Obsidian Quantitative, LLC. DBA QuantitativeMacro.com (together with any subsidiaries and/or affiliates, ‘Quantitative Macro’) is an independent organization with no management ties to the companies it covers. None of the members of Quantitative Macro’ management team or the management team of any of Quantitative Macro’ affiliates hold a seat on the Board of Directors of any of the companies Quantitative Macro covers. Quantitative Macro does not perform any investment or merchant banking functions and does not operate a trading desk.
Quantitative Macro’ Stock Ownership Policy prevents any of its employees or managers from engaging in Insider Trading and restricts any trading whereby an employee may exploit inside information regarding our stock research. In addition, employees and managers of the company are bound by a code of ethics that restricts them from purchasing or selling a security that they know or should have known was under consideration for inclusion in a Quantitative Macro report nor may they purchase or sell a security for the first 15 days after Quantitative Macro issues a premium research report on that security.
All charts and figures appearing on this website or in files made available on this website are based on Quantitative Macro’ internal models and solely reflect the opinions of Quantitative Macro.
The information and opinions presented on this website are provided to you for information purposes only and are not to be used or considered as an offer or solicitation of an offer to buy or sell securities or other financial instruments. Quantitative Macro has not taken any steps to ensure that the securities referred to on this website are suitable for any particular investor and nothing on this website constitutes investment, legal, accounting or tax advice. This website includes general information that does not take into account your individual circumstances, financial situation or needs, nor does it represent a personal recommendation to you. The investments or services contained or referred to on this website may not be suitable for you and it is recommended that you consult an independent investment advisor if you are in doubt about any such investments or investment services.
Information and opinions presented on this website have been obtained or derived from sources believed by Quantitative Macro to be reliable, but Quantitative Macro makes no representation as to their accuracy, authority, usefulness, reliability, timeliness or completeness. Quantitative Macro accepts no liability for loss arising from the use of the information presented on this website, and Quantitative Macro makes no warranty as to results that may be obtained from the information presented on this website. Past performance should not be taken as an indication or guarantee of future performance, and no representation or warranty, express or implied, is made regarding future performance. Information and opinions contained on this website reflect a judgment at its original date of publication by Quantitative Macro and are subject to change without notice. Quantitative Macro may have and may in the future update this website with information that is inconsistent with, and reach different conclusions from, the information presented on this website. At any given time, the website reflects the different assumptions, views and analytical methods of Quantitative Macro. Quantitative Macro is under no obligation to insure that changes to the website are brought to the attention of any visitor to this website.
Quantitative Macro’ reports and information are intended for distribution to its professional and institutional investor customers. Recipients who are not professionals or institutional investor customers of Quantitative Macro should seek the advice of their independent financial advisor prior to making any investment decision or for any necessary explanation of its contents. This website is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject Quantitative Macro to any registration or licensing requirement within such jurisdiction. This website may provide the addresses of other websites. Except to the extent to which the website refers to Quantitative Macro own website material, Quantitative Macro has not reviewed the linked site and takes no responsibility for the content therein. Such address or hyperlink (including addresses or hyperlinks to Quantitative Macro own website material) is provided solely for your convenience and the information and content of the linked site do not in any way form part of this website. Accessing such websites or following such hyperlinks through this website shall be at your own risk. All material on this website is the property of, and under copyright, of Quantitative Macro. None of the contents, nor any copy of it, may be altered in any way, copied, or distributed or transmitted to any other party without the prior express written consent of Quantitative Macro. All trademarks, service marks and logos used on this website are trademarks or service marks or registered trademarks or service marks of Quantitative Macro.
Links and Data Sources
Quantitative Macro’ web site contains addresses and hyperlinks to other Internet sites not operated by Quantitative Macro. Quantitative Macro is not responsible for the content or privacy procedures of these other sites. Please see our Terms and Conditions of Use for more information regarding the use of Quantitative Macro’ web site and services.
