Chicago Fed NFCI
-0.499
+0.008 vs prior week · index
Observation period:
Macro and multi-asset research. In one terminal.
Monitor the macro backdrop, investigate companies, test strategies and analyse portfolio exposures in a configurable, browser-based workspace.
Macro monitor · United States
NFCI percentile
30.8%
Rank ≤ current · last 260 weekly observations
Observation period:
Atlanta Fed GDPNow
3.64%
Q3 2026 estimate · annualised growth, SAAR
Observation period:
US Treasury 10Y–2Y
0.33 pp
-0.04 pp vs prior observation
Observation period:
NFCI measures financial conditions, not a regime forecast. GDPNow is the Atlanta Fed estimate, not a Zinscapital model. Observation periods are not publication dates.
Family-office roots
Research informed by family-office practice
Connected workflow
Macro to portfolio risk
Transparent method
No black-box signals
Real product
Live terminal workspaces
What is in it.
Six groups, and the modules inside them. Each one opens as a window in the workspace; the plan that includes it is listed on the platform page.
Capability groups
Macro & Markets
Read the regime, the cycle and the policy path, then the sector and commodity desks underneath them.
Equity Research
Go from a screen to a company's valuation, filings, ownership and supply-chain relationships.
Systematic & Quant
Build and inspect rule-based signals, rotation and seasonality, with the crowding and correlation behind them.
Options & Volatility
Price and inspect the surface, the term structure and the Greeks behind a hedge.
Portfolio & Risk
Translate a view into exposures, then monitor what the portfolio is actually carrying.
News & AI
A filtered tape, and research agents that read filings and transcripts with your own model key.
What you do with it.
Four sequences the terminal supports end to end. Each one names the modules it uses, what comes out at every step, and where it stops.
How the terminal works
Four questions open at once, on one canvas.
A macro read is never one screen. The workspace lets you put the regime call, the chart, the surface, and the tape next to each other and keep them there — the layout is yours, not ours.
Product capture — not a live feedZinscapital
Call it up
Press ` or ⌘K and type a mnemonic. MR for the macro regime, SPLC NVDA for a company’s chain. Code first or ticker first — both parse.
It opens as a window
Not a page you navigate to. Each module is a movable, resizable window on one canvas, so opening the next thing never closes the last one.
Tile it how you think
Grid, columns, rows, or cascade from the toolbar — or Alt+G to snap everything open into an even grid, sized to the screen.
Keep the layout
Name a workspace and switch between them with Alt+1…9. Each one comes back the way you left it, next session included.
The canvas needs tablet-landscape width or wider. Every module also opens as a full responsive page on its own.
Request accessCTA
Systematic OS
Trend and carry signals across 70 futures markets, sized by volatility target.
Trend, carry, and crowding across 70 futures markets, assembled into a model portfolio with volatility-targeted sizing, a risk ladder, and replication analytics against the managed-futures industry.
- Signal ensemble across 70 liquid global futures markets
- Model portfolio with volatility-targeted position sizing
- Risk ladder: VaR, expected shortfall, and drawdown budget
- Crowding diagnostics and replication against systematic peers
VOL
Volatility Lab
A fitted volatility surface, with the forward vol and shadow Greeks behind it.
A fitted volatility surface with forward vol, shadow Greeks, strategy scanning, and point-in-time backtesting — the hedging desk's view of an underlying rather than a single option chain.
- Fitted surface with term structure and skew context
- Forward volatility and shadow Greek diagnostics
- Strategy scanner with defined-risk framing
- Point-in-time backtest of the structure you are considering
SPLC
Company Intelligence
Customer and supplier relationships, extracted from the filings that name them.
Customers, suppliers, and competitors extracted from filings into one graph, so a print, a tariff, or a guidance cut can be traced to the names that sit downstream of it.
- Supply and customer relationships mapped from primary filings
- Peer set, filings, and news in one company dossier
- Trace a shock through the chain, not just the ticker
- Built for read-through work ahead of the market
PWR
Power & AI-load desk
Electricity markets and data-centre demand against measured generation economics.
Study electricity markets, generation economics, and data-centre demand together. Keep physical capacity and market pricing in the same research frame.
- Regional electricity-market context
- Generation cost and capacity analysis
- Data-centre demand and infrastructure constraints
- Source coverage and model assumptions alongside the result
Function index
A language for the desk.
