Some Macro Thoughts

Navigating markets, policy, and the global economy - Nohshad Shah's incisive take on the macro landscape.

Nohshad Shah is Head of EMEA Fixed Income Sales for Citadel Securities. Prior to joining the firm, he was Head of Multi Assets at Marshall Wace, a leading global hedge fund, in a portfolio management role. He formerly led EMEA Rates Sales at Goldman Sachs for several years. Nohshad publishes “Some Macro Thoughts”, a widely read weekly macro note, which has become a trusted source of insight for CEOs, CIOs, and senior investors, offering clear perspectives on the evolving narratives in macro markets.

Nohshad holds a Masters in Finance & Accounting from the London School of Economics (LSE) and is Chief Strategy Advisor for the Solar Water Project Bondh-E-Shams, a global water nonprofit charity, and a supporter of The Royal Court Theatre.

Fed Independence is Sacrosanct for Markets

Fed Independence is Sacrosanct for Markets

Cuts on the Table, Despite the Outlook

Cuts on the Table, Despite the Outlook

Inflation, Remember?

Inflation, Remember?

Forward Trajectory > Spot

Forward Trajectory > Spot

The Biggest Risk Taker

The Biggest Risk Taker

This is Not 2024

This is Not 2024

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