Macro Strategy/Economic Analysis

Macro Strategy

Rosenblatt’s Macro Strategy consists of daily reports from our Chief Market Strategist Brian Reynolds, CFA. He looks at the major factors that are driving equity prices in order to determine the outlook for the equity market. While these factors include things such as fundamental, technical and economic aspects, the last 20 years of booms and busts have mainly been driven by credit-related factors, to which Brian brings a unique perspective.

Brian Reynolds, CFA, Chief Market Strategist

Brians’ specialty is relating how events in credit and credit derivatives markets will affect equities. With 28 years of experience in money and credit markets, on both the buy- and sell-side, he has earned a reputation for keeping investors on the right side of increasingly violent market moves, particularly since the 2008 financial crisis. To view a sample of Brian's daily market strategy report, please click here.

Energy

Rosenblatt Energy Research (RER) are a series of periodical publications focusing on major energy/freight/infrastructure research works.

The initial RER Macro Energy, Transportation, and Infrastructure Report, "Alternative Natural Gas Demand: It's Not Just Trucking Anymore," was the first sell-side research looking at Sum Zero, the social network for buy-side analysts. While many major macro reports combine macro-economic and industry sector analysis to identify both structural themes and select Focus Companies exposed to same; an important distinction in RER’s Macro approach is that companies under the spotlight are reviewed on a quarterly basis to keep the thematic work fresh. To view a sample of Jeff & Walter’s energy report, please click here.

The Rosenblatt Forest and Trees Report (F&T) is a weekly report examining topics of interest related to the Rosenblatt Energy Research (RER) macro mandate: Energy, Transportation, and Infrastructure. F&T provides numerical analysis, triangulation between RER sector coverage, and exposes less obvious or ignored subjects, all to increase investor insight. F&T also invites RER clients to submit topics for examination. Overall, F&T examines items which either challenge or confirm ongoing RER macro theses. In addition to the above, Jeffrey Campbell, Senior Analyst, Energy, publishes "through the cycle" research touching the E&P, oil services, oil and gas equipment, drilling, and refining sectors and specific companies of interest in these sectors.

Jeffrey Campbell, Senior Analyst.

Jeff’s background includes 11 years of comprehensive buy-side energy analysis at Suffolk Capital Partners as well as macro oil and gas analysis and E&P coverage at energy investment bank Pritchard Capital Partners. At Rosenblatt, Jeff covers select companies in E&P, oil services, and refining and endeavors to go beyond simple company coverage. He leverages his strong energy macro analysis, deep industry knowledge and relationships with his coverage to triangulate between these three sectors and expose deeper trends.

Jeff also produces differentiated energy/freight/infrastructure research in collaboration with Dr. Walter Kemmsies, Chief Economist. The initial RER Macro Energy, Transportation, and Infrastructure Report, "Alternative Natural Gas Demand: It's Not Just Trucking Anymore," was the first sell-side research ever featured on Sum Zero, the social network for buy-side analysts. Each macro report combines macro-economic and industry analysis to identify investible themes and select Focus Companies exposed to same. These reports are reviewed on a quarterly basis and Focus Companies become a part of RER coverage.

Derivatives

Derivatives 360 is a series of options publications focused on volatility trends across multiple asset classes, and how they affect options and equity markets. Two regular reports, a monthly and a weekly, comprise the basis of Derivatives 360’s research. The monthly report is the basis of our market view and serves as the compass for the weekly reports. The weekly report dives deeper into the themes forecast in the monthly, and applies our market view to current market trends, along with potential market plays. Derivatives 360 takes a unique, yet familiar, approach, viewing the market through a macro lens. The report identifies relevant trends in context of where the market lies in the business cycle, providing a map of which industries will lead growth, how different asset classes will respond, and puts immediate market events in perspective. To learn more about our publications, please click here.

Dr. Walter Kemmsies, Chief Economist.

Walter is a seasoned economist with a global perspective, and provides Rosenblatt’s macroeconomic view, which is a key element of the firm’s energy research. Walter also serves as the lead analyst for Rosenblatt’s derivatives strategy team as an expert in options trading and risk management strategies across multiple asset classes, having been a strategist for O’Connor & Associates, one of the top rated global derivatives trading firms. He is also the chief the economist of Moffatt & Nichol, a leading global infrastructure engineering firm, and has worked on numerous strategic business development plans for North, Central and South American ports and federal agencies, as well as a number of confidential clients on high-profile merger & acquisition transactions. Prior to joining Rosenblatt, he served as Head of European Strategy at JP Morgan and Head of Global Industry Strategy for UBS, after heading global sector strategy at UBS. He is a regular columnist for American Shipper and is a chosen participant in the US Federal Reserve’s Survey of Professional Forecasters.

Technology & Media

Rosenblatt is proud to partner with Wedge Partners. Headquartered in Denver, Colorado and with offices in New York and Ohio, Wedge Partners is an independent equity analysis firm with a focus on the technology and media industries. Through this unique focus we provide significant insight into company initiatives, global industry trends and technological developments that help them establish a greater vision of success and failure. Their experiences find that this information is an effective predictor of company performance and is the information that they pass on to clients through documentation and personal interaction.

Wedge Partners is distinguished by the vast experience of our analysts within the technology and media industries and the relationships that they have built over time. Their principals have spent considerable time in high-tech sales, marketing, business development and technical roles.

Wedge Partners is singularly focused on helping their clients make money by providing differentiated and relevant information in a timely manner. As a result, Wedge Partners is a trusted and reliable source of accurate and real-time information that helps substantiate the investment process.

Visit the Wedge Partners website