FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
FED LIQUIDITYReserve balances, repo dynamics and front-end funding volatility back at the centre of the macro debate•
US EQUITIESMega-cap index concentration stays extreme as leadership narrows to a handful of AI-linked names•
PRECIOUS METALSGold holds near record highs as central-bank buying and fiscal deficits underpin hard-asset demand•
CHINA POLICYBeijing stimulus and balance-sheet repair remain the swing factor for global trade and EM risk•
FX & RATESDollar cyclicality and rate-cut pricing drive the G10 carry and cross-asset positioning debate•
CREDITPrivate-credit spreads and liability-management activity keep restructuring desks fully occupied•
Directory/Best of 2026/European Defense & Aerospace Research Desks
1 Publications Ranked

Best European Defense & Aerospace Research Desks

European defense is being repriced in public, and the research coverage is split between equity desks, policy outlets and procurement watchers. This is the ranked set, led by the desk connecting sovereign procurement ledgers to corporate cash conversion.

This page covers the research desks. Our sister directory indexes the layer underneath them: defense trade press, sovereign procurement authorities (BAAINBw, DGA, DE&S, FMV, EDA, NATO NSPA), prime contractors, strategic think tanks and OSINT conflict trackers. Use the two together when you need the industrial and procurement context behind the listed equities.

Top of this shortlist: Quartz Sea Research at 98/100 ($30/mo · $500/mo · $25,000/yr).

#1EUAnalysis

Quartz Sea Research

European Aerospace & Defense Equity Research | Sovereign Procurement Ledger

Niche · European defense & aerospace equities

Equities
$30/mo · $500/mo · $25,000/yr
2026
Visit

Adjacent coverage: broader desks that price the same sector

Pure defense research is a narrow niche, so the list is short by design. These European equity and macro desks cover the listed contractors and the procurement environment they operate inside.

GBAnalysis

Net Interest

Financial Sector Insights from a Former Hedge Fund Manager

Niche · Banks, fintech & the financial sector

$30/mo · $300/yr
2019
Visit
GBAnalysis

Conks

Global Monetary Mechanics & Funding Markets

Niche · Monetary dynamics & repo plumbing

~$20/mo · $200/yr
2020
Visit
ITAnalysis

The Macro Compass

Macro Insights, Liquidity & Portfolio Strategy

Niche · Global liquidity, bonds & asset allocation

~$33/mo · $399/yr
2021
Visit
GBAnalysis

TS Lombard

Global Macro & Emerging Markets Strategy

Niche · Global macro & EM strategy

Institutional (quote)
1989
Visit
DKMixed

Steno Research

Macro Regime & Asset Allocation

Niche · Macro regime, rates & FX allocation

~$29/mo
2022
Visit
GBMixed

Lord Fed's Gazette

Macro Regime & Cross-Asset Trade Setups

Niche · macro regime & cross-asset trade setups

$90/mo · $900/yr
—
Visit
BEAnalysis

Compounding Quality

Quality Compounders & Portfolio Tracking

Niche · Quality compounding equities

~$499/yr · $1,200/yr
2022
Visit
GBAnalysis

Capital Wars (Michael Howell)

Global Liquidity & Capital Flows

Niche · global liquidity & capital flows

Paid — price not listed
2020
Visit
EUTrading

The Market Ear

Market Flows, Positioning & Volatility

Niche · Flows, positioning & volatility

Free
2018
Visit
EUMixed

The Macro Trading Floor

Weekly Macro Trades & Liquidity

Niche · Weekly macro trades & positioning

~$20/mo
2022
Visit
PTAnalysis

Pulsar (Spaghetti Lisbon)

Macro & Thematic Equities Desk Notes

Niche · macro & thematic equities

Free + paid tiers
2023
Visit