those same macro forces are driving US equities at multiple levels:

• Index directionality

• Sector and factor leadership

• Fundamentals and margins under different rate/liquidity regimes

• Positioning and flows that fuel rotations

The result: a clear map of directional skew and rotations between sectors and factors, so you know where risk is building and where capital is likely to move next.

The core idea is simple:

If you know where interest rates and the credit cycle are going, you have a massive edge in deciding when to press risk and when to get out of the way.

Everything in this service is built to make that edge usable in 15–20 minutes a day instead of 3–4 hours of fragmented research.

What You Get:

Every trading day, you get a clear macro map you can act on in about 15–20 minutes:

1. Interest Rate & FX Strategy (Bi-weekly)

• Read on the credit cycle, growth, inflation, and liquidity through the lens of rates and policy

• Is the Fed effectively restrictive or accommodative right now

• Balance of inflation vs recession risk

• How global liquidity and cross‑border flows are creating melt‑up or melt‑down conditions for risk assets

2. Equity Strategy (Bi-weekly)

• How macro forces are driving US equities at the index, sector, and factor level

• Impact on fundamentals and margins under current rate/liquidity conditions

• Positioning and flows that fuel rotations, giving you a clear picture of directional skew and where capital is likely to move next

3. Macro Report (Twice Monthly)

• Deep‑dive on structural macro changes, geopolitical shifts, and sovereign balance sheet risks

• Big-picture shifts in the long‑term macro regime that set the backdrop for all shorter‑term moves

The daily notes keep you calibrated to the current macro regime so your positioning reflects how conditions are actually evolving, and the twice‑monthly structural reports give you the deeper geopolitical, sovereign, and long‑term macro context that ultimately drives the path of rates, credit, and equities.

Who This Is For:

This research is built for people who make capital allocation decisions for themselves or others.

My subscribers are portfolio managers, CIOs, proprietary macro traders, wealth managers, family office principals, corporate and real estate decision‑makers, and other active individual traders who are responsible for risk, not just opinions.

What Subscribers Are Saying:

How To Try It:

You can start by evaluating the research in your own process, without committing long term.

Start a 7-day free trial risk-free (CLICK HERE: → LINK)

• Immediate access to the current Interest Rate & FX Strategy, Equity Strategy, and structural macro reports

• Full access to the archive, so you can see how prior work mapped to actual market developments

If it somehow doesn’t fit your process, simply cancel before the trial ends with zero downside, and you pay nothing.

Disclaimers and Risks

1. NONE of the publications are financial advice. NONE of the trade ideas is financial advice. You are responsible for any gains and losses.

2. The analysis can be incorrect. There is a high degree of uncertainty in markets.

3. 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 of whether 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.