About Hawk Thorne

Hawk Thorne publishes independent market research across four desks: Macro & Policy, Equities, FX & Rates and Commodities. It is a research publication, not a broker, an adviser or a fund. It holds no client money, manages no portfolios, and takes no market positions of its own.

The research is produced on a defined method. A proprietary analytical pipeline gathers market data and runs it through the desk’s quantitative and scenario frameworks; the wording of each note is generated with the assistance of a large language model and then checked against that method. Every published thesis carries a falsification condition, the observable event that would prove it wrong, and the desk returns to its own calls in later notes, whether they aged well or not.

Hawk Thorne is independent. The research is not sponsored, carries no paid placements, and no instrument is covered in exchange for consideration. Nothing published here is investment advice or a recommendation; readers make their own decisions and should do their own research.

English is the language of record; Polish editions are translations of the same note and are marked as such. Corrections are made in place and marked when material.

Editorial responsibility for what is published rests with the operator of Hawk Thorne. For questions, corrections or rights, write to contact@hawkthorne.com. Formal operator and contact details are on the Imprint; how the research is made and held to account is set out in the Methodology.