This morning I broke down rising recession risks, sticky inflation, and a labor market flashing red lights in my Medium post. But after digging into more data, a fascinating counterpoint is emerging: despite tariffs, rising prices, and economic jitters, American...
The labor market is officially sending a distress signal. August’s Nonfarm Payrolls data came in well below expectations, unemployment is creeping higher, and for the first time in this cycle, there’s a one-to-one ratio of unemployed workers to job openings. The...
The confirmation hearing for Stephen Miran, President Trump’s nominee for the Federal Reserve Board of Governors, wasn’t just another political spectacle in Washington. For investors like us, it’s a signpost of where monetary policy is headed — and a reminder that...
Summer’s over, backpacks are packed, and students across the country are heading back to school. But in 2025, “school supplies” don’t just mean pencils and textbooks—they mean AI. Platforms like ChatGPT have become an essential part of how this generation learns,...
The midyear reports from three of the industry’s most influential contractors—Skanska, DPR, and Gilbane—read like a snapshot of a construction economy wrestling with headwinds. Tariffs, policy ambiguity, and immigration enforcement fears dominate the headlines,...
When you develop communities, you quickly learn that the buildings are just the shell—the true infrastructure is resilience. Twenty years after Hurricane Katrina tore through the Gulf Coast, the lesson is still painfully clear: when disaster strikes, communities can’t...
