S&P 5007,659.44-1.09%Nasdaq26,140.03-2.15%Dow52,002.41-0.34%Nikkei 22565,324.29+1.39%Hang Seng24,186.83+0.52%EuroStoxx 506,204.23+0.58%Dollar (DXY)101.84-0.16%EUR/USD1.12-0.17%USD/JPY157.96-0.12%GBP/USD1.33+0.27%USD/CNY6.68-0.21%US 10Y yield5.10+1bpUS 5Y yield4.90+0bpGold4,181.10+0.26%Silver57.31+0.82%Copper6.57+0.95%Platinum1,633.10+1.39%Palladium1,118.60-0.21%WTI99.02+1.07%Brent109.86+3.72%Henry Hub3.12-3.71%Gasoline3.14-1.13%Heating oil4.72-2.53%Wheat660.50-1.42%Corn474.25-0.78%Soybeans1,261.25-0.14%Coffee305.55+3.65%Sugar20.85-1.33%Cocoa5,686.00-2.49%Cotton80.00-0.07%Lithium ETF64.05-2.32%Uranium ETF35.43-1.91%Rare Earths ETF54.23-2.71%Copper Miners ETF79.98-1.05%Bitcoin81,038.58-0.42%Ethereum2,363.30-1.52%Solana101.86-1.41%S&P 5007,659.44-1.09%Nasdaq26,140.03-2.15%Dow52,002.41-0.34%Nikkei 22565,324.29+1.39%Hang Seng24,186.83+0.52%EuroStoxx 506,204.23+0.58%Dollar (DXY)101.84-0.16%EUR/USD1.12-0.17%USD/JPY157.96-0.12%GBP/USD1.33+0.27%USD/CNY6.68-0.21%US 10Y yield5.10+1bpUS 5Y yield4.90+0bpGold4,181.10+0.26%Silver57.31+0.82%Copper6.57+0.95%Platinum1,633.10+1.39%Palladium1,118.60-0.21%WTI99.02+1.07%Brent109.86+3.72%Henry Hub3.12-3.71%Gasoline3.14-1.13%Heating oil4.72-2.53%Wheat660.50-1.42%Corn474.25-0.78%Soybeans1,261.25-0.14%Coffee305.55+3.65%Sugar20.85-1.33%Cocoa5,686.00-2.49%Cotton80.00-0.07%Lithium ETF64.05-2.32%Uranium ETF35.43-1.91%Rare Earths ETF54.23-2.71%Copper Miners ETF79.98-1.05%Bitcoin81,038.58-0.42%Ethereum2,363.30-1.52%Solana101.86-1.41%

Read the terminal

Everything here is computed from official sources at build time, and every call we publish is scored in public 28 days later — including the ones we get wrong. Two plans, each billed monthly or annually at a lower monthly rate. A card is required at signup; there is no other way in.

Forecast scorecard

calls resolved

31 independent; from our own ledger

ours hit

43/81

independent 21/31; base rate 38/81

Brier score

0.275

below the base rate's 0.290; lower is better

n is small: 81 resolved calls, 31 of them independent (bets on one series whose 7-day windows overlap count once), is a running tally, not a track record. A hit means the stated side of 0.5 matched the outcome. See every call, including the misses

Pro

$200/month

or $167 a month billed annually ($2,000 a year). Renews automatically. Cancel anytime before renewal.

Follow the day.

The regime call, in full

Our headline macro-regime read with every indicator vote behind it, which abstained, and the split.

Cross-asset tape and calendar

37 instruments across equities, FX, rates, metals, energy, ags and crypto; releases with beat/miss against expectations.

News, macro wire, policy wire,, news-markets

60-item curated wire, the policy and intel feeds, the cited AI brief and the event timeline.

Macro stress, composites, convergence, changes

The stress index with its components, per-category scores with every driver, and what moved since yesterday.

Our track record and the 121.7M-trade calibration study

Every signal scored 28 days later against a base-rate benchmark, including the misses; the full study.

Daily commentary in full

Every section of the day's edition, not the first paragraph.

Every desk's charts

The Read view of every pane on the commodities, rates, FX, equities, crypto and systematic desks: the chart and its headline figures. The history, data and method tabs and the decomposition trees are Full Access.

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Full Access

$1000/month

or $833 a month billed annually ($10,000 a year). Renews automatically. Cancel anytime before renewal.

Everything in Pro, plus how it was computed.

The analytical panels

VRP, funding, COT, options, energy, metals, curve, Fed path, fair value, forecasts, the model book, the predictions board, supply chain.

The learned regime engine

Sparse jump model on 4,267 days, online inference, cross-checked against PELT break dates and a Markov-switching model; the regime agreement index and its 48 episodes.

Every desk in depth, and every per-name page

Behind each desk chart: its history and past analogs, the data table and the method, on commodities, rates, FX, equities, crypto and systematic — with the ROIC and energy trees filled to the leaf.

Models and factors

SHAP attributions, the factor model with its folds, ownership cohorts, the series lab, cross-asset factors, the full cross-section.

Weekly and monthly reports

The complete reports, not the teaser.

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What a visitor sees without a plan

The landing page, this page, the research method page with live counts, the first paragraph of each day's commentary, and a teaser row for every panel that states how many rows and fields are withheld. The withheld rows are absent from the page, not hidden with CSS — check in view-source, and we would rather you did.

What we will not do

We will not blur a number we have not computed. Where a panel is gated, the rows are absent from the page you are reading, not hidden.

We will not quietly drop a bad forecast. The track record includes every call, and the scoreboard compares us against the base rate, which is the benchmark that can actually embarrass us.

We will not sell a data feed we do not control. Everything is computed here, from sources named on the page.

Evidence grades. Every figure on this site carries a grade assigned by the validation layer, not by the author: D a descriptive fact computed from the record; C a historical distribution with its sample count; N a hypothesis tested and unable to beat chance under the stated control; T a tested-positive claim under the full protocol — none exists as of this build, which is why no forecast appears. Nulls are published in the null-result registry. MacroTerminal is a research publication and is not investment advice; nothing here is a recommendation to buy or sell anything. Grades and as-of dates are on every chart.

How the figures on this page are constructed is proprietary. For methodology questions, write to e@finkfi.com.