Archive - Santiago Capital

Think, Laugh, Cry #50

How a medieval monk's chronicle of a Viking massacre reveals what soap, combs, and bath day taught historians about evidence, memory, and myth.

Aug 5 • Santiago Capital

The Strategic Petroleum Reserve just hit a 43-year low. Is this a scandal or is this a design doing what Congress built it to do in 1975?

Aug 3 • Santiago Capital

20:19

Macro Pilgrim's Ledger | August 2, 2026

Markets clawed back losses after Fed discord and an oil war cooldown, but a 1,100-point single-session drop exposed the fault lines running beneath the…

Aug 2 • Santiago Capital

July 2026

Redundancy Before Returns

Why Infrastructure was Optimized for a World that has Ended

Jul 29 • Santiago Capital

A price-insensitive machine keeps the market bid no matter the news. It runs the same arithmetic in reverse when it turns.

Jul 27 • Santiago Capital

31:29

A Macro Pilgrim's Ledger | July 26, 2026

Oil war, AI selloff, and a Fed pivot toward hikes collided in a week that reshaped the outlook for stocks, crude, and bonds all at once. Published on…

Jul 26 • Santiago Capital

Think, Laugh, Cry #49

The hidden history of salt...how a mineral we ignore today once built empires, funded wars, and kept civilizations alive.

Jul 22 • Santiago Capital

The Thucydides Trap Is Being Read Backwards

The most famous line in realpolitik does not mean what markets think it means. The trap is not the rise. It is what winning does to the winner.

Jul 20 • Santiago Capital

30:23

A Macro Pilgrim's Ledger | July 19, 2026

Semiconductors cracked while crude surged on a Hormuz blockade, exposing the fractures beneath a market that had been hiding them for months

Jul 19 • Santiago Capital

The Impossible Republic

And the Money the World cannot Leave

Jul 15 • Santiago Capital

Macro Pilgrim's Ledger | July 12, 2026

A Hormuz attack reignited oil prices while Nvidia and Meta powered the Nasdaq higher, splitting markets between inflation fears and an unstoppable AI…

Jul 12 • Santiago Capital

Think, Laugh, Cry #48

THINK At every hour of the day, something on me or near me is telling me what time it is.

Jul 8 • Santiago Capital

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