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JDI Research
Where Clarity Fuels Conviction
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Expertise Drives Success

Our December Report: Everyone's betting on reacceleration...

...I'm betting on a term premia twist

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This month's Roadmap goes full-tilt against consensus for 2026. Markets are banking on reacceleration – and they see rising yields as confirmation. We see a warning. Term premia are back, and the macro impulse is quietly evolving – just as markets price the next leg higher. In Japan the real story isn't debt, it's debasement. Meanwhile in the US, a wrongfooted Fed is struggling for firepower as the cycle fades.

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Asking if I had read your March report is like asking papal folk in the Vatican if they’d read the Bible that day!!  Your thinking and analysis is of the highest quality and I’m so pleased I re-subscribed. 
I particularly enjoy when you lean into non-consensus views. 

None of us have ever experienced times and markets like these.  Having you there on the ground in Europe and overseeing the US away from the “noise” provides us all the ideal perspective to assess everything.  

We are the lucky ones.  

What a time to be a geopolitical analyst and macro strategist."

Richard, HNW - Sydney April 2025

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At JDI Research, we help you make informed, strategic decisions. Juliette Declercq’s transparent and structured analysis gives you the clarity needed to trade smart, with confidence. With our expertise, you’re always a step ahead.

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