Terms and Conditions of Use
No Solicitation, Offer or Recommendation
The information, financial tools and other material presented in this Site have been prepared and provided to you for informational purposes only and are not to be used or construed as an offer or a solicitation to sell or an offer or solicitation to buy or subscribe for securities or other financial instruments, nor do they constitute any advice or recommendation with respect to such securities or other financial instruments. The information and materials presented in this Site have been obtained or derived from sources believed by QM to be reliable; however, QM has not verified this information and QM does not represent that this Site is accurate, current, or complete and it should not be relied upon as such. QM shall not be liable for any loss arising from the use of the information, financial tools and other material provided through the use of this Site.
Disclaimer of Warranties; No Liability for Content
You agree that your use of the Site is at your sole risk. QM makes no warranty whatsoever to you, express or implied, regarding the security of this Site, including with respect to the ability of unauthorized persons to intercept or access information transmitted by you through this Site. The information, financial tools, materials and other services provided through this Site are on an “AS IS” basis. Neither QM nor any of its third party providers shall have any responsibility to maintain or update the information and materials available on this Site or to supply any corrections or updates thereto. QM maintains the right to add, delete or modify information on this Site without prior notice. QM expressly disclaims all warranties, express or implied, regarding this Site and any results to be obtained from the use of this Site, including, but not limited to, all warranties of merchantability, fitness for a particular purpose or use and all warranties arising from course of performance, course of dealing and/or usage of trade or their equivalents under the applicable laws and regulations of any jurisdiction. QM does not warrant or guarantee, and QM shall not incur any liability (contingent or otherwise) regarding, the accuracy, timeliness, suitability, completeness, correctness, quality or availability of this Site or the information or results obtained from the use of this Site, or that this Site or such information or results will be free from inaccuracies or errors. Under no circumstances and under no theory of any law, regulation, tort, contract, strict liability or otherwise, shall QM be liable to anyone for any damages resulting from access to or use of, or the inability to access or use, this Site regardless of whether they are direct, indirect, special, incidental, consequential, punitive or damages of any character, including damages for trading losses or lost profits, or for any claim or demand by any third party, even if QM knew or had reason to know of the possibility of such damages, claim or demand.
No Liability Arising From Use
Neither QM nor any of its third party vendors will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this Site, or resulting from the act or omission of any other party involved in making this Site or the data or tools contained herein, or from any other cause relating to your access to, inability to access, or use of this Site, whether or not the circumstances giving rise to such cause may have been within the control of QM or of any vendor providing software or services support. In no event will QM or any such parties have any liability, contingent or otherwise, to you or to third parties for the continued availability, completeness, delays, omissions, or interruptions in the delivery of the data and services available on this Site or for any other aspect of the performance of this Site or for any failure or delay in the execution of any transactions through this Site. QM will have no responsibility to inform you of any difficulties experienced by QM or third parties with respect to the use of the Site or to take any action in connection therewith.
No Determination of Suitability
The fact that QM has made the information and financial tools and services provided on this Site available to you constitutes neither a personal recommendation that you enter into a particular transaction nor a representation that any financial tool described on this Web site is suitable or appropriate for you. Nothing in this Site constitutes business, financial, investment, hedging, trading, legal, regulatory, tax or accounting advice. You should not make this service the primary basis for any investment decisions made by or on behalf of you, your accountants or your managed or fiduciary accounts.
Permitted Uses of this Site
You are permitted to store, display, analyze, modify and print the information and results made available to you through this Site solely for your own internal use. You shall not disclose, publish, transmit or otherwise reproduce this information or results, in whole or in part, in any format to any third party without the express written consent of QM. You will not collect content or information, or otherwise access the site, using automated means (such as harvesting bots, robots, spiders, or scrapers) without our prior permission. This Agreement is not intended to, and does not, transfer or grant any rights in or licenses to the information and financial tools provided on this Site other than those which are specifically granted by QM, and all rights not expressly granted by QM are reserved by and for QM or the third party providers from whom QM has obtained the information. You are required to read and abide by any additional terms and conditions that may be posted on this Site from time to time concerning information obtained from specific third party providers.