AI-merican Exceptionalism

By reducing minimum efficient scale, AI can allow smaller companies to unlock economies of scale earlier, expand with less friction, and compete in markets dominated by far larger organizations...

Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over

“My first read is that investors will not immediately price this as a full return to war, but they also cannot go back to the clean ‘peace dividend’ trade. The bigger point is that any path from ceasefire to durable peace now looks much longer and much more fragile...”

Goldman: "We Haven't Seen Panic On The Desk, Yet"

"If the news turns cracks into a crevice and market leadership shifts, this could turn into a much deeper selloff as the worst historical drawdown in the factor is about 2x vs current selloff." - Goldman


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