No-Code AI MVPs Are Easy; Reliability Is Hard
Building an AI MVP with no-code is the easy part. The hard part? 👉 Understanding the full architecture 👉 Knowing what to check before and after deployment 👉 Catching risks before users do That’s where real technical knowledge shows up. Anyone can ship a demo. Very few can ship something reliable, scalable, and safe.
Honored with Volcker Lifetime Award for Economic Policy
I’m honoured to receive the Paul A. Volcker Lifetime Achievement Award for Economic Policy. Paul Volcker’s personal conviction reshaped the trajectory of central banking in the US and around the world. Read my speech https://t.co/YcIx8y210A https://t.co/w1EZ0DOmzW
Health Sites Suffer Core Update; Multiple SEO Factors at Play
Quick update: Some of the biggest health and medical sites on the web got hammered by the December 2025 core update and some have dropped even more with the recent volatility. That said, most that dropped have many moving parts...
In‑house Shifts Often Raise Costs, Lower Revenue—Keep Agency Insights
One of our brands we've been working with long-term moved to an internal person last month but they kept us on view access of the account(s). Since they took over? CPA is up 48% ncCPA is up 109% Spend is up 32% Revenue is down...
Quality Code Costs More than Cheap Code
Agentic coding highlights the age-old truth that "writing code is cheap," while writing good code is extremely expensive. You could always pay someone inexperienced very little to kinda get it done. But real quality had its price. Zero difference when AI is...
Own Your Email, Don't Rely on Google Accounts
It’s wild that in a time where Google account are one of the most popular choice for logging into any 3rd-party service, they can be arbitrarily banned like this. Own your email. Own your domain. Don’t delegate. Sucks that this is...
AI Forces Preseed Focus on Demos, Not Ideas
AI moves the goalposts for raising preseed capital: less “tell me your product idea” more “show me what you built and how customers react” In the 1990s people raised $5m+ just to build the v1 of their website. In 2000s that...
Product Improves, CAC Rises: AI Amplifies Growth Dilemma
your product gets better every week, but your CAC gets worse every month Can your product get good enough to generate organic growth before your marketing channels saturate with scale? AI is going to supercharge this conflict. We’ll write even more and...
Influencers Drove Gymshark’s $128M Growth, Not Ads
Gymshark went from $0 to $128M in 6 years using influencer marketing. No TV ads. No billboards. Just athletes who genuinely wore the brand. Meanwhile you're running cold Facebook ads with zero social proof. That's the gap.
Mortgage Rates
5-handle The average 30-year fixed mortgage rate today: 5.99% Same day last year: 6.89% ---------------------- 10-year treasury yield today: 4.03% Spread today: 196 bps
Veris Residential Joins Wave of Apartment REIT Liquidations
Another one bites the dust ... Veris Residential becomes the latest apartment REIT sold or liquidated (18+ in the last 15 years vs. ~12 still remaining). Veris (6.6k units) is best known for its wildly high renter incomes ($480k or 10-12%...
Solve Real Problems, Don’t Just Chase Ideas
He turned a mall booth with taped signs into a $3B fintech. Matt Oppenheimer built Remitly by falling in love with the problem, not the product. He stood outside a remittance store, asked customers why they said no, and pivoted fast. He raised...
Duetti Secures $200M to Target Undervalued Music Rights
Duetti just raised $200 million. It built the infrastructure to invest in the music rights that other companies may overlook. My latest episode on Trapital sits down with Duetti CEO @ltibon to discuss. Check out our latest episode: "Follow The Money:...
Enel Adds 830 MW US Solar‑wind Portfolio
Enel acquires 830MW US PV and wind portfolio, ups renewables investment #energysky -- via pv-tech: https://t.co/3AfV5Qymhs
AI Panic Ignored as Markets Remain Near Peaks
It's kind of amazing there is so much worry about AI doom with the S&P 500 w/in 2% of all-time highs and the unemployment rate at 4.3% Have we ever had an enormous risk like this play out with everyone worried...
