the wolf of wall street (lower case)
David WolfA macro market newsletter written by a market maven to help you make money and have fun, with no surprises..
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
| Issues | 250 | Founded | 3 years ago | Last Issue | 8 days ago |
| Active | |||||
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davidwolf.substack.comLatest Issues
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...
Oil Round-Trips, Yields Don’t: The Epistemology of Markets
Do not be intimidated by the following seemingly esoteric terms.
They are easy to understand. You may have already studied them.
Consider these three branches of philosophy:
empiricism is the philosophical theory that all knowledge or...
As American as Mom, the Market, and Apple Pie in São Paulo
Up. Up. Up. Chop. Chop. Chop.
That is the best way to describe last week’s summertime market. The S&P, +1.75%, refused to yield to higher yields (the 30-year Treasury bond rose 12 basis points to 4.99%), but AI angst keeps it from reaching...
Sweet Emotion: How the bears beat the bulls last week
[For the best experience, read on the website]
“I can’t tell you honey, where I will be in a year”
One of the side benefits of writing here on Substack is that I get out of the bubble of prices, yields, and charts in search of metaph...
Twist and Shout! The Warsh Yield Curve
[For best visualization, read on the website here]
Last week
Twist and Shout!
The most important news last week was that the US beat Australia 2-0, guaranteeing its spot in the World Cup Round of 32.
Most important to markets w...
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Authors
The writers behind this newsletter.
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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