Sitemap - 2023 - Random Walk

Dec. 30, 2023 Weekly Recap & Good Reads

Consumption has grown more than income

The Great Replacement

China's got debts

The Youngs Don't Watch TV

What being wrong says about being right

Driving less, without skipping a beat

Dec. 23, 2023 Weekly Recap & Good Reads

A homebuyers market?

What if the Fed makes no difference at all?

Workers making more than bosses

Coffee shops and thrift stores tell you everything you need to know

New York State of Mind

Checking in on Office loans and small businesses

Decoupling with China is hard to do (or is it)

Dec. 16, 2023 Weekly Recap & Good Reads

Student loan repayment and other revealed preferences

Random Walk at Night: We can do better than cities

Everyone's betting on cheaper money

Consumers (still) have money in the bank

Random Walk at Night: Headwinds?! I'll show you headwinds

Three charts on the future of TV

Price check (December Edition)

Dec. 9, 2023 Weekly Recap & Good Reads

Amazon v. Shein

Random Walk at Night: Lights, Camera and Action

Gen-Z is in the renter's seat

Real Assets are so last year

Random Walk at Night: The *real* reason Altman was fired

Traveling Light

Home prices have regressed to the mean

Dec. 3, 2023 Weekly Recap & Good Reads

Excess Liquidity

Random Walk at Night: Of Innocence and Experience, a Conversation with Blake

The latest bank data from the FDIC

Where is job growth coming from?

Random Walk at Night: Where does VC go from here?

The secret to growth is . . .

E-commerce is growing

Nov. 25, 2023 Weekly Recap & Good Reads

The Magnificent Three Are Everywhere

Consumer credit isn't terrible

Random Walk at Night: Real Estate Dispatch

Banks are lending less

AI goes freelance

Nov. 18, 2023 Weekly Recap & Good Reads

Uncle Sam's Borrowing Needs

A Conversation with Kling

An early look at holiday shoppers

Daily Data: China decoupling(?)

Random Walk at Night: Price Check is Not Bad

Daily Data: Some SaaS sells better than others

Daily Data: Treasury Auction Fail

Nov. 11, 2023 Weekly Recap & Good Reads

Daily Data: Population forecast is in

Random Walk at Night: The Marks Are Too Damn High

Daily Data: Consumer Desiderata

Daily Data: Excess Retirees

Random Walk at Night: A productivity boom?

Daily Data: Freightcession

Daily Data: NYC is a bit different now

Nov. 5, 2023 Weekly Recap & Good Reads

Daily Data: Ecommerce is still a big thing

Random Walk at Night: Healthcare YIMBY

Daily Data: Austin is Weird

Daily Data: Excess Savings are Gone

Random Walk at Night: It's Babymaking Time

Daily Data: Where and when are the venture dollars going?

Daily Data: GDP is Cooking

October 29, 2023 Weekly Recap & Good Reads

Daily Data: Power Law eaters

Random Walk at Night: Uncle Sam needs more money, but will there be enough?

Daily Data: BigCos are living large

Daily Data: DOE made credit scores better

Random Walk at Night: Real Estate Dispatch

Daily Data: People are moving

Daily Data: Smaller firms feeling the sting(?)

October 22, 2023 Weekly Recap & Good Reads

Daily Data: Public SAAS stats

Random Walk at Night: Phantom ZIRP

Daily Data: Are we returning to office or not?

Daily Data: How to 10x your networking

Random Walk at Night: Back-to-normal isn't good enough

Daily Data: Luxury is feeling it

Daily Data: Too Big, Can't Fail

October 15, 2023 Weekend Recap & Good Reads

Daily Data: Price check

Random Walk at Night: Sea Changes in capital markets

Daily Data: No more marriage

Daily Data: Old folks are the consumer now

Random Walk at Night: In praise of Twitter

Daily Data: CRE and CMBS are not the same

Daily Data: Iowa

October 8, 2023 Weekend Recap & Good Reads

Daily Data: GenZ Survey Says

Random Walk at Night: Investors are raising money for a lending bonanza

Daily Data: Twilight of an empire

Daily Data: WFH has more "W" than RTO

Random Walk at Night: Real Estate Dispatch

Daily Data: Corporates aren't paying interest

Daily Data: EVs bet on luxury

October 1, 2023 Weekend Recap & Good Reads

Daily Data: AI Apps Aren't Sticky

Random Walk at Night: If we all agree regulators are bad, then why can't we say so?

Daily Data: BNPL is inclusive *and* predatory

Daily Data: WFH persists and grows?

Random Walk at Night: The Almighty Consumer is different now

Daily Data: Discounters make a move or getting moved on?

Interview with a Hobart

September 22, 2023 Weekend Recap

Daily Data: AI is Good

Random Walk at Night: There is still no housing shortage

Daily Data: Longer sales cycles, and other VC-related data

Daily Data: One way that cellphones make lives better

Random Walk at Night: The Creator Economy v. Distractor Economy

Daily Data: Uranium is the New Oil (which is also the New Oil)

Daily Data: Medicare is a bargain(?)

Random Walk Recap & Weekend Reads

Daily Data: Instacart's IPO and VC marks

Daily Data: The Rapid Adoption of Things

Daily Databite: People still have extra cash

Random Walk at Night: Domestic Migration is More of the Same

Daily Databite: Household leverage is low

Daily Databite: Old people lie and good news from CMBS

Daily Data & Weekend Reads: The Insurance Premium Premium

Random Walk at Night: Waiting (for houses) is the hardest part

Daily Databite: We're working, we're spending

Daily Databite: Stealth Stimmy

Random Walk at Night: Instacart's Delight

Daily Databite: Banks are preparing for rainy days

The Housing "Shortage"

Mind the lag

But how is the consumer really?

What happens when Universities run the Treasury playbook?

A Stork In Our Side

High Priests of Healthcare

It's not 'how many?' but 'who?'

Reverting to the mean (just enough, but not too much)

Typoglycemia

Thread's dead, baby, thread's dead

Kahlua and Worcestershire Sauce

Won't be fooled again, until next time that is

Tell your friends to read Random Walk

French Lessons

Congestion?! Is that all I am to you?!

Started from the bottom now we're here

Flipping the bird the bird and getting the bird right back

New Homes > Old Homes

*Special Announcement* Random Walk, a Mission Statement

It's coming from inside the building

Are homebuilders on the march?

WFH is good, actually

American Pastoral v. American Dynamism

Discretion is the better part of valor

Kids are both alright and not alright, so we should have more of them to find out

Strong jobs data and other stuff to ignore

Technology is leaving Venture Capital behind (and VC would be wise to let it go)

WFH Whodunnit: Families, benzos or both?

Misery is supposed to love company, so why can't we get along?

Bye bye biotech, hello loneliness

Consider the Everything Bubble

My buddy, Stan Druckenmiller

Embrace the vibe shift

In the past, our jobs will be obsolete

Don't call it a crisis

Come Mr. Tally Man, Tally Me Bullets and Fiber Optic Cable Guys

Prudence for thee, but not for me

Recession proof mattresses

Rescuing defeat from the jaws of victory

Back to Normal, a Siren Song

Banks are people, people with loans

Magic money wands and unringing bells

Not mad, just disappointed

A change is gonna come

Social media gives us what we want, good and hard

If student loans can't be repaid, does that mean they're toxic?

ChatGPT and the Productivity Paradox

Hot for teacher

Has oil peaked?

All da Aldis

A self-licking ice cream cone