Independent market research
Evidence-led research on the forces reshaping public markets. Long-form monthly studies and concise weekly notes, written to explain rather than recommend.
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Every article begins with a falsifiable question, traces the underlying economics, and separates reported facts from our calculations.
Indonesia monetary policy
The rupiah is back above Rp18,000, inflation is near the top of its target, and manufacturing is contracting. We map the three signals behind Bank Indonesia’s July decision.
US market breadth
Narrow AI leadership, rising yields and oil risk will make a technology-led pullback the most likely outcome for 13 to 17 July, with AMD carrying the clearest single-stock risk.