Sitemap - 2026 - Random Walk
Things Are Cheaper (If You Know Where to Look)
Of Burritos and the Price of Status
Have Your Burrito And Eating It Too
Warsh Doesn’t Want to Be God King, But The Street Still Clamors For Signs and Omens
Capital Intensity🤝Capital Light
The Shift from Token-Maxxing to Token-Optimizing is Good, Actually
Of Economic Regime Change, and Anti-tech Sentiment
Online Shopping Is Stepping Into AI-Overdrive
Another Big Defection from Team Housing Shortage
Marks are [High][Low][Just Right]
Job Growth, Starting From the Bottom (and Still There)
Oil Shock or Nah (and the Machinations of Iran's Biggest Customer)
Why Isn't the On-Ramp Working?
Chart Dive on Private Credit, PE/VC
"ICE has not improved labor markets(?)
DOGE ftw!; Luxury woes; Manufacturing Boomlet; Real AI threat; Housing Supply is *perfect*
Uncharted waters, blissfully unaware
Michael Burry Chimes in...When it comes to housing, it’s the interest rates, stupid
Curley Reprise; Density Change; Fading Fade America; Redemption Risks; Generational Flippening
A tale of three prices (for oil)
Can't Lose; Curley Effects; Zyn Tax; Homebuyer Shortage; BDC Woes
Let's see what the Cycle Dragged in
Gas compression, jobs, dispersion and vol, nuclear, and Hormuzing
Secondaries, deeper, stronger, liquider
Citrini asks all the wrong questions, mostly
The hottest thing in employee comp, and other labor market missives
A chart dive on the PE-Direct Lending Scene
You got to admit it's getting better
5 Idea Friday: SaaS, licensing, houses, beauty, and small caps
AI everything cycle, and SaaS strikes back (maybe)
If AI is taking jobs, then where are all the productivity gains?