The AI Spending Migration Begins
In 1901, a group of investors gathered in New York to debate whether electricity was overhyped. 1901, coal tycoons, steel
Read MoreIn 1901, a group of investors gathered in New York to debate whether electricity was overhyped. 1901, coal tycoons, steel
Read MoreWall Street thinks Big Tech may be lighting $700 billion a year on fire. If that’s true, we’re in the
Read MoreFor weeks, John Paulson stayed quiet. He didn’t want to address the elephant in the room. A single bet on
Read MoreWelcome to 2026. By now, you’ve seen the footage. Blackhawks over Caracas, flashbangs at Miraflores, and Nicolás Maduro in zip
Read MoreEditor’s Note: Every so often, someone shows me something that genuinely changes how I think about markets. Jonathan Rose is
Read MoreProspective buyers arrive during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. David
Read MoreThe ball may have dropped in Times Square last week, but that wasn’t the visual that truly marked the dawn
Read MorePresident Donald Trump delivered a nearly two-hour State of the Union address on Tuesday, focusing largely on the economy that
Read MoreOver the past few days, I’ve been writing about what I call the “One Rule” economy. In short: Washington has
Read MoreThe American housing market is broken in a way that no interest rate cut can fix. Buyers can’t afford the
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