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The macro moves
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coming — explained clearly.

Join readers getting in-depth analysis on global macro trends, equities, and the signals that move markets — including a proprietary recession indicator updated every month.

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What you get

📡

Proprietary recession indicator

A custom-built model updated every month that flags recession risk and significant market pullbacks — before they hit.

📊

Market outlook

Monthly equity market analysis with macro context — where we are, what's driving it, and what to watch next.

💧

US liquidity monitor

Monthly update on US liquidity conditions — the single most underappreciated driver of market direction.

🗂️

Model portfolio

One active and one passive portfolio — real positioning, updated as conditions evolve.

🔍

Trend spotlight — every two weeks

One deep-dive per fortnight on an emerging macro or market trend that deserves serious attention. The kind of insight most investors only read about after the move has already happened.

Who writes this

SM

Sonny Mulder

Professional investor and lead macro analyst at Market Vision Capital. Since 2013, Sonny has built a 35% CAGR track record by focusing on the macro signals most analysts overlook — liquidity cycles, recession risk, and cross-asset flows that move before consensus catches on.

35%
CAGR since 2013
12+
Years of live track record
100%
Independent research

Recent issues

Oil: The Crude Velocity Trap
What rising oil prices actually signal for equities and the broader economy
Fiscal vs Monetary Policy
What's currently driving markets and money flows — in plain language
The new Moat in Town: Energy
Why energy is becoming the defining constraint of the next decade

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