News · Ideas · Global · 7 Jul 2026
Google Research has built an artificial intelligence model capable of analyzing spreadsheet-style data and generating predictions without the hours of manual setup that such work has traditionally required — a step the…
News · Credit · Global · 30 Jun 2026
In the first quarter of this year, the average withdrawal request across the 12 largest funds was 12.1% of total invested money. They are only allowed to release 5%. Seven of the twelve hit that limit, spread the withdrawals proportionally across everyone who asked, and ended up paying out just 53 cents on every dollar requested.
Deep Dive · Credit · Global · 29 Jun 2026
Funding-structure risk, redemption pressure, and the bifurcation of BDC platforms as the zero-rate expansion unwinds
News · Markets · Global · 29 Jun 2026
The Bank for International Settlements has done what few institutions will -- named the AI investment surge as a potential systemic threat, compared it to the canal mania of the 1830s, and explained, precisely, why a bust this time wouldn't stay contained beyond Silicon Valley.
News · Policy · Global · 23 Jun 2026
In 1849, a merchant named Sam Brannan ran through the streets of San Francisco clutching a vial of gold dust and shouting that fortunes were waiting in the hills to the northeast.
Deep Dive · Rates & FX · Global · 19 Jun 2026
Rising yields across the U.S., Europe, and Japan are no longer a cyclical footnote — they reflect a structural repricing of sovereign supply, term premium, and central-bank retreat that changes the rules for every major asset class.
Deep Dive · Macro · Global · 16 Jun 2026
Kevin Warsh's case for lower rates rests on a productivity story that hasn't materialized — and new evidence suggests the AI buildout is already pushing prices higher.
Deep Dive · Ideas · Global · 14 Jun 2026
Enterprises spent record sums on AI in 2025. Most have little to show for it. The bottleneck is not the technology — it is whether employees feel safe enough to actually use it.
News · Ideas · Global · 14 Jun 2026
A slick boardroom presentation. The rollout of AI across the organization. Profit misses estimates? AI will improve productivity in the next quarter.
Deep Dive · Markets · Global · 9 Jun 2026
The Shiller CAPE and Buffett Indicator sit at or near all-time highs simultaneously. The market can stay expensive for a while. The margin for error says it can't stay wrong for long.
News · Markets · Global · 8 Jun 2026
SpaceX is preparing to debut at a staggering $1.75 trillion valuation — the largest IPO in U.S. history. The company has genuine competitive advantages and an impressive track record, but at 94 times revenue, the asking price leaves almost no margin for error. Investors should look past the mythology and focus on four underappreciated risks: declining Starlink ARPU, Starship execution delays, the growing drag from xAI losses, and Musk’s ironclad governance structure that leaves little room for minority shareholders.
News · Ideas · Global · 6 Jun 2026
In a report released this week, the Anthropic Institute disclosed internal data showing how quickly its artificial intelligence is learning to improve itself. That raises an important question. What happens when AI systems start designing their own successors?
Deep Dive · Markets · Global · 4 Jun 2026
Short sellers make markets more honest. A fraud conviction, a decade of relentless equity gains, and an army of Reddit traders are pushing them out of the business — and the costs are going to be felt by investors who never once thought about short selling.
News · Markets · Global · 1 Jun 2026
A veteran market analyst maps the parallels between 2026's AI rally and the dot-com peak of 2000 -- and explains why the differences don't fully close the gap.
News · Ideas · Global · 29 May 2026
Chris Olah, speaking at Pope Leo XIV's encyclical launch, urged religious and civil voices to act as external critics of an industry shaped by "pride and ambition"