Tariff Shifts Offer Rule‑of‑law Gains, Little Immediate Relief
The economic impact of tariff changes. Me on @cnni with @jimsciutto - a bit of good news on rule of law, not much immediate relief. See @PIIE for more analysis https://t.co/bbkP6I3455
Framer Keeps Entire Project Organized in One Place
Having the whole project in @Framer made it easy to stay organized: assets, sections, layouts all together. https://t.co/SQ2a2X0Nqz
Apple’s Cash Return Beats Rivals’ AI Spending, Shows Strategic Restraint
Apple returned $106.1 billion to shareholders. While its competitors collectively committed $500 billion+ to AI infrastructure. Sometimes the most strategic AI decision is knowing when not to build. Source: https://t.co/KNtNLIRTOQ
Base Case Unlikely
Helpful thought-experiment, but undersells: 1) competition & demand elasticity for cheaper code, 2) how fast monetary & fiscal pol move at 10% U3, & 3) wealth effects/reinvestment bolstering productivity & offsetting wage loss. Tail risk yes. Base case no. https://t.co/BDbOcr4sHF
China Swapped US Treasuries for Commodities via BRI
How China largely sold out of their net UST exposure yrs ago AND cornered critical minerals without ever impacting UST or commodity markets: Lend USDs along Belt & Road (BRI), repayable in either USD, CNY, or physical commodities This amounted to swapping...
OKRs Can Accelerate College Students' Career Momentum
Do okrs change the game for college students and recent grads? @cwodtke @andrewconstabl9 @Kellblog @erikstarck @TheAmericanCEO @RogerLMartin @WhatMattersOKRs https://t.co/8MQivbe5dz
Presidential Remarks Won’t Sway DOJ Approval, but May Affect Sale
The president's comments about Netflix/Susan Rice shouldn't have bearing over the approval of any WBD deal — a decision to sue to block would be made by the DOJ which would face an indp judge in court — BUT his...
Start with Bottom‑of‑Funnel, Flip Funnel, 44× SQL Growth
A cybersecurity SaaS came to us with a problem 👇 - Pipeline flat - About 1 demo per month - Marketing basically paused 12 months later: - 44x SQL volume - 1200% more opportunities - Deals closing 3x faster than...
Cheap Chinese EVs: Attractive Until Companies Collapse
Cheap Chinese EVs are boon, until the company goes bust. "Neta Auto’s parent company filed for bankruptcy last year after failing to pay wages, stranding customers in Thailand without after-sales support. Singulato, Aiways, Byton, and Levdeo have all shut down." https://restofworld.org/2026/china-ev-exports-competition-price/
C‑Suite and Front‑Line Miss AI Efficiency Gap
The AI efficiency gap: Why the C-Suite and the front line are living in different worlds by @Timothy_Hughes https://t.co/oDC8OKpx4r @DLAIgnite #SocialSelling #DigitalSelling #Leadership #ArtificialIntelligence #Innovation #Technology #TechNews #Sales #Marketing #Culture #Strategy https://t.co/ACegbrqNxG
Prompts Boost Productivity Only Within Established Systems
“20 ChatGPT prompts to boost your productivity.” Useful? Yes. Transformational? Only if used correctly. Here’s the nuance most prompt collections miss 👇 1️⃣ Prompts don’t create productivity — systems do GTD, Pomodoro, Eisenhower, Ivy Lee… These frameworks worked before AI....
The Forbidden Excel Formula that Haunts Every Organization
I've been doing analytics for 14+ years. And I'm a Microsoft Excel MVP. I still see this regularly in organizations both large and small: The one formula nobody is allowed to touch.
Dollar's Reserve Role Extends to Growing Quasi‑Reserves
Indeed; an important point -- tho the dollar's reserve currency role is often taken to mean its role in private payments not just in official reserves. More importantly, there is a lot quasi-reserves floating around now --...
