Disclosures

Any information in Macro is general information only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on it you should consider whether it is appropriate for you, read any relevant product disclosure documents, and consider seeking advice from a licensed financial adviser.

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Nothing in the Service is a recommendation, solicitation or offer to buy, sell or hold any security or to adopt any investment strategy. Mentions of a company or ticker, including in example agents, theses and screenshots on this website, are for illustration and research only.

Macro is not registered as an investment adviser or broker-dealer with the US Securities and Exchange Commission or any state securities regulator. The Service is a general-purpose publication offering impersonal research tools, and does not provide advice tailored to any individual.

Theses, summaries, alerts, conviction scores and chat answers in Macro are generated by AI models and automated agents without human review. AI can be confidently wrong: it may misread data, misattribute news, invent figures or miss important information.

Conviction scores are a model’s relative assessment of how well a security fits a thesis. They are not ratings, price targets or predictions of returns. Always check AI Output against primary sources such as company filings and exchange announcements.

Basket and thesis performance figures in Macro are hypothetical. They are calculated from market prices as if the securities were held in the stated way, and do not reflect real trades, fees, taxes, slippage or the timing of any actual investment.

Hypothetical results have inherent limitations, including the benefit of hindsight. Past performance, real or hypothetical, is not a reliable indicator of future performance.

Prices and other market data are supplied by third parties, including [MARKET DATA PROVIDERS], and may be delayed by up to [DELAY, e.g. 20 minutes] unless marked as real-time. We do not guarantee that data is accurate, complete or timely, and it should not be used for trading decisions where timing matters. [ADD ANY EXCHANGE-REQUIRED ATTRIBUTION, e.g. ASX or Nasdaq data notices]

Agents may surface news articles, filings, analyst commentary and social media posts (for example from Reddit). This content belongs to its authors, is not endorsed by Macro, and may be inaccurate, promotional or out of date.

Some content may discuss expected future events, such as earnings, regulatory decisions or industry trends. These are uncertain by nature, and actual outcomes may differ materially.

Investing in securities involves risk, including the possible loss of your entire investment. Smaller companies, speculative sectors and foreign securities can be especially volatile. Currency movements can affect returns on US securities for Australian investors, and the reverse.

Macro does not receive payment from companies to feature them, and agents are not instructed to favour any security. Our team members may hold positions in securities that appear in the Service. [DESCRIBE ANY PERSONAL TRADING POLICY, AFFILIATE LINKS OR SPONSORED CONTENT, OR STATE THERE ARE NONE]

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