Among other things social interactions are a machine for forming consensus. As we have seen in literally innumerable historical instances, there is no rule that the consensus be correct, well-grounded, or even plausible. We act like that this process is lashed to reality in some way… but why?

A classic (non-)recession indicator!

All 13 major sectors of economy experienced declines in employment growth.

Divide sectors into 2 groups with roughly equal shares of jobs, but where 1 employs more unauthorized labor... employs 78% of unauthorized workers.

Account for only 36% of decline in employment from 2024 to May-Aug 2025

Cope from a company whose leadership lives in Trump’s backyard

Interesting forecasts. Sounds like it will be more expensive to build in the future and we agree less will be built.

I will bet you $100 we do not run out of energy

How will you drive to the sprawl you are describing in this scenario?

We need more housing to alleviate the crisis of affordability. If it’s not in towers, then we need more cars for suburban sprawl. Pick one or the other. Or both

Yes except the Spring Garden stop!

A 50 minute layover at Schiphol worked out for me this fall, and we got into 15 minutes late! Ofc it helped that I booked through on a single airline so they were prepared to wait for us

Okay this might be it fam. Punishing management teams for over-investing is the first step to reducing capex. We'll see but potential that this report is the beginning of the end.

*ORACLE SEES ANNUAL CAPEX ABOUT $15 BILLION HIGHER THAN FORECAST
*ORACLE SHARES EXTEND DROP TO 10% ON HIGHER CAPEX VIEW

Some of these elections appear to have much better expected returns (even risk-adjusted) than the S&P 500 over the next 11 months! And decently liquid to boot

Hey at least we’ll get IA-03

If there’s a chance Chinese biostatisticians cure cancer (so to speak) before the US does, it would be stunningly immoral to prevent them from trying