Pinecone Macro Research
@pineconemacro.bsky.social
Chief Nerd at PMR & Bulwark Capital
Venezuela Update
Venezuela Update
Not a Market Mover & Nobody Knows What Comes Next
pineconemacroresearch.substack.com
January 5, 2026 at 2:08 AM
Venezuela Update
Tesla market cap - $1.5T
BYD market cap - $0.12T
BYD market cap - $0.12T
January 2, 2026 at 3:11 PM
Tesla market cap - $1.5T
BYD market cap - $0.12T
BYD market cap - $0.12T
I became a Boomer today. Putting up bird feeders and I am jacked about it.
December 31, 2025 at 6:05 PM
I became a Boomer today. Putting up bird feeders and I am jacked about it.
What a candle...
December 29, 2025 at 6:22 PM
What a candle...
December 28, 2025 at 5:04 PM
The S&P 500 is up less than 3% priced in EUR
Btw - STOXX Europe 600 is up over 32% priced inn USD
Btw - STOXX Europe 600 is up over 32% priced inn USD
December 27, 2025 at 12:42 AM
The S&P 500 is up less than 3% priced in EUR
Btw - STOXX Europe 600 is up over 32% priced inn USD
Btw - STOXX Europe 600 is up over 32% priced inn USD
Have a great weekend
December 26, 2025 at 11:33 PM
Have a great weekend
Every metal is basically curving left on the chart and the 1yr inflation swap is sub 2.2%
December 26, 2025 at 11:22 PM
Every metal is basically curving left on the chart and the 1yr inflation swap is sub 2.2%
Couple interesting news items today
December 24, 2025 at 4:11 PM
Couple interesting news items today
The US is not exactly the only place thinking about LatAm
December 23, 2025 at 6:43 PM
The US is not exactly the only place thinking about LatAm
December 23, 2025 at 12:29 AM
December 21, 2025 at 11:41 PM
December 21, 2025 at 11:34 PM
Fun Fact - sometimes technical analysis works
December 18, 2025 at 9:52 PM
Fun Fact - sometimes technical analysis works
Sometimes easy to forget that the US is only 13% of global imports
December 17, 2025 at 6:00 PM
Sometimes easy to forget that the US is only 13% of global imports
Couple Bessent Quotes:
“We’ve gone to a highly financialized economy. We’ve stopped making things—especially a lot of things that are relevant for national security.”
"38% of Americans don't own stocks, aim to get to zero."
Main Street's turn...TO BUY STOCKS?
“We’ve gone to a highly financialized economy. We’ve stopped making things—especially a lot of things that are relevant for national security.”
"38% of Americans don't own stocks, aim to get to zero."
Main Street's turn...TO BUY STOCKS?
December 17, 2025 at 3:22 PM
Couple Bessent Quotes:
“We’ve gone to a highly financialized economy. We’ve stopped making things—especially a lot of things that are relevant for national security.”
"38% of Americans don't own stocks, aim to get to zero."
Main Street's turn...TO BUY STOCKS?
“We’ve gone to a highly financialized economy. We’ve stopped making things—especially a lot of things that are relevant for national security.”
"38% of Americans don't own stocks, aim to get to zero."
Main Street's turn...TO BUY STOCKS?
Not looking like a very passive equity stake here...
December 15, 2025 at 11:17 PM
Not looking like a very passive equity stake here...
Microsoft Edge is a pretty talented stalker
December 15, 2025 at 6:50 PM
Microsoft Edge is a pretty talented stalker
December 14, 2025 at 11:43 PM
December 14, 2025 at 11:34 PM
I like silver - I even wrote about a squeeze just like this 18 months ago
BUT - the monthly RSI for silver futures is above 85 now. This happened 2 other times since 1980 and both resulted in a drawdown of over 70% from the peak. Caution warranted...
BUT - the monthly RSI for silver futures is above 85 now. This happened 2 other times since 1980 and both resulted in a drawdown of over 70% from the peak. Caution warranted...
December 11, 2025 at 6:11 PM
I like silver - I even wrote about a squeeze just like this 18 months ago
BUT - the monthly RSI for silver futures is above 85 now. This happened 2 other times since 1980 and both resulted in a drawdown of over 70% from the peak. Caution warranted...
BUT - the monthly RSI for silver futures is above 85 now. This happened 2 other times since 1980 and both resulted in a drawdown of over 70% from the peak. Caution warranted...
The Fed started rate cuts 15 months ago - after 7 rate cuts in that span - the 10yr yield is...
50bps higher than when we began
50bps higher than when we began
December 11, 2025 at 12:18 AM
The Fed started rate cuts 15 months ago - after 7 rate cuts in that span - the 10yr yield is...
50bps higher than when we began
50bps higher than when we began