I think we all learned an important lesson about stories from journalists who seek to sensationalize topics to generate clicks. The predicted Baltimore supply chain issues never materialized after shipping was shut down by the collapse of the Francis Scott Key Bridge.

Young workers have the lowest unemployment rate since the 60s and weekly wages are higher than in the past. Again, this contradicts the prevailing narrative that Gen Z is doing worse than previous generations. Look past the commentary at the data.

Wall Street wasn’t happy with META’s spending on AI. They’d rather the money be returned to the shareholders. We heard a very similar critique with Amazon as Bezos directed online retail profits into building what would become Amazon Web Services. The future of consumer AI will be through service providers, and companies like Meta and Microsoft will play a part.

The idea of natural gas as a bridge fuel is gaining mainstream support with the likes of Jim Cramer admitting as much. I’m still cautious that it will quickly bridge us to nuclear power which is the only reliable base load source that is carbon friendly.

Finally, the economy seems to be roaring ahead despite predictions of current or pending recession. GPD grew steadily but inflation also. Shelter costs and pending trade tariffs will only make inflation stickier. I see daily commentary on how indicators point toward future recession, but I’m mindful that while these indicators have a high correlation the timing is never consistent.

TOPICS

• Inflation
• Bankruptcy
• Energy
• Domestic Recession
• Labor Market
• Population
• Mergers and Acquisitions
• Globalization
• AI and ML

A stark reminder of where the “big three” auto makers rank by market cap. If the future of automotive is electric, Tesla obviously has an early advantage. Toyota takes a slightly different track with hybrids. Maybe you’ve never heard of BYD, but the Chinese manufacturer has already seen success with exporting vehicles.

A brief summary of Dot-Com Bubble 2.0: How Did We Get Here? by Prithvi Raj Chauhan posted on Hacker Noon

Overview

The bubble repeated, for different underlying speculative reasons but effectively the same boom-bust cycle. What happens next to employment and the broad economy is likely a replay of the early 2000s.

@Prcwrites does a great job covering the technical aspects, I’d like to add some perspective from the employment.

Below is a list of tools and sites I use for my daily media consumption. This list is not exhaustive and represents the top-tier level of information I consume.

Newsletters

Curated SubStack and equivalents. Most are free but I have upgraded to pay for several very valuable authors. Delivered daily, topics range from tech, economy to local (Charlotte, NC) news

Hey is a great email tool from 37Signals that makes sorting, categorizing, tracking email a breeze. All the newsletters go to “the feed” which is an auto-expiring list of emails that reads more like an endless scrolling timeline or blog. Love this product.

RSS / Newsfeed

I use RSS to track various news sources including tech, business, security, national defense and local sources. Most major publications maintain active RSS feed, though sometimes you need to search for them. Inoreader is my new favorite RSS aggregation tool.

I was a long time user of Feedly but more frequently found features behind the paywall. I also experienced several feeds not updating even though the origin site was posting content. Not sure what is going on there, but either way I need to see the latest content everywhere.