The State of the Union and the High Cost of Domestic Protectionism
The rhetoric was predictable. The market reaction was anything but. Following last night’s State of the Union address, the financial…
Author: Chloe Summers
Capital Flees the Silicon Valley Echo Chamber
The Great Fiscal PivotThe AI trade has run out of oxygen. It is not a crash. It is a migration.…
The Sovereign Ledger Trap
The Davos Dream of Digital PesosDavos is talking about Latin America again. The World Economic Forum recently signaled that stablecoins…
The Great Retirement Income Mirage
The 4% rule is deadIt was buried in the 2022 rout. It was cremated by the 2024 inflation spike. Retirees…
Spirit Airlines Trades Yellow Paint for Premium Margins
The yellow planes are back.Spirit Airlines has finalized its exit from Chapter 11 protection. The carrier successfully shed nearly $1.1…
The Artificial Intelligence Premium Faces a Brutal Reality Check
The Era of Blind Faith EndsThe honeymoon phase for artificial intelligence is over. Investors are demanding receipts. The market no…
The Cognitive Deficit Threatening Modern Labor Productivity
The Human Capital ErosionThe numbers do not lie. Labor productivity growth has hit a structural ceiling. While silicon chips get…
The Executive Trade Trap
The rule of law is bending. Markets are breaking. Donald Trump just declared that the United States Congress is irrelevant…
The Artificial Labor Cliff Is No Longer Theoretical
The Decoupling of Output and EffortThe numbers do not lie. Morgan Stanley Head of European Sustainability Research Rachel Fletcher recently…
The Silicon Ceiling Remains Unbroken
The market is efficient. That is the lie we tell ourselves.Capital allocation in the technology sector remains tethered to legacy…