The same commands used inside the terminal. Twelve entry points are named here; explore the rest in your workspace. Coverage depends on your subscription.
N
News tape- PC
- RISK
- TJ
- ALRT
- WM
PORT
Portfolio analyticsWL
Saved watchlistsMR
Macro regime- SECT
- RRG
EI
Economic indicators- BC
- FXM
- RF
COT
Futures positioning- SEAS
- SSCR
- ALT
- BANK
- MAP
- CAL
- EA
- DES
SPLC
Supply chain- TA
- SCR
- LS
VAL
Equity valuationCORR
Asset correlation- RPROB
- RES
- 13F
- GOV
- MP
VOL
Volatility surfacePWR
Power markets- OPT
- CRD
- CMD
- PM
- ED
- RV
CTA
Systematic signals- MS
- FND
- EXEC
- LAB
- PTA
- LIB
- CALC
Model Portfolio
The research, expressed in one live book.
Live, publicly tracked · EUR · inception 9 April 2025
The ZinsCapital model portfolio is traded by Felix Zinsmeyer with the same process the terminal is built around — regime first, then exposure. Exclusively for members: replicate the book position by position, with every holding and weight visible inside the terminal.
- Live performance tracked against S&P 500, Nasdaq 100, and DAX
- Full book transparency — positions, weights, and changes
- Global macro, top-down sector calls, bottom-up stock picking
- Risk metrics published: Sharpe, drawdown, volatility
Since inception
—
Trailing 12M
—
Sharpe ratio
—
Max drawdown
—
How this record is constructed
- Basis
- Live, not backtested or simulated. The series is the publicly tracked value of a real book, not a model run over history.
- Inception
- 9 April 2025. All series are indexed to 100 on that date, so every figure is a since-inception number and the period is short.
- Currency
- The portfolio is denominated in EUR. The S&P 500 and Nasdaq 100 series are in US dollars and are not currency-adjusted, so the comparison against them also contains the EUR/USD move over the period. The DAX comparison does not.
- Benchmarks
- S&P 500 (SPY), Nasdaq 100 (QQQ) and DAX (^GDAXI), with dividends reinvested.
- Fees
- The fee basis of the tracked series is not stated here, so do not read these figures as net of all costs. A certificate of this kind carries its own fees.
- What it is not
- A track record of managed client money, and not an offer or recommendation. ZinsCapital manages no client portfolios and gives no personalised advice.
Loading live performance…
Live performance since inception (April 2025), all series indexed to 100. Past performance is not indicative of future results. The model portfolio is published for informational and educational purposes only and is not investment advice, portfolio management, or a solicitation to trade.
A repeatable four-layer research process.
Every signal has a place in the chain. That makes the workflow easier to audit, communicate, and improve.
Global macro regime
Define growth, inflation, and policy direction before interpreting asset moves.
Monetary & credit conditions
Read liquidity, credit impulse, real rates, curves, and funding stress together.
Cross-asset confirmation
Test the thesis through FX, credit, commodities, breadth, and positioning.
Portfolio implications
Map the confirmed regime to securities, scenarios, and exposures.
What you can check before you commit.
Not a trust badge. Five things you can read first, including the parts that are unflattering.
- The full module catalogueEvery module with its plan and status — including the eight still under development.
- Data sources, namedThe actual upstreams, their cadence, how far back they go, and what we do not claim a licence for.
- A sample research reportThe structure and level of detail, before you subscribe to anything.
- MethodologyHow an indicator moves through the four-layer process, and what would invalidate the read.
- Release trailWhat has actually shipped, dated.
What data you get.
Official statistical and regulatory sources, market data, and series derived inside the terminal. Each family is listed with its provenance and update pattern.
- Official statistics
- Central banks, statistical offices and agencies — releases, revisions and the history behind them.
- Regulatory filings
- SEC submissions and XBRL facts, 13F holdings, and the relationships extracted from filing text.
- Market data
- Equities, futures, FX, rates and commodities, end-of-day and delayed rather than a real-time feed.
- Positioning
- CFTC Commitments of Traders, holder overlap, and crowding measures computed from them.
- Derived series
- Regime classifications, signals, fitted volatility surfaces and risk decompositions, computed here and labelled as modelled.
- Your own keys
- Bring a model provider key for the AI research layer, and a FRED key where you prefer your own entitlement.
