Blog
The Two Consumers: Humans vs. Machines
The Two Consumers: Humans vs. Machines For decades, markets were analyzed through the lens of the human consumer. We spoke about the rich vs. the poor, about whether households had more disposable income to spend on cars, clothing, or...
Read MoreTrump, McKinley, and the Resilience of the American Economy
Trump’s tariff talk echoes McKinley-era policies, but history shows markets recover. While gold faltered, traditional safe havens like Treasuries and bonds offer reassurance in uncertain times.
Read MoreLessons from Railway Mania: Insights for Today’s AI-Driven CapEx Boom
The AI boom is shifting. Like the UK Railway Mania of the 1830s & 1840s, heavy investment is slowing, but the benefits will last for decades. As costs drop, mid-cap and small-cap firms can now leverage AI.
Read More