ONL Rejects $2.75 Offer, Provokes Kawa Proxy Battle
$ONL is a left-for-dead small-cap REIT spin-co. - Entered a cooperation agreement with Kawa Capital (~10%) and launched a strategic review - Kawa offered $2.75/sh last year (stock ~$2.55 today) - Board rejected it as undervaluing, triggering a proxy fight from Kawa. https://t.co/UAlAiUmg9p
Only 5% of CIOs Escape AI Pilot Purgatory
Pilot purgatory is where AI ROI goes to die. 💀 Break the cycle. Learn what the 5% of successful CIOs are doing differently in 2026. Full episode: https://t.co/dJs86sTyRD #CXOtalk #AIValue #CIO https://t.co/n8dG53BcbS
Schedule Your Priorities; Health and Growth Aren’t Negotiable
If it’s not scheduled, it’s negotiable. And your health, growth, and meaningful work should not be negotiable. The Ultimate Productivity Workshop shows you how to give your priorities a home in your week. Claim your seat today. https://t.co/E53E31bsZG https://t.co/flLmbQCWam
Invest in People: Showcase Your Team’s Proven Expertise
Showcase your team’s expertise and ability to execute. People invest in people. ✨ Highlight the strengths and achievements of your core team, demonstrating that you have the right people to bring your vision to life.
December PCE Inflation Hits 2.9%, Exceeding Fed Target
The US Personal Consumption Expenditures (PCE) rose from 2.8%/yr in November to 2.9%/yr in December. That’s ABOVE the FED’s inflation target of 2%/yr. INFLATION = THE GENIE THE FED JUST CAN'T PUT BACK IN THE BOTTLE. https://t.co/bTd3rr7JXl
Emerging Markets Still Offer Cheap Value Opportunities
Emerging markets portfolio manager Juan Torres on: * Where the Real Emerging Markets Value Is * If US Stocks Fall, What Happens to Emerging Markets? * Should You Hedge Emerging Markets Currency Risk? * Is Buying the Dip Still Smart? * Emerging Markets Outlook: Cheap or...
Top Minds Discuss Economics on Larry Bernstein Podcast
Interview with Kevin Warsh, Myron Scholes and (separately) me, on the Larry Bernstein podcast. Excellent questions. https://t.co/LoFzv1bqmR
Supreme Court Rules Trump Tariffs Illegal, Congress Holds Tax Power
Trump's IEEPA tariffs are illegal, as per the SC, and he's going to have to work with Congress and subject to the law now to sustain the tariff regime in various other ways. Or go back to court. China and...
Respect 5 PM Friday News Drops for Safer Investing
It is a prudent investment decision to respect 5pm Friday news drops given recent precedents. https://t.co/phlsQarN5X
Hacker News' “Impossible” Products Prove Surprisingly Viable
This is great. A list of all the products Hacker News thought would never work. Sure, the default to response to ANY project on HN is that it could be copied on a weekend. But this list is _strong_ 🤣 https://t.co/4AiXf2WiXw
New CSAF Outlines Air Force Challenges and Solutions
Exclusive: I recently spoke with @OfficialCSAF for his first interview in the job. Including his perspective on coming back to lead the service, the challenges facing the Air Force and his perspective of how to address them. A read to...
Trump Tariffs Spur Urgent 12‑Month Market Diversification
Another threat from Trump on tariffs. How much market diversification can countries do? Now? In the next 12 months? And supply chains and logistics?
AI May Cut Taxable Income, Complicate Deficit Outlook
#NABE2026 AI and the federal deficits - Wendy Eldeberg formerly of CBO and now Brookings notes that AI could diminish taxable incomes? Reality nuanced due to taxes on workers could diminish. 🤯 AI boom could create a painful labor market...
Customers Buy Core Needs, Not Feature Overload
"We're the all-in-one solution." Cool. But that's not why they bought you. QuickBooks has 1,000 features. But people didn't hire it for 1,000 features. They hired it because of a few core struggles: they needed to get paid, pay others,...
Your Biggest Blind Spot Is Not Seeing Yourself
My wife laughed at me while we were singing in church. I complained, “What? I’m singing harmony.” She said, “No, you’re not.” The hardest person to see is yourself. The most common blindspot: believing you don’t have them. From: https://t.co/NI6z0uk7tr
7 Proven Tactics to Launch SaaS From Scratch
For the 2,300+ of you who bookmarked the full playbook. We both know you’re not reading all that. So I turned it into a list of the 7 things I see actually working right now for launching a SaaS from...
New Updates: Google Cooling, