Independent Macro Research & Advisory
Independent research on macroeconomics, markets and asymmetric opportunities — informed by the same work that guides select private client portfolios.
Research & advisory by Archit Nigam.
Latest Research
The AI trade has been all about chips, models and hyperscaler capex. But the real bottleneck — and the real winners — may sit upstream, in the uranium and copper needed to power it all.
12 min read
I know the title sounds provocative. That's intentional. Hear me out. Once we connect the dots, I think the argument becomes much more compelling. The AI boom has been one of the defining investment stories of the past few years.
14 min read
A follow-up to “Can Crude Oil Trigger the AI Bubble Pop?” My previous article looked at how a prolonged oil shock could threaten the AI boom through inflation and higher interest rates. But there is another domino that I think investors should be watching closely: Japan.
12 min read
Economic Calendar
Inflation, rates and growth releases across the US, Japan, the Euro Area, Germany, France, the UK and India.
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Research Themes
MACRO
Growth, inflation, rates and the cycles that drive them — read against consensus.
ENERGY
Oil, gas and power as the binding constraint on the modern economy.
GEOPOLITICS
Chokepoints, alliances and the repricing of political risk in markets.
JAPAN
The end of zero rates and the unwind of the world's largest carry trade.
AI & TECHNOLOGY
Separating the economics of AI from the narrative — capex, energy and returns.
COMMODITIES
Underinvested supply meeting structural demand across metals and resources.
Investment Philosophy
Infy Macro takes a contrarian, value-oriented approach to markets. We look for structural shifts the market hasn't priced, risks the consensus has stopped discussing, and opportunities where expectations are simply wrong.
The edge isn't faster information — everyone has that. It's the willingness to hold an uncomfortable position before it becomes obvious, and the discipline to size it properly when the asymmetry is real.
These ideas also inform a small advisory practice serving private clients who want the same framework applied to their own capital.
About
Infy Macro is an independent research platform focused on global macroeconomics, markets, commodities, geopolitics and structural investment themes. We also advise a small number of private clients on portfolio strategy and capital allocation.
Research and advisory by Archit Nigam.
For advisory inquiries: info@infymacro.com
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