Intelligence that moves before the market does
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What is Perspicacity
A daily brief that reads the market
so you don't have to.
Every morning at 6am EST, Perspicacity synthesizes overnight macro developments, central bank signals, and geopolitical shifts into five ranked signals — each with a clear trade lens and upcoming catalyst. Configured around the themes that matter to you.
How it works
01
Configure your themes
Select the macro themes, geographies, and asset classes that matter to your strategy. Perspicacity filters everything else out.
02
Receive your brief
At 6am EST, five ranked signals arrive in your inbox and on your dashboard — each sourced, analyzed, and ready to act on.
03
Track your thesis
Every signal is stored in your archive. Watch how themes evolve, track catalyst outcomes, and build a picture of the market over time.
Sample signal
01
Warsh's inaugural FOMC signals a rate hike bias — the dovish pivot trade is officially dead.
Rates Macro Equities
High
Summary
The FOMC held rates steady but the dot plot's median projection sits a quarter-point above the current target range, explicitly telegraphing a hike remains live. Warsh abstained from submitting his own rate forecast — a deliberate signal of independence that markets are reading as asymmetrically hawkish.
Trade lens
Directionally short duration via puts on long-dated Treasuries. Front-end options are the cleaner expression given the 2Y is most sensitive to Warsh's repricing. This trade is invalidated if Warsh walks back the hawkish tone in subsequent communications.
Catalyst
Fed speaker appearances this week — any public rate guidance from Warsh himself would be the decisive data point.
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