Problems

A 3% growth rate can be strong in one country and weak in another. Each country runs at a different historical normal, so numbers are not directly comparable across borders.

A weak report in one country might be noise. The same weakness appearing across economies is a macro signal.

Large institutions build them with in-house macro teams. Replicating that work requires both global macro investing experience and the data engineering to operationalize it.

Solution

Navigate the world's macro at scale.

We turn raw macroeconomic data into comparable cross-country signals,
serving professional investors in global capital allocation.

Macro Navigation data table with countries as columns and standardized macro signals on a uniform color scale

License includes weekly data file updates, methodology documentation, and access to the navigation terminal.

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01Methodology

How the signals are built.

The first decision was which macroeconomic indicators matter to a global investor and which to leave out.

Chosen indicators are then standardized, so a +1.5 in Brazil is the same distance from normal as a +1.5 in Korea.

From there, you can see which countries stand out, and how broadly a move is shared across them.

02Coverage

Data organised in 5 macro modules containing 30+ indicators covering up to 41* economies, including global aggregates. Several decades recorded.

MN GDPWhich economies are accelerating and which are slowing, and how broad is global growth?Quarterly
MN Business Activity SurveysWhat are private sector surveys signaling about growth across manufacturing, services, and composite business activities?Monthly
MN Composite Leading IndicatorsWhere do leading indicators sit relative to trend, and where is momentum building or fading?Monthly
MN Money SupplyWhere spendable private-sector money is expanding or contracting, and whether the global money pool is growing or shrinking.Monthly
MN Eurodollar CreditWhere offshore dollar funding is expanding or tightening.Quarterly
MN Broad Credit ImpulseWhere the pace of total credit creation is speeding up or slowing down.Quarterly
MN CPIWhere the Consumer Price Index is running hot or cooling.Monthly
MN Policy Rates & Bond YieldsWho is tightening, who is easing, where real rates sit, and where yield curves and sovereign spreads stand.Monthly
MN Exchange RatesWhich currencies are making extreme moves against the dollar, and which are over or undervalued in real terms.Monthly
MN Equity ReturnsWhich markets have the strongest or weakest return momentum.Monthly
MN Equity ValuationsWhere earnings yields sit relative to bond yields.Monthly
MN Fiscal & External AccountsGovernment debts, private-sector balances, twin deficits, net international investment positions.Annual
MN Economic FreedomWhere economic freedom is expanding or eroding across rule of law, government size, regulatory efficiency, and market openness.Annual
View Country Coverage Matrix
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03Terminal

Navigation and controls.

The MN Terminal is a local desktop application that loads all data files into one interface and rescans them the moment updates arrive. It navigates across all files and gives you full controls: overlay plots of different signals, across countries and across indicators, and measure how they move together.

MN Terminal showing Germany equity returns, signal timeline, regime map, country overlays, and statistical analysis
Contact

Bruno Waronig

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Economist and global macro investor, built and maintains the datasets for his own investment process. Founded Macro Navigation to share them with other investors.

Luka Waronig

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Computational scientist and researcher; engineer for the MN Terminal.

Apply for a license, request detailed methodology, or book a meeting