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MSP2024

Maarten Spek

Global Macro & Investment Strategist

Maarten has been a key figure at ECR since 2006, leading our team of analysts with expertise and innovation. His academic excellence, demonstrated by graduating cum laude in International Economy from Erasmus University Rotterdam, has been instrumental in expanding and refining the research capabilities at ECR. Maarten has played a key role in expanding our research domains and refining our methodology.

His expertise and adept integration of fundamental analysis and chart technical analysis have culminated in the authorship of our weekly G10 FX reports, which have garnered the attention of over 35 Central Banks worldwide. Together with Edward and the team, Maarten has also developed a comprehensive range of Asset Allocation reports that have become a cornerstone of our offerings. 

Maarten actively participates in VBA Bond Commission meetings, showcasing his dedication to the field. He communicates effectively in Dutch and English, ensuring his insights reach a global audience.

Recent Publications

The Fed risks falling behind the curve

Wednesday, 27 May 2026

The rise in long-term interest rates over the past period has been driven not only by higher energy prices but also by concerns over public finances and increased demand for capital. In a scenario where the Strait of Hormuz reopens soon (which is by no means certain), we therefore do not expect long-term interest rates to fall to the lows seen just before the Iran War.

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Is the end of the bull market in sight?

Wednesday, 27 May 2026

Significant profit growth, the limited impact of high oil prices on growth so far, and enthusiasm for AI are keeping an ageing bull market afloat. But how much longer can it last, what are the possible reasons for a trend reversal, and what does this mean for tactical asset allocation decisions?
 

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SAA Special: Gold vs Bitcoin as a portfolio diversifier

Monday, 18 May 2026

What if the classic 60/40 diversification no longer works? Government bonds increasingly move in the same direction as equities during risk-off episodes. What are attractive alternatives to government bonds? In the May special, we discussed commodities and private debt; in this report, we examine whether gold or Bitcoin is an attractive alternative.

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