Economy & Markets

Undestanding where the economy
and markets are moving and why

Watch Free Preview*

Featured in:

What is Swissblock
Economy & Markets?
with Henrik Zeberg

Swissblock Economy & Markets Service is a macro intelligence service by Henrik Zeberg that combines discretionary macro analysis with Swissblock's systematic, data-driven models to identify where we are in the macro cycle & markets.

Start with a free briefing

Get a taste of Henrik Zeberg's macro thinking — delivered to your inbox regularly, completely free. No strings attached.

Current Cycle update

Key Macro data breakdown

Sharper view of where markets stand

Track record

Henrik's Past Macro Calls

Early 2025

Labour market deterioration flagged — 6 months before consensus

Confirmed

Feb 2026

BlowOffTop in Equities & Crypto — late-cycle risk-on phase

In progress

TBD

The next recession has a timeline. Do you know it?

Service Overview

Explore how economic structures drive direction of equities, forex, commodities, and other assets to stay ahead of market trends.

SEM Basic

The essential macro intelligence layer. Weekly insights, monthly reports, and real-time updates.

$1,199/mo*

Subscribe to Basic

Monthly report

Real-time updates & Weekly videos

SEM Lite

Everything in Basic, plus direct access to Henrik — ask questions on the economy and markets that matter most to you.

$2,500/mo*

Speak with an Expert

Everything in SEM Basic

Direct digital access to Henrik

SEM Institutional

The highest level of access. Ongoing discussion and bi-weekly 1-on-1 sessions tailored entirely to you — like having Henrik alongside you.

Bespoke Pricing/mo*

Get in Touch

Everything in SEM Lite

Regular one-on-one calls with Henrik

Monthly Report by Henrik Zeberg

Weekly video Macro update

Real-time updates

Direct Digital access to Henrik

—

One-on-One Bespoke Calls

—

*Preview videos are abridged samples only. Depth and scope of full weekly updates are significantly greater.

*The monthly prices are exclusive of VAT. The VAT will be added on top based on the client's country.

Testimonials

What our clients are saying

Viska Digital Assets

Iceland (AUM Approx.25 Mio)

We have been using Swissblock Economy and Markets services for some time and have greatly appreciated Henrik’s insights into global economic trends. His macroeconomic analysis has been especially valuable during times of significant shifts in the broader economic landscape. Henrik has a unique ability to connect economic fundamentals with market movements and charting, providing an excellent complement to our in-house research.

Indian Hedge Fund

India (AUM Approx.14 Mio)

While we have an in-house macro analysis team, Swissblock and Henrik’s insights help us cut through market noise and stay focused on what really matters. When our views align, it strengthens our confidence in our trades. When they differ, it helps us identify risks we may have overlooked. It’s a great, no-nonsense sounding board, especially in choppy markets. I love Henrik’s ability to provide clear direction while accounting for countless moving components.

HNWH Client

SEM Client

I joined Swissblock as a client for its outstanding combination of macro and technical analysis, both of which are crucial for navigating today’s market challenges. It has been a great journey of knowledge building and better decision making for me.

HNWH Client

SEM Client

Swissblock Economy and Markets service delivers bold, insightful macroeconomic analysis that cuts through the noise and identifies key market trends before they unfold. Their research has given me a clear, actionable edge in making investment decisions with confidence.

Does this sound familiar?

Most investors are flying blind

Daily noise drowns out what actually matters. Here's what's holding most investors back from confident decisions.

Challenge 1

Do you lack a clear global view of where the economy actually stands?

Challenge 2

Are you reacting too late to shifts in the market — after the move has already happened?

Challenge 3

Are you unaware of the key trends and drivers shaping market direction right now?

What you get

Everything you need to stay ahead of the cycle

Included in all plans

A Weekly Macro & Markets Video — Delivered to Your Inbox

Each week, Henrik Zeberg breaks down the global economy and markets in video. The goal is simple: step back from daily market noise and understand the bigger macro picture.

Published: Weekly.

Watch Preview Video*

Included in all plans

The Zeberg Letter — Your Monthly Macro Overview

A monthly written report by Henrik Zeberg summarising the key insights from the weekly macro videos and updates. It provides a clear, high-level overview of the economy and markets.

Published: Monthly.

Download sample PDF

Subscribe to SEM Basic

$1,199/mo*

SEM Lite and SEM Institutional

Direct Digital Access to Henrik Zeberg

A private digital channel to ask Henrik Zeberg questions related to the economy, markets, and key macro developments.

Available Monday to Friday for focused questions and clarification.

Speak with an Expert

$2,500/mo*

Only with SEM Institutional

Bi-Weekly One-on-One with Henrik (High-Touch)

A private one-on-one session with Henrik Zeberg, focused on your specific macro questions and areas of interest. Over time, Henrik builds a deeper understanding of your objectives, preferences, and focus markets — allowing for more tailored and efficient discussions.

Bi-Weekly 1:1 with Henrik — bespoke, high-touch macro guidance.

Get in touch

Bespoke Pricing

Our Head Economist

Meet Henrik

Henrik Zeberg is a Danish economist and financial analyst with decades of experience in macroeconomic cycles and financial markets. Holding a Master’s in Economics from the University of Copenhagen, he gained prominence for his deep understanding of economic patterns and market behavior.

Frustrated by mainstream economists' failure to predict the 2008 financial crisis, he developed a unique approach that bridges macroeconomic theory with real-world market dynamics. Today, as a leading voice in the field, he provides Swissblock members with exclusive, high-level insights and strategic guidance to navigate global markets with confidence, while having a follower base of over 170,000 interested in economy and markets.

Master's, Uni. of Copenhagen

20+ years macro experience

TEDx Speaker

Called the 2008 Crisis

Henrik’s socials

Forbes Article (English)

Henrik on TEDx Talk:
Is the AI bubble going to burst?

We may be living through the biggest bubble in history — from AI and tech stocks to crypto. Henrik Zeberg connects today's mania to past bubbles like tulips and dot-coms, revealing how crowd psychology keeps repeating itself.

Market trends we successfully identified.

Nov 2023

Dismissing Crash. Equity Blow-Off-Top

In November 2023, the stock market had been going through a correction. Calls from analysts that the Bull Market was now over was everywhere. Fear in the market. But the Business Cycle Model gave us that the Economy was still strong, and the EW Market Model suggested that the BlowOffTop would continue with increased momentum.

Jun 2023

Bitcoin Bull Market

In June 2023, analysts were betting on further declines in Bitcoin. However, with a strong Economy as per the Business Cycle Model, and with inflation on its way down, a call for continued Bull Market and BlowOffTop was prudent.

Apr 2023

“Goldilocks Zone”

In early 2023, there was still a lot of confusion regarding the economy and the direction of inflation. But the Business Cycle Model gave a clear outlook of Economy not close to recession and inflation on its way down – i.e. “Goldilocks Zone” for the markets.

Jan 2023

ATHs in Equities to come