LOCKED MacroCapture: Tactical Brief – June 2025

Sometimes, inconvenient as it might be, exogenous shocks and the market reaction function can be a useful “tell” on positioning. This is often especially true where positions are over-extended. This price discovery is useful.

___________

To read more of this exclusive content, please log in below. If you have an account but have not purchased access to Macro Capture, click here.

This research was published outside of your 8-week free trial period. Subscribe to gain access to all our research limitation free.

Start the Conversation!

0 Comments

Oldest

Newest Most Voted

Inline Feedbacks

View all comments

More Insights

Thoughts From The Divide: The Anti-Trump Trade (And Other Graceful Exits)

February 26, 2026

This is the final Thoughts From The Divide. It arrives as markets transition — not collapsing or accelerating, just quietly rewriting the narrative that drove

Thoughts From The Divide: I’ll have what he’s having!

February 19, 2026

A couple of weeks back, I mentioned the fact that both the Treasury Secretary and the President’s nominee for Fed Chair had both worked with/for

LOCKED Part II: The End of the Basle 3 “Endgame”

February 19, 2026

Summary In our previous note, “The End of Basel III Endgame” (Dec 16th, 2025), we argued that under the guise of curtailing the discretionary use

This research was published outside of your 8-week free trial period. Subscribe to gain access to all our research limitation free.

Thoughts From The Divide: The Anti-Trump Trade (And Other Graceful Exits)

Thoughts From The Divide: I’ll have what he’s having!

LOCKED Part II: The End of the Basle 3 “Endgame”

Social

Research

Legal

Get in touch

Office Hours