Upcoming Event

First Annual West Coast Conference

5/06/2019 To 5/07/2019 San Francisco

Since our founding, our Macro Research team has built its research product on four basic principles:
Utility. Humility. Simplicity. Quality. Coupling rigorous analytical process with intellectual flexibility, Strategas seeks to provide clear and concise research that yields timely and actionable investment conclusions.

The Strategas Capital Markets team leverages decades of experience and the full breadth of our macro research capabilities to provide corporate executives, and their boards, with actionable analytics, good counsel, innovative strategies and superior execution in an increasingly competitive and dynamic marketplace.

The best research is worthless unless it leads to an actionable conclusion. Strategas' “first principles” approach to research and idea generation has generated significant client demand such that the Firm formed Strategas Asset Management,
a registered investment advisor, to offer a range of managed account strategies to leverage the thematic investment conclusions and actionable ideas of the Firm’s macro research teams.

Turning Insight into Action
Our Firm

Our Firm

Strategas is an institutional brokerage and advisory firm serving clients in more than twenty countries around the world. Founded in 2006 by Jason DeSena Trennert, Nicholas Bohnsack, and Don Rissmiller, the Firm provides Macro Research and Capital Markets & Corporate Advisory services to institutional managers and corporate executives and through Strategas Asset Management manages a suite of macro thematic investment strategies by institutional mandate and for ultra and high-net-worth investors.
Today’s Research

Economics

03/26/2019 Rissmiller

Back to Mudde-Thru Macro Data

U.S. housing starts declined -8.7% m/m in Feb, after a strong Jan reading. Single-unit housing permits were flat m/m in Feb, however, which is a bit better performance. A key beneficiary of lower rates should be the U.S. housing sector going forward ... 
Today’s Research

Policy Research

03/26/2019 Clifton

Cannabis Legalization Is Becoming Inevitable

The House Financial Services Committee is moving forward today on legislation to allow banks to offer services to cannabis companies. Today, Strategas is releasing its proprietary cannabis basket consisting of companies that are directly and indirectly benefitting from policy changes in the cannabis industry.
Today’s Research

Technical Research

03/26/2019 Verrone

Backtesting An Inverted Yield Curve 

Nearly every client question we’ve fielded over the last several days has been in regards to the 3-month / 10-year yield curve inversion.  
Today’s Research

Fixed Income Strategy

03/25/2019 Tzitzouris

What's Driving This Ugly Shape?

The shape of the U.S. curve is ugly! Like Cleveland Browns and Buffalo Bills ugly! The curve started the year in a very distorted shape, with semi inversion and a bump, and it is now approaching the infamous “humped shape” seen back in 2006, with a deep saucer appearance in the belly. 
Today’s Research

Economics

03/25/2019 Rissmiller

A Pause that Refreshes?

The inverted U.S. yield curve (3m/10yr) set off alarm bells last week.  This matters because inflation expectations are ebbing.  As such, the Fed is on a long pause, and this dovishness is spreading to other central banks ...