FGA Research & Advisory
Corporate brand
UnclaimedFGA Research & Advisory is a Spanish market-cycle research and strategy consulting firm founded by Francisco Salvador.
Last updated September 1, 2026
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Overview
FGA Research & Advisory is a market-cycle research and strategy consulting firm based in Spain. It was founded by Francisco Salvador, who also serves as a senior macro analysis advisor at Miraltabank. The firm publishes a weekly newsletter called FGA Macro, which analyzes market cycles through four layers: credit, sentiment, liquidity (the Fed), and macro.
History
FGA Research & Advisory was founded by Francisco Salvador. He is also a senior macro analysis advisor at Miraltabank. The firm publishes a weekly newsletter called FGA Macro, which analyzes market cycles through four layers: credit, sentiment, liquidity (the Fed), and macro.
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