The musical chairs of sovereign debt
Most people spend their entire lives listening to what others say instead of watching what they actually do with their money.
Section
Macro
Debt, gold, compute and the politics behind the charts.
Sep 28, 2026
Edition 08
Edition 08
Compute is the new sovereign reserve
Forget what people are screaming about on the timeline this week.
Sep 28, 2026
Edition 08
Edition 08
Xi’s panda diplomacy
The entire thesis around the panda lore started in a chat with a few friends, watching the news coverage of Trump and Xi’s summit in China, back in May.
Sep 21, 2026
Edition 07
Edition 07
Clarity Act & Macro
Most market participants expected the Clarity Act to clear the Senate floor without major friction.
Sep 14, 2026
Edition 06
Edition 06
Micro vs. Macro: where are we in the cycle?
Despite short term volatility and market liquidations, taking a step back reveals the broader structural landscape.
Aug 24, 2026
Edition 03
Edition 03
The White House & the $40 trillion math
Welcome back to La Sobremesa. In Edition 02, we talked about curating your inner circle and why holding thesis driven conviction beats overtrading.
Aug 24, 2026
Edition 03
Edition 03
Precision on gold & commodities
Spot gold is trading around $4,640 per ounce, resuming its macro uptrend after a couple months of healthy consolidation following its previous peak near $5,475.
