These terms apply when you use delaxcom.org. By using the site, you agree to them. They're written to be read, not skimmed past.
The short version
We describe exposure. We never tell you what to buy or sell.
Our figures are model estimates, and each one carries a label saying how far to trust it.
Decisions about your money are yours, and so are their results.
Who we are
The site is run by DelaxCom LLC, an Iowa company ("we").
DelaxCom LLC 5874 Merle Hay Rd Unit 1043 Johnston, IA 50131 United States contact@delaxcom.com
Not investment advice
Everything on DELAX GEO-RISK is general information and analysis. Nothing here is a recommendation to buy, sell or hold any security, and nothing here is tailored to your circumstances, even when the Workspace scores holdings you entered yourself. DelaxCom LLC is not a registered investment adviser or broker-dealer, and using the site does not make you our client. Before you act, consider speaking to a qualified, regulated adviser.
Model estimates, not forecasts
Scenario figures, probabilities and exposure scores come from models. The methodology page explains how they're built and labels each situation by how much evidence supports it. Some figures describe events that have never happened. Market data comes from third parties, may be delayed or wrong, and can be unavailable. Text written by AI can contain mistakes. Past market behaviour does not guarantee future results.
Using the site
You may use the site for your own research and share links to it. Please don't overload or attack the site or its API, get around its limits, or resell its data. Market data belongs to the providers named on the site and is subject to their terms.
Your personal data
Our privacy notice governs how we handle personal data, and it forms part of these terms.
Accounts
Signing in is optional. If you sign in, keep that account secure (your Google or Microsoft account, or your email and password). We may suspend or close an account used to abuse the site or its API. Signing out and deleting an account work as the privacy notice describes.
Free, with credit. You may quote, chart or report DGSI readings, including in news, commentary, research, teaching and paid publications, and use them for your own non-commercial purposes. Credit them as “Source: DELAX Global Strain Index (DGSI), delaxcom.org” and do not alter the figures.
Needs a written licence from us.
Downloading DGSI data in bulk or by automated means, or redistributing it as a dataset or feed.
Including it in a product or service you sell, such as a data platform, terminal, app or index.
Using it to create, settle or benchmark a financial product, or as an input to a fund or trading model.
The method is published so it can be checked. You are welcome to describe, test or criticise how the DGSI is built. You may not present an index of your own under the DGSI or DELAX name, or in a way that suggests it is ours.
The inputs belong to their publishers. The DGSI is built from data published by the US Energy Information Administration, the US Bureau of Labor Statistics, the UN Food and Agriculture Organization, the Federal Reserve Board, and the Geopolitical Risk index of Dario Caldara and Matteo Iacoviello (Creative Commons BY 4.0). These terms cover the DGSI, not those sources.
No warranty, and limits on liability
The site is provided "as is" and "as available", without warranties of any kind, express or implied, including accuracy, fitness for a particular purpose and uninterrupted availability. DelaxCom LLC's total liability for any claim arising from your use of the site or your reliance on it, including investment losses, is limited to the amount you paid us in the twelve months before the claim, or USD 100 if you paid us nothing. This cap does not apply where the law does not allow one.
Governing law
These terms are governed by the laws of the State of Iowa, USA. Any dispute will be heard in the state or federal courts located in Polk County, Iowa.
Changes
We may update these terms. The date at the top shows when they last changed, and continuing to use the site afterwards means you accept the new version. Questions: contact@delaxcom.com.