What moved is obvious.
What comes next takes work.

The Crown Macro Letter looks at the forces behind the move, the cross-market links, and what the market is really saying.

CROWN MACROGet the reaction
to the headline.

What we trade: Equities, Energy, Commodities, Rates.

Portrait of Crown Macro founder
01

The setup

What is driving the market conversation and why the obvious explanation may be incomplete.

02

The connection

How developments across rates, equities, commodities, and policy can change the read.

03

The trade expression

How Crown Macro frames a market view and the picks the best tool for the trade.

Financial markets
are in our DNA.

Crown Macro's founder began in energy futures at the New York Mercantile Exchange. He later worked in repo and basis trading at Barclays and served as Director of Futures Relative Value at UBS.

That cross-market perspective informs Crown Macro's research and commentary today.

Learn how markets work.

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Published by Nicholas Crown Enterprises LLC. Crown Macro is an impersonal publication for educational and informational purposes. It is not personalized investment advice or a recommendation to trade. Markets involve risk, including loss of principal. Views and positions may change. Published levels and risk frameworks do not guarantee execution or results. Review the official offer and terms before subscribing.