Limitations we publish. Market data is end-of-day or delayed, not a real-time feed, and there is no level-2 order book. Regulatory filings carry their statutory reporting lag — 13F holdings are quarterly and up to 45 days old. Model output is modelled, labelled as such, and shown with the sample size behind it. Some series depend on a key you supply.
Full coverage and sourcesPlans, and how access works.
Four plans, priced publicly. Access is not open yet, so none of them can be bought today.
Three levels of coverage. One research workflow.
Published subscription pricing. Access is subject to onboarding availability.
Macro
Core macro & market context to start with.
€19.99/month
Billed monthly
Request Macro- Daily Macro Pulse dashboard
- Live multi-source news tape
- Economic & earnings calendar
- Economic indicators (ISM, CPI, PPI, PCE, JOLTS)
- Stock overview & screener
- Watchlists & rate monitor
Professional
The complete research workflow.
€49.99/month
Billed monthly
Request Professional- Everything in Macro
- Macro regime engine
- Relative rotation graphs (RRG)
- Equity valuation — DCF & comparables
- Correlation & pairs with backtests
- Seasonality, COT & 13F tracker
Portfolio
Research through to positions and portfolio risk.
€99.99/month
Billed monthly
Request Portfolio- Everything in Professional
- AI earnings agent
- Options & volatility suite
- Trading agent — backtest & report
- CTA / systematic engine (70 futures)
- Portfolio command, risk & trade journal
Institutional
Configured around your desk.
Seats, research coverage, and integration requirements scoped together. Written pricing follows a walkthrough; no standard institutional minimum has been published.
Arrange a walkthrough- Seat count and entitlement requirements
- Data delivery, source coverage, and methodology
- Configured workspaces and onboarding
- Integration scope, support, and agreement terms
What happens after you request access
You submit an access request
Name, email and the kind of desk you run. That is all it collects.
We reply about availability
A real reply about whether there is a fit, and what coverage your desk would need.
Optional walkthrough
A live session in the terminal, on a question you bring, before any commitment.
Onboarding when access opens
You pick a plan and enter payment details at that point, not before.
When you would be charged
Not from anything on this page. Submitting an access request adds your email to the pre-registration list and nothing else: it does not create a terminal account, does not store a payment method, and does not start a subscription or a trial.
New sign-ups and checkout are closed while the terminal is in development. When they open, you would choose a plan, enter payment details yourself, and be charged from that point — monthly or annually, as you pick.
Prices shown are per seat and in euros. The full feature matrix lists which modules each plan includes.
Sample research
Review the thinking before you buy the tool.
Request the sample macro report and occasional product research updates. No daily marketing blast.
Macro Regime Brief
The useful questions, answered plainly.
Clear product state, clear plans, and no execution or advisory ambiguity.
Who is ZinsCapital built for?
Single-family offices, emerging managers, independent research desks, and systematic or quant traders who need a repeatable macro research process without a traditional terminal installation.
How do I get access?
Submit an access request or book a demo. Sign-ups and checkout are closed while the terminal is in development, so an access request puts you on the pre-registration list — it does not create an account, store a payment method, or start a subscription or trial. We reply about availability and the coverage your desk would need.
What data do I get, and how fresh is it?
Official statistics and central-bank series on their publishing calendars, SEC filings as they are accepted, CFTC positioning weekly, and market data end-of-day or delayed. It is not a real-time feed and there is no level-2 order book. Every source is named on the Data & Coverage page with its cadence, history and the plan that includes it.
Is every module finished?
No, and the ones that are not are listed. The platform page prints the full catalogue with each module's status: available, no live data behind it, or still in development. We would rather you read that before paying than find it afterwards.
Is ZinsCapital a trading or advisory service?
No. ZinsCapital is a research and analytics platform. It does not execute trades, hold client assets, manage portfolios, or provide personalised investment advice.
How is this different from a chart library?
The modules are sequenced rather than listed. A regime read carries into the cross-asset check, which carries into the security work, which carries into the exposure — the four workflows show each chain step by step, naming the module and the output at every stage.
Do I need to install anything?
No. The terminal runs in the browser on any machine, with no desktop client, no dedicated hardware, and no per-seat licence negotiation.
Can teams use their own workflows and data?
Arrange a walkthrough to discuss your team's seats, data-delivery requirements, configured workflows, and onboarding. Institutional scope and pricing are agreed individually; integrations are not implied to be available for every series.
Your macro process, connected
Bring a research question to the walkthrough.
Request access to the terminal, or speak with us about an institutional workflow.