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Research Note

02 / June 8, 2026 / 4 min read

Macro Regime Map

A working map of inflation, growth, rates, credit, commodities, and risk appetite used to understand where markets sit in the cycle.

Question

Which regime are markets actually pricing: inflation, disinflation, reflation, or financial stress?

The map compares rates, credit spreads, currencies, commodities, earnings expectations, and market breadth to avoid relying on a single macro narrative.

Allocation Use

The framework helps determine portfolio balance across cash, equities, commodities, digital assets, and hedges when macro conditions become more fragile or more supportive.

What Would Change The View

The map changes with the data: a reversal in inflation, a credit event, or a material shift in growth and labour-market conditions can alter the regime assessment.

This note is a public research framework, not investment advice or a recommendation to buy or sell any asset.