Serious investment thinking that doesn’t take itself too seriously.
Signs of slowdown, and some scepticism that AI capex will generate enough returns anytime soon A change to the zeitgeist, and it’s definitely gloomyhealthcare makes all the jobs,...
Distressed Office sales are the most common saleschecking in on vacancy and absorption ratesthe fabric of American life, forever changed (by longer distance living)not all...
So why are homebuilders so sad? In today’s dispatch: home prices hit an all time highstrangely, no one wants to build new homes, and homebuilders are saddiscounts everywhere, but...
In today’s dispatch: banks are lending lessbanks are also generating less revenue, and NIM continues to slide (for now)are Zombie banks good?bank exposure to non-bank lending is...