
Q3 2024
Point of View
Our perspective on issues affecting global markets.
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Article 1
September 24, 2024
The Gundo: A “Hard Tech” Renaissance Along A California Beach That May Fuel The Next Wave Of American Growth
The Golden State has lost its luster. Families are fleeing California for less expensive locales, and firms are decamping to the Sun Belt or the Texas Space Coast. Should the last California resident turn out the lights on the way out? We respond.
Article 2
September 24, 2024
Long Live The King: Understanding The Enduring Reign Of The U.S. Dollar
In 2023, while one nation crowned a new king (Charles), another king, the U.S. dollar, continued its long reign. With topics like “de-dollarization” gaining mindshare, some investors have expected the dollar to be displaced. But, like it or not, the dollar matters the most, arguably more than ever. We detail four of the top misconceptions dollar bears make.
Article 3
September 24, 2024
Not Another AI Article: Artificial Intelligence (AI) As An Industrial Process— And Possibly The Next Big Bubble
While most people encounter artificial intelligence (AI) in the wild as chatbot apps, a massive industrial infrastructure undergirds every query. The buildout in “compute” infrastructure rivals the birth of the Internet Era and may fuel growth in the second half of the 2020s. But will the investment boom also lead to a bust like every bubble before? We explore.
Article 4
September 24, 2024
Global Money Flow$: Exploring Remittances Data
"Deglobalization" is the buzzword of the moment. However, according to data on remittances—migrants sending money home—we are more globalized than ever. Through the 25 largest countries that are sources and recipients of remittance flows, you can learn a lot about the global economy, migrant labor sources and destinations, and vulnerability to external shocks.