Highlights
Recent News
Records on Narrow Shoulders as the 10-Year Yield Tops 5.3%
Dear readers, The S&P 500 closed above 7,800 for the first time on Tuesday, and the bond market did not...
PepsiCo and Delta Put the US Consumer to the Test as Stocks Hit Records
Dear readers, Wall Street is at record levels, and the stocks that depend on household spending are not. This week...
Cash Flow Beats Backlog as Banks Brace for Earnings
Dear readers, Investors have a simple test for the fourth quarter: show me the cash. Microsoft passes it and Oracle...
Q4 Stock Picking: Where Scarcity Is Priced In, and Where It Isn’t
Dear readers, Friday's edition showed how selective spending has become, with Nike punished for its guidance and the jobs report...
Popular
Net Worth
From Chips to Chains: Crypto Becomes Finance’s New Backbone
Dear readers, While the rest of Wall Street keeps refreshing chip shipment trackers and Fed dot plots,...
The AI Boom Hits a Hardware Wall — And Consumers Shrug
Dear readers, Yesterday's newsletter tracked the invisible plumbing being built to protect AI systems. Today the story...
AI’s Next Bottleneck Isn’t Chips. It’s Cybersecurity.
Dear readers, Yesterday we wrote about a market forced to separate cash machines from cash burners now...
Five Percent Yields Separate Cash Machines From Cash Burners
Dear readers, The five-percent world is back, and this time it sent a bill. With the ten-year...