One analyst, one notebook, published in public.
macrofinance.world exists because most market commentary is written to be read quickly and forgotten faster. This is the opposite: fewer pieces, longer arguments, each one built to be checked against reality months later.
Aryan Khera
I'm 18, and I write every word on this site. Markets got hold of me early — not the tickers, but the machinery underneath them: how capital actually travels, who is forced to sell and when, why a funding squeeze in one time zone shows up as a liquidation in another the next morning.
That's the obsession this publication runs on. I read filings, flow data, central bank balance sheets and cross-border positioning, then write the thesis I'd want to read — long, specific, and honest about what would prove me wrong. No hedge fund behind me, no desk, no paywall. Just the work, published in public and dated so you can hold it to account later.
Plumbing before narrative
Prices move because someone has to sell. Positioning, funding and collateral come before the story that gets written afterwards.
Falsifiable, or it isn't a thesis
Every piece states what would prove it wrong and what to monitor. A view without a kill condition is just a mood.
No paywall, no pitch
Nothing here is for sale. No subscriptions, no signals service, no affiliate links — just the written work.
What gets covered
Equity valuation and capex cycles, credit spreads and private credit opacity, rates and fiscal supply, cross-border liquidity, structured product convexity, and the specific market accidents that reveal how the system is actually wired — from Korea's leverage unwind to whatever breaks next.
Everything published here is research and personal opinion. It is not investment advice, not a recommendation, and not a solicitation to trade any security.