About the Founder
Decades of markets experience. One mission: make it make sense.
Market Sleuths was built for readers who want to understand the economy — not just follow it.
Stephen J Morton, CFA
Founder & Editor, Market Sleuths
Career Highlights
- CFA Charterholder
- Former COO, Blackstone Fixed Income Relative Value Fund
- Former Global Macro Head, Natixis
- Co-Founder & CIO, Inyo Capital
- Career spanning Salomon Brothers, BNP Paribas, HSBC, Blackstone, Natixis
“The best investment decisions come from understanding what the market is wrong about — not what it already knows.”
Stephen J Morton, CFA, brings decades of international experience in investment banking, bond trading, portfolio management, and financial writing. His career has taken him through London, Tokyo, and New York, with positions at Salomon Brothers, BNP Paribas, HSBC, Blackstone, and Natixis.
Steve began his financial markets career trading floating-rate notes at Salomon Brothers in London. He subsequently held senior fixed income and currency trading responsibilities in Tokyo, worked as a proprietary trader at HSBC, and served as chief operating officer of Blackstone's fixed income relative value fund.
At Natixis, he established its global macro investment business and managed an absolute return strategy. He later co-founded Inyo Capital, where he served as chief investment officer and developed a quantitative global macro approach informed by portfolio theory and diversification.
His subsequent work includes hedge fund consulting, investment due diligence, and financial writing. Through Market Sleuths, he brings this experience to readers seeking a clearer understanding of economic developments and the forces connecting financial markets.
Career Timeline
Why Market Sleuths
Finance explained without the jargon — but never dumbed down.
Market Sleuths covers the connections between financial markets: interest rates, bond yields, currencies, inflation, and central bank policy. The goal is to make these forces accessible to younger readers and people without a finance background — while retaining the rigour that experienced investors expect.
Interest Rates & Bond Yields
How central bank decisions ripple through every corner of the economy and your portfolio.
Currencies & Inflation
The forces that quietly erode or protect purchasing power — and how to read the signals.
Diversification & Portfolio Theory
Practical frameworks for building resilient portfolios informed by decades of real-world experience.
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