Bretton Woods Research

Macroeconomic Service

Who We Are

Bretton Woods Research, LLC is a macroeconomic research firm that analyzes the political economy from a supply-side framework. We assess fiscal, monetary and regulatory policy, in addition to political and geopolitical currents, in order to identify and anticipate risks and opportunities for growth and equity appreciation in the global economy.

Started in 2006, Bretton Woods Research continues to provide macroeconomic research for Wall Street institutional money management firms. We follow in the analytical tradition of Polyconics, Inc., which offered macroeconomic research for more than twenty-five years before transitioning to a foundation in 2006.

Why Bretton Woods Research?

We provide a singular, coherent, and compelling framework with which to interpret and anticipate events in the global political economy. Clients often remark that the unique, big picture perspective we offer has been ‘like a compass’ and an invaluable part of their investment decision process.

At Bretton Woods Research, we pride ourselves on continuing with the great analytical tradition developed by late mentor and legendary supply-sider, Jude Wanniski. So, with a keen eye on gold, the Polaris to the universe of prices and a tutored understanding of the market, Bretton Woods consistently provides superior forecasting to its clients and an indispensable, day-to-day surveillance of the macroeconomy.

What You Can Expect As A Client

Reports and Briefs on significant developments that affect both domestic markets and the political economy, as well as developments and opportunities in foreign countries.

Recommended Readings highlight impact pieces, which offer important insights and supplement our ongoing analysis.

Conference Calls are an opportunity to run through the major issues that make up our macroeconomic outlook. Conference calls can be scheduled on a monthly basis or upon the request of our clients. We always welcome client communication.

The reports below correspond to our Year End Call Sheet where we review how our analysis stacks up against how events unfolded:

Analyst Bios Sample Brochure Sample Report Client Testimonials

Vlad Signorelli

President & Global Economist

Vlad Signorelli founded Bretton Woods Research, LLC after Polyconomics, Inc. ceased operations as a macroeconomic forecasting firm in 2006.

Mr. Signorelli first joined Polyconomics in 1995 as a Global Research assistant and produced analysis on New Zealand and Korea. In 1997, he became Global Readings editor. By 1999, he pursued opportunities for the firm through Bloomberg and the web, which he continued until March 2003. His internet columns have appeared in Dow Jones’ Markets Magazine. Prior to returning to Polyconomics in 2004 as Director of Global Research, he was a product and online marketing manager for a European import company. Mr. Signorelli graduated from the University of Michigan with a BA in History.

Mr. Signorelli has been quoted in Bloomberg, and his analysis has appeared in Seeking Alpha, Tech Central Station, and the Johnson Russia List.

John Seiler

US Politics, Editor-At-Large

John Seiler brings extensive experience and insight into his role. He has been press secretary to California state Senator John Moorlach since 2017. Before that he was editorial manager and writer at the Orange County Register since 1987, following a stint as editorial writer at the Washington Times. He also was managing editor for California state government-focused CalWatchdog from 2010-2015. His pieces have appeared in the Los Angeles Daily News, Policy Review, Human Events and Chronicles. And he has written political economic analyses for Laffer Associates since 2002. He is a former Russian linguist for the US Army and a graduate of Hillsdale College.

Patrick Lawrence

Foreign Policy/Global Specialist

Patrick Lawrence is a writer and columnist. He has published five books and is now at work on his sixth. He served as a correspondent abroad for many years and is also an essayist, editor, and critic. Lawrence has taught at universities in the U.S. and abroad and lectures widely. He currently produces weekly commentaries for a variety of publications, primarily on foreign affairs and the media. Lawrence was a correspondent and subsequently a columnist overseas for more than 25 years, chiefly for the honorable and now defunct Far Eastern Economic Review, the International Herald Tribune, and The New Yorker. He is a graduate of Vanderbilt University.

Kenneth Rapoza

Global Markets Specialist

Kenneth Rapoza is a columnist for Forbes, covering business, finance and some geopolitics regarding emerging markets, especially, Brazil, Russia, India and China. Ken often travels abroad and has visited or lived in: Brazil, Russia, India, Colombia, Ukraine and the United Kingdom. Ken is a former Wall Street Journal/Dow Jones reporter and former Polyconomics contributor. His work has also appeared in the Nation, Salon and USA Today. He has appeared on FoxNewsBusiness and live broadcasts on NPR and the BBC. He is a graduate of Antioch College

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“I had the good fortune of being a good friend of Jude Wanniski and a client of his from 1981 until the time of his passing. Over that period of time, I had a chance to observe an array of economic and political changes through which only the classical model, the ‘supply side model,’ could successfully navigate its adherents…I can state in an unqualified fashion that the analyses provided by the scion company, Bretton Woods Research, run by Paul Hoffmeister and Vlad Signorelli, is as good as any produced by Jude and these previous associates. In fact, better than any other classical economist, Bretton Woods Research has explained the dynamics affecting monetary policy that reconciled what Alan Greenspan had called the ‘conundrum’ of the bond market. It was Bretton Woods Research’s knowledge of what I call the Wanniskian correllary, that is, the effect of geopolitical events on money demand, that allowed them to provide the unique monetary and bond insights that no one else could provide. I consider Paul and Vlad to be essential reading for anyone that has to allocate capital as a money manager.”

Stephen W. ShipmanCFA Century Management Pasadena, CA

“99% of what I read, in the financial press, is garbage. But Bretton Woods Research delivers the most important macroeconomic information an investor needs to know. Because of the insight provided by Bretton Woods Research I’ve been able to double my gains within the space of a month! A good analogy is that BWR functions like a weathervane. With Bretton Woods Research, I basically take their reports and ask myself, “how would legendary supply-sider Jude Wanniski invest given the major variables as presented by Bretton Woods?”

William PitneyBretton Woods Client

“Bretton Woods routinely demonstrates that its brand of economic analysis leads to outstanding asset allocation decisions…A clear-thinking alternative voice, ably supported. A voice that needs to be heard.”

Richard FurlaudArtorius Funds New York, NY

“I highly recommend the work of Bretton Woods Research. Bretton Woods is the best continuation I’ve seen of the macroeconomic service I enjoyed with Jude Wanniski’s Polyconomics, Inc.”

Bosworth ToddChairman Emeritus Todd-Veredus Asset Management, LLC

“I look forward to the research notes from BWR everyday and find them very helpful. Of particular are the periodic, timely pieces on topics of immediate note and importance. They are among the most carefully thought out and prompt flash analysis I receive.”

A. Alexander Arnold, IIIManaging Director, First Republic Investment Management, New York, NY

“Bretton Woods Research has made many terrific calls over the past few years that I’ve worked with them. Their economic framework and analysis has done a better job of consistently explaining and predicting economic and market developments than any other strategy or research firm that I am aware of. Their work has become an important part of our investment process.”

Joe MathiasConcourse Capital Partners