Markets
The market is pricing a landing. The harder question is what comes next.
A framework for looking beyond the next rate decision—and toward the earnings, investment, and expectations that follow.
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Markets / 2026THE LATEST PERSPECTIVEMARKETS · IDEAS · CONVICTION
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The market is pricing a landing. The harder question is what comes next.
A framework for looking beyond the next rate decision—and toward the earnings, investment, and expectations that follow.
Investing / Sample
A great business is only half of a great investment.
A disciplined approach to competitive advantage, reinvestment, and the price you pay.
Technology & AI / Sample
Who captures the value of artificial intelligence?
Infrastructure, applications, and the difficult economics of a powerful general-purpose technology.
Economics / Sample
Why the last mile of inflation deserves a closer look.
Reading the components before drawing a conclusion from the headline.
Business / Sample
The quiet advantage of doing one thing exceptionally well.
What focused companies can teach us about strategy and capital allocation.
Opinion / Sample
The case for having fewer, better-informed opinions.
In a market for instant reactions, taking your time can be a useful discipline.
Politics & Policy / Sample
Good policy starts with the incentives it creates.
Looking beyond stated intentions to examine trade-offs and unintended effects.