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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

A new macroeconomic framework for asset allocation

Monday, 30 March 2026

The war in the Middle East is driving a fundamental shift from efficiency toward certainty. The result: higher interest rates, slower earnings growth, elevated geopolitical uncertainty, and a changed central bank response to economic downturns. The consequences for financial markets and tactical asset allocation are substantial. 

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Markets are pricing in too many ECB rate hikes

Wednesday, 18 March 2026

The war in the Middle East presents bond markets, central banks and investors with a new dilemma: is this a temporary energy shock, or the start of yet another period of persistent inflation?

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SAA Special: Commodities vs Private Debt as portfolio diversifiers

Monday, 16 March 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. This report examines whether commodities or private debt can replace bonds as a portfolio hedge – and why structural trends may favour commodities while private debt shows signs of a potential bubble.

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