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Market notes on futures, geopolitics, and real-world trading.
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Recent articles
Argentina: Milei's Stabilization and the Cost of Recovery
What happened to Argentina's economy after Javier Milei took office: inflation, the budget, the currency market, trade, labor, and the social cost of reform.
August 25, 2026
7 min read
The July Storm, or How a Drawdown Was Sold to You as a Genius's Collapse
How Situational Awareness reportedly lost 67% in July, retained around 80% year-to-date returns, and why liquidating positions doesn't mean liquidating the fund.
August 2, 2026
8 min read
Samsung and SK hynix Sold Expectations
China's CXMT, HBM, ordinary DRAM and DUV lithography: why the market hit Korean memory stocks and where the real threat is.
July 28, 2026
5 min read
«What really happens doesn't worry me, as long as it looks good on paper»
Musk became the first trillionaire on the SpaceX IPO. I break down the company's fundamentals, why the market paid around two trillion, and how the listing actually hit the exchange — while everyone watched the fireworks.
June 23, 2026
11 min read
