We offer separately managed account models and independent research grounded in Federal Reserve analysis — encapsulating deep expertise in interest rate risk and macro strategy.
FedWatch Advisors was founded on a singular belief: that the Federal Reserve and global central banks are the most consequential force shaping markets today. We built our entire methodology around this insight.
We provide separately managed account investment models and independent research for private wealth and institutional clients — powered by proprietary analysis of Fed policy, interest rate risk, and macro regime shifts.
Our process is disciplined, evidence-based, and designed to navigate the volatility that central bank policy creates across every asset class.
We map the current Fed policy regime — tightening, easing, or holding — and construct portfolios with the appropriate duration and risk exposure for that regime.
Every position is evaluated through the lens of rate sensitivity. We dynamically adjust ETF weightings to optimize for the interest rate environment in real time.
From fixed income to equities to private assets, our models build diversified portfolios that account for the rising interest rate sensitivity of every asset class.
Three distinct models — each designed to manage interest rate risk and extract opportunity from Fed-driven market volatility.
The alternative to a 60/40 portfolio — a finessed approach to lower the volatility of the fixed income allocation and deliver more sustainable, consistent performance.
An ETF model powered by the FedWatch Index, purpose-built to optimize for the volatility caused by the Fed and global central banks. Our flagship strategy.
A customized ETF portfolio optimized for interest rate risk across fixed income and equity duration — including private asset interest rate risk management.
Ben Emons brings over 25 years of macro investment experience, with deep expertise in global fixed income, central bank policy, and cross-asset strategy. His career spans leading financial institutions across the United States and Europe.
Ben is widely recognized for his analytical precision on Federal Reserve policy and its market implications, providing daily commentary on markets, macro, Fed decisions, earnings, and the intersection of rates and risk assets.
FedWatch Advisors is the culmination of Ben's conviction that systematically tracking central bank behavior — not predicting it — is the foundation of durable portfolio performance.
"Central banks don't just set rates — they set the context for every investment decision made in markets. Understanding that context is our edge."
We do not attempt to predict the Fed. We observe, measure, and respond to what the data demands. Our research process is systematic, our portfolio construction is deliberate, and our risk management is constant. We believe the greatest edge in markets today is the willingness to stay disciplined when others react emotionally to policy uncertainty.
We maintain high-conviction positions sized for the regime we are in — not the regime we wish we were in. Our models concentrate exposure in areas where rate-adjusted return is most favorable, and reduce it when the risk-reward is poor. This means fewer positions, built on stronger evidence, managed with integrity through every cycle.