Serious investment thinking that doesn’t take itself too seriously.
There's a far more plausible explanation, and if anything, AI will be a job-creator. “AI is taking white collar jobs” is a thing people are saying, but they’re very probably...
Short post today. This is just a fun chart that (a) speaks to the difficulty of forecasting, and also probably (b) the incentives inherent to sell-side research. Earnings...
In case you missed it, Trump put the screws to China, while giving the rest of the world another 90 days to negotiate. Negotiate what? Unclear, but Random Walk thinks it’s...
Transaction data, hotel bookings, value shoppers, booze hounds, student borrowers . . . we got it all checking in on the Almighty Consumer, tariff uncertain, or nay? transaction...
More join the "healthcare is the jobmaker" chorus, but there's more than just 'told you so'. healthcare jobs replaced all the manufacturing jobs (much to the benefit of women and...
And that's unfortunate, because the alternative is much worse. ADP blames soft jobs on “uncertainty,” but the data mostly says otherwise slow hiring is the trend, not a sudden...