Macro research on Capital Markets, Geopolitics & the Madness of Crowds — all through the lens of the Dollar Milkshake Theory. By Brent Johnson.
| Platform |  | Pricing | Freemium | Publishes | Daily |
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| Issues | 253 | Founded | 2 years ago | Last Issue | 6 days ago |
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research.santiagocapital.comLatest Issues
Think, Laugh, Cry #53
A hiring committee chose Hitler over Roosevelt and Churchill...and what that reveals about how badly we misread the signals that matter
THINK “The world is never as you expect.”
Everyone Is Storming the Wrong Castle
The bet against America is the most crowded, most confident trade in the world. I think it is standing on a mistake almost nobody has noticed.
Next weekend the arguments will start again, the way they always do. Someone will show you a cha...
Macro Pilgrim's Ledger | September 13, 2026
A tanker war in the Strait of Hormuz, crude back above $100, and a hot inflation print locked in a September rate hike...here is what moved markets the week...
"Walking the path of global markets, one step at a time."
I Read All 17 BRICS Declarations. Here's What They Actually Built.
Next weekend in New Delhi they meet for the eighteenth time. Before the headlines start, here is what the previous seventeen actually produced.
Next weekend, September 12th and 13th, the leaders of the BRICS bloc meet in New Delhi. It is t...
Macro Pilgrim's Ledger | September 6, 2026
A flat week on Wall Street hid a 9% crude surge, a blowout jobs report, and a 419-point Dow swing...the full breakdown inside..
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We cover the intersection of financial markets, geopolitics and the madness of crowds as we view them through our famework of the Dollar Milkshake Theory.
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