My Two-for-Tuesday morning practice WFH reads:
• Inflation Is Stinging Bonds—With One Large Exception: Treasury inflation-protected securities are producing constructive returns regardless of a tough bond market. Barron’s on TIPS lastly doing the job they have been designed to do. Value re-reading in case you’ve been underweight inflation-linked paper for the final decade. (Barron’s)
• It’s Boating Season, However Solely If You Can Afford Gas: In regular instances, boaters spend their cash at marinas, sort out outlets and dockside eating places, preserving native companies buzzing. This 12 months, they’re spending all of it on the pump. (Businessweek)
• What layoffs conceal about the actual downside with the job market: The WaPo on a labor market the place the headline layoff numbers are tame however hiring has quietly collapsed — the no-fire-no-hire financial system. A extra helpful body than most takes you’ll see this week. Regardless of high-profile cuts by corporations together with Meta and UPS, layoffs are about as little as they’ve been in years. (Washington Publish)
• Life After Ozempic: Esquire on what occurs when sufferers come off GLP-1s — the burden, the urge for food, the connection to meals, the unfinished science. Once you cease taking the miracle weight-loss drug, the cravings return—for meals, sure, but in addition for one thing extra. The post-prescription part is the place the actual story is. (Esquire)
• AI eats the world. Benedict Evans on Tech platforms shifts: Each 10-15 years, a platform shift reshapes expertise. What occurs in a platform shift? Who’s affected, and the way a lot? Inside tech: new gatekeepers, new worth seize. Outdoors tech: Is that this a brand new device, a brand new income mannequin, or an existential menace? Benedict Evans’s annual deck — clear charts, no breathlessness, and probably the most helpful single doc for fascinated by the place AI economics truly sit proper now. Required studying. (Benedict Evans)
• Worry and Loathing in Palo Alto: Washington Month-to-month on the Silicon Valley proper’s temper circa late spring 2026 — the bravado has thinned, the attorneys haven’t. A helpful temperature-take on a tribe whose self-image is more and more out of sync with its personal stability sheet. Theo Baker’s debut e-book is a film-worthy investigation of Stanford’s tradition of fraud. However his disdain for the tech bros retains him from understanding them. (Washington Month-to-month)
• Hating AI is nice, truly: A spirited rebuttal to the soft-determinist “AI is simply right here” framing — helpful as a counterweight even in case you in the end disagree. Pair with the WSJ “American Insurrection” piece. LinkedIn could also be awash with boosters, however shunning AI is the human alternative. (The Hand Basket)
• The Mercedes-AMG GT 4-Door Coupé makes a dramatic debut: For those who nonetheless suppose EVs are low-key, quiet and a bit of bit vanilla, Mercedes-AMG needs to vary your thoughts. Introducing the primary all-electric automotive from the high-performance sub-brand (Wallpaper)
• 10,000 rulings: The courts’ overwhelming rebuke of ICE insurance policies: A POLITICO evaluation reveals judges have dominated towards ICE detention practices in roughly 90 % of instances because the company mandated that thousands and thousands of immigrants should be locked up whereas they face deportation proceedings. Politico tallies up the immigration courts and finds the administration has been dropping — quietly, at scale, on the legislation. The political story and the authorized story are operating on totally different clocks. (Politico)
• Blond Ambition 100 years of Marilyn Monroe: Monroe is known for her mixture of irrepressible sexuality and childlike innocence, however those that knew her in life discovered her much less girlishly naive than tragic and wounded. A Bookforum essay-review on a brand new spherical of Madonna writing — what the venture has been, what it value, and what the newest biographers get flawed. Good cultural criticism. (E-book Discussion board)
Video of the day: The blueprint for turning into an emotionally mature grownup, in 68 minutes.
Be sure you take a look at our Masters in Enterprise interview this weekend with Vimal Kapur, CEO and Chairman of DJIA part Honeywell Worldwide. The agency is within the midst of dividing into three corporations: Honeywell Automation, Honeywell Aerospace, and Solstice Superior Supplies. The agency has totally built-in AI because the intelligence layer in all of its automation processes and merchandise.
Kevin Warsh is going through the very best yields on 10-year Treasuries on his swearing-in date of any Fed chair going again to Alan Greenspan in August 1987
Supply: @lisaabramowicz1
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