Ketzele Research by Gatito Siniestro

Fixed Income Cat in the Land of Equities. On Rates and Credit, Macro and FX, Equities, Balance Sheets, EMs, and historical parallels. Observing the life sitting by the roadside, waiting for the miracle to come.

Launched 6 months ago

The Wheel of Fortune is Spinning Too Fast

Documenting the final stages of financialization, from Korean credit-limit maxing to the $ASTS and $ARM meltup

May 27•Gatito Siniestro

The Narrative Lag and the Blind Machine

As Deutsche Bank flags a $30B private credit exposure, the "well-capitalized" narrative is finally meeting reality

Mar 12•Gatito Siniestro

Empires and Markets: The Never-Ending Cycle of Lies

From the South Sea Bubble to modern capex, the script of decay remains the same

Mar 1•Gatito Siniestro

The High Cost of Not Sitting Still: On Risk, Silence, and the Bureaucracy of Loss

Vicious circle of corporate, group thinking, decision making

Feb 10•Gatito Siniestro

Waiting for the First Domino

Notes from a gamified market near the edge

Feb 5•Gatito Siniestro