systematicwe systematically uncover and explore connections between global macroeconomic conditions and financial markets.
fundamentalwe focus on fundamental data because we believe shifts in macroeconomic conditions drive the relative performance of markets.
scientificwe approach investing and data modeling using the scientific method — observe, hypothesize, test, iterate.
our philosophywe believe fundamental, macroeconomic shifts drive markets over the medium-term we search for connections in macroeconomic and financial data that move markets across economies and time. through advanced data analytics and machine learning, we are able to see patterns that others do not. our quantitative assessment of economies is shaped by our own intuitive, fundamental understanding of how markets and economies behave.
who we arewe believe the best ideas emerge from a diversity of thought and experience r-squared combines the brightest minds from various academic and professional fields to question assumptions, solve problems, and challenge convention. by approaching problems differently and without bias, we derive novel solutions and generate lasting value for our clients.
we are diverse curious driven
our researchexplore our daily research, covering major macroeconomic and financial developments across 40 major markets
Fed Regains Course
The Fed revisits a rate hike in 2016, pressuring peers to meet market expectations. What did the Fed do? Balanced, but hawkish. In its June statement, the Fed emphasized the impending Brexit referendum as a key risk to its outlook. Coupled with a lackluster employment print, this dovish communication sent expectations for ..
Shifting Expectations from the Fed
With the fallout from Brexit largely contained, the Federal Reserve may present a less cautious outlook for the U.S. economy in this week’s FOMC meeting. What risks concerned the Fed in June? Brexit. Against a backdrop of slowing global growth, deteriorating central bank ammunition, and mounting political instability, the risks surrounding Britain’s ..
Oil Falter Highlights Fragile Sentiment
Oil prices fall ahead of this week's potential risk-off environment. What happened? Oil stumbles. Although the oil supply outlook has not improved, risk-on sentiment has lifted benchmark prices this year. Furthermore, OPEC projects that its competitors will cut supply, lifting global prices next year. However, recent data contest OPEC's outlook: U.S. oil rigs and storage have ..
Fed and Bank of Japan This Week
The Fed weighs a more optimistic backdrop while the Bank of Japan faces its deteriorating inflation outlook. Fed post-Brexit. In the Fed’s June policy meeting, the Bank stressed external risks – particularly Brexit -- on its outlook. This caution immediately suppressed market expectations for U.S. rate hikes, and investors see less than ..
Risk-On Clouds ECB Policy
The risk-on rally in the wake of Brexit muddies expectations for European monetary policy. What's happening in Europe? Contrasting data. On Tuesday, the IMF downgraded its U.K. growth forecasts, suggesting that the U.K. economy is likely to enter a recession. However, in contrast to the IMF report, the Bank of England released a ..
Brazil’s Inflation Battle
High inflation prevents a rate cut in July, but the Central Bank of Brazil (Copom) could ease in August. How does the Brazilian economy fair? Persistent recession. The Brazilian economy is mired in fiscal overspending as drivers of growth recover post-commodities boom. Interim President Michel Temer is just beginning to deploy necessary subsidy and government spending cuts, ..