Pot Lots Part 1: Birth of a Marijuana Market
New York City has long been seen as a holy grail for the legal weed industry, with millions of potential customers. And last year New York state started handing out licenses for its first recreational...
20 Apr 202322min
So Much of the World Economy Has Been Going in Reverse
Over time, we expect the world to get richer. Yes, there are disruptions and setbacks (and we have seen several large ones in the last few years) but the expectation is to see growth and an increase i...
17 Apr 202345min
Eight Months In, What Is Happening With Biden's CHIPS Act?
In August of last year, the White House signed the CHIPS and Science Act of 2022, a bipartisan effort to bring more advanced semiconductor manufacturing onto US shores. Of course, it already has plent...
13 Apr 202348min
What Commercial Real Estate Stress Means for Banks and Bond Funds
In the last month or so, two macro risks have become top of mind for investors. One is the stability of regional banks. The other is the weakness in the commercial real estate market. On some level, t...
10 Apr 202347min
Nassim Taleb on What Bitcoiners, Anti-Vaxxers and Deadlift Maxis All Get Wrong
Nassim Taleb has never been shy about expressing his viewpoints on a wide range of topics. But lately he's been getting into verbal tussles with people who have long looked up to his wisdom. Whether i...
6 Apr 202355min
The NYC Landlord Who Says the "Golden Age" of Being a Landlord Is Over
For the most part, being a landlord, particularly in a major city, has been a good business to be in. Rents historically just go up — as do property prices. And there are multiple other ways to make m...
3 Apr 202341min
Matt King Sees a $1 Trillion Liquidity Drain Heading for Markets
One of the big mysteries in markets right now is why risk assets rallied so strongly into the new year even as policymakers were adamant that they would continue to go hard on inflation by raising rat...
30 Mar 202336min
Betsy Cohen On Tech Investing and How SVB Failed Banking 101
The tech world is in a precarious moment. Valuations are down. The IPO window seems shut. SPACs are a thing of the past. And the industry's pre-eminent bank just went bust. So what now? Where are the ...
27 Mar 202340min
