Brighthedge · Independent market research
Clear-eyed research on equities and the macro that moves them.
Brighthedge publishes deep-dive equity initiations and macro thesis pieces — the kind of work that takes a position and shows its math. No hot takes, no horoscopes. Just a framework, the numbers behind it, and the trade.
02 — The discipline
How Brighthedge writes
Equity initiations
A full thesis on a single name — the model, the bull/base/bear, the price target, and the specific things that would make me wrong.
Macro thesis
Cross-asset writeups that connect a policy or flow regime to positioning — rates, FX, and the equity read-through, in one frame.
The standard
Every number is sourced. Every call carries a falsifier. If the thesis breaks, you read it here first — not in the next piece.