Macro Notes
Contrarian investment theses on the macro shifts most investors are ignoring
- Top in Finance
- #55
- Paid leaderboard
- #269
- Subscribers
- 60K
- Paid subscribers
- 100+ paid
- Badge
- Bestseller 100
- Followers
- 60K
- Paid plan
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- Recommends
- 6
- Podcast
- Yes
rounded by Substack
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Growth history
Rank in Substack’s finance leaderboard: #55 today
Stats worth sharing
Tracked since Sep 10, 2026 — 1 daily snapshot so far. The card below is built from what we track and refreshes nightly. It is free for Macro Notes to post, embed or send to readers, as long as the watermark stays on it.
- Percentile
- Top 11%
- Best rank seen
- #55
- Posts
- 8
- Reactions per post
- 22
- Reactions tracked
- 259
of 525 ranked finance newsletters
on Sep 10, 2026
last 30 days
average, recent posts
across 12 posts
Most-reacted post we have seen: The satellite internet thesis is up 258% — 32 reactions on Aug 5, 2026.
Recent posts
- The $5 Trillion Opportunity to Turn Intelligence Into Movement
When we think about AI, we think about ChatGPT, Claude, AI agents in CRMs, and all kinds of applications serving the virtual world. We might also think about film production, content creation, and so on. Today, let’s look at AI in the real world , because this is a macro trend that is booming right now, and the deployment of AI in robotics and autonomous systems is accelerating. Amazon celebrated its millionth robot in 2025. The IFR also recorded 542,000 industrial robot installations in 2024 , more than double the number ten years earlier. Industrial robotics has been growing for a long…
- Europe’s €800 Billion Rearmament Has a China Problem
The mission of Macro Notes and the platform we’re building, Altis.finance , is to help you discover compelling investment theses before they pass you by. For me, the most effective way to invest over the medium to long term has always been a global macro approach, combined with top-down stock picking. Put simply: identify a macro thesis — a structural change in a market, for example — then work your way down to the companies best positioned to benefit. Europe’s rearmament is a good example. European countries are responding to the Russian threat by increasing defense spending. Which companies…
- The $1.6 Trillion Asset Becoming Collateral
Bitcoin is one of the most liquid assets in crypto. It trades around the clock, seven days a week. As I write this, its market capitalization sits at roughly $1.57 trillion , with tens of billions of dollars changing hands on active trading days. Yet for most of Bitcoin’s history, a holder who needed liquidity faced a strangely simple choice: Sell Bitcoin. Need capital to fund a business? Sell Bitcoin. Need cash for a large purchase? Sell Bitcoin. Want to redeploy capital into another opportunity? Sell Bitcoin. And every sale solves the immediate liquidity problem by creating another one: you…
- The Strange Economics of the $200 Billion Tanker Market
- AI Is Creating a Memory Inflation Shock
- The $600 Billion Sovereign AI Race - Macro Notes Podcast 001
- The $202 Billion Precision Oncology Thesis
- The $600 Billion Sovereign AI Race
- +90.7% Romanian Banking Thesis
- The satellite internet thesis is up 258%
- Why The Fiber Optics Thesis Isn't Over Yet
- Why I Believe Humanoid Robots Are the Most Promising Investment Thesis of the Next Decade
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Data: Substack public leaderboards and publication archives, refreshed nightly, plus public beehiiv sitemaps and recommendation pages, refreshed weekly. Source for this page: Macro Notes. Subscriber counts are Substack’s own rounded public figures, so week-on-week changes move in steps. beehiiv audience sizes are self-reported by the publisher and are not verified. Last snapshot: Sep 10, 2026.