Reletter
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the wolf of wall street (lower case)

David Wolf

A macro market newsletter written by a market maven to help you make money and have fun, with no surprises..

Platform
Substack
PricingOnly free issuesPublishesTwice weekly
Issues254Founded4 years agoLast Issue9 days ago
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Latest Issues

$2 Trillion: Is the Price Right for the Anthropic IPO?

The Price Is Right is the longest-running game show in TV history. The first production was on NBC back in 1956. In 1965, the show was canceled, only to be brought back by CBS in 1972. Today it is the network’s most popular daytime show....

9 days ago
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The Bond Market Intervention: A Bessentian Tragedy, a Trumpian Comedy

[For best visualization, please read on the website by clicking HERE.]

The Intervention

On Wednesday morning, Treasury Secretary Scott Bessent surprised the markets with a measure intended to influence the price of long-term US Treas...

16 days ago
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AI means All-In

Lady Luck dealt me a good hand when she gave me a seat at the table – a job on the mortgage-backed trading desk back in 1986, at PaineWebber, an investment bank that was bought by UBS in 2000. I say I was lucky because I had only taken one...

23 days ago
14
3

Welcome Back

(For the best experience, read on the website here).

I have been friends with John B. since we were about 7 years old and with Paul A. since college. Combined, that is ninety years of friendship. After months of planning, they arrived in S...

a month ago
7
1

Macro Monitor, July 19th, 2026

Dear reader, I beg your indulgence. I’ll be away for the next three weeks on a Brazilian adventure with old friends — heading to the Pantanal in western Brazil to photograph jaguars.

A cleared head tends to sharpen perspective on the marke...

2 months ago
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  • David Wolf

    Born in Washington, DC. BA in Philosophy, Williams College. Resident of São Paulo, Brazil. 35 years trading, including Armor Capital, Lentikia Capital, Unibanco, Black River Asset Management, Cargill Inc., PaineWebber Inc.

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