My end-of-week morning train WFH reads: • Hollywood and Big Tech Are Preparing for War: The studios and the platforms circle each other as AI scrambles the economics of content. The fight that will define the next decade of entertainment. (The Hollywood Reporter) • Bitcoin hits 20-month low as market sentiment sours: Price of world’s…
Read More
The post 10 Friday AM Reads appeared first on The…
My end-of-week morning train WFH reads: • You Have No Idea What a Trillion Dollars Is — and We Have Proof: WSJ runs an interactive on what a trillion actually means as Musk closes in on it. Useful corrective for headline numbness. (Wall Street Journal) • People love working from home. But does it love…
Read More
The post 10 Friday AM Reads appeared first on The Big Picture.
My end-of-week morning train WFH reads: • Congrats. You’re About to Unwittingly Make Elon Musk a Trillionaire. SpaceX is IPOing next week. And there’s a good chance you’re gonna own a portion of it—whether you like it or not. (The Bulwark) • Oil industry warns Trump administration of price spikes within weeks: Politico on the…
Read More
The post 10 Friday AM Reads appeared first on The Big…
My end-of-week morning reads: • One Million New-Car Buyers Are Gone and They’re Not Coming Back Soon: WSJ on the demand hole left by affordability — a million households permanently priced out of the new-car market. The structural part of the auto cycle that doesn’t show up in monthly SAAR. High gas prices, rising interest rates…
Read More
The post 10 Friday AM Reads appeared first on The Big…
My end-of-week morning train WFH reads: • What’s the Sticker Price of Exorbitant Privilege? A clean Substack walk-through of the dollar’s “exorbitant privilege” — what reserve status earns the US, what it costs, and what would actually shake it. The de-dollarization chatter usually skips the math; this one shows it. That raises the obvious question:…
Read More
The post 10 Friday AM Reads…
My end-of-week morning train WFH reads: • Miami got NYC’s billionaires. Will it get their businesses? The fact is, high earners who were formerly geographically tethered to their companies can now work remotely. They are optimising their domicile for taxes, weather, and quality of life. On the slow second leg of the Miami trade. Family-office…
Read More
The post 10 Friday AM Reads appeared…
My end-of-week morning train WFH reads: • The Great $110 Trillion Wealth Transfer Won’t Happen Any Time Soon: Financial advisory firms like to talk about a looming event called “the great wealth transfer,” where the huge and very wealthy baby-boomer generation dies off and their children inherit their money. But the process may be more…
Read More
The post 10 Friday AM Reads appeared first on…
My end-of-week morning train WFH reads: • ‘Thoughts and prayers’: The minefield that awaits Kevin Warsh at the Fed: Jerome Powell likely presided over his final rate-setting meeting as chair on Wednesday, ending a turbulent period as central bank chief. (Politico) • More than half of all Polymarket “long shot” bets on military action pay…
Read More
The post 10 Friday AM Reads appeared first on…
My end-of-week morning train WFH reads: • It Was on Your Table Every Morning Growing Up. It’s Dying Before Our Eyes: Florida’s orange industry — long a breakfast-table staple — is collapsing, and no one in the state wants to face it. Deep in desiccated Southern groves, the powerhouse of American citrus is suffering a…
Read More
The post 10 Friday AM Reads appeared first on The Big Picture.
My end-of-week morning plane reads: • The AI Jobs Scare Meets 250 Years of Data: What does history show? The economic stories of transformative technologies often display two important elements. 1) A rough patch at some point; 2) Business productivity (eventually) surged, living standards climbed, and the prophets of permanent technological unemployment turned out to…
Read More
The post 10…
My end-of-week morning train WFH reads: • I Did Not Predict What Is Going on in Privates: They are not low-volatility, low-correlated (to equities) investments. Not marking something doesn’t make it low risk. I’m not going to rehash it here, but please consult prior work for why the ostrich isn’t truly safe from the lion. The…
Read More
The post 10 Friday AM Reads appeared first on The Big…
My first day of Spring (yay!) reads: • Finance Bros to Tech Bros: Don’t Mess With My Bloomberg Terminal: Professional investors spend more time with the computer system than they do with their spouses. So when AI evangelists declared it ‘cooked,’ it was war. A battle of insults and threats has broken out between the…
Read More
The post 10 Friday AM Reads appeared first on The Big Picture.
My end-of-week morning train WFH reads: • AI Isn’t Coming for Everyone’s Job: The Atlantic on the limits of artificial intelligence — the things AI does brilliantly and the vast terrain of human work it can’t touch. The rise and fall of the player piano indicates a robust demand for human labor that machines cannot…
Read More
The post 10 Friday AM Reads appeared first on The Big Picture.
My end-of-week morning train WFH reads: • Starting Your Own Business Is All the Rage Again: The threats and opportunities presented by artificial intelligence are driving people to bet on themselves (Wall Street Journal) • ADP Jobs Report Shows White-Collar Losses in February: The professional and managerial class is getting hit hardest in the latest hiring…
Read More
The post 10 Friday AM…
My end-of-week morning train WFH reads: • People Loved the Dot-Com Boom. The A.I. Boom, Not So Much.: The dot-com era generated genuine public excitement. The AI boom is generating anxiety, skepticism, and resentment — even as the money keeps pouring in. (New York Times) • Constellation Brands: The Fastest Growing Beer Company in America: The parent…
Read More
The post 10 Friday AM Reads…
My end-of-week morning train WFH reads: • Netflix Calls Paramount’s Bluff: Netflix gave Warner Bros. a seven-day waiver to hear Paramount’s “best and final” offer, essentially daring David Ellison to put real money on the table or walk away. A masterclass in deal-making psychology — and a Godfather reference just waiting to happen. One week…
Read More
The post 10 Friday AM Reads appeared first…
My end-of-week morning train WFH reads: • Super Bowl ad slots hit record prices as brands return to TV marketing: Broadcaster NBC says some brands are paying more than $10mn for a 30-second slot. (Financial Times) • Expect Equity Markets to Broaden in 2026, Led by Small Caps, International: Both fiscal and monetary stimulus should boost…
Read More
The post 10 Friday AM Reads appeared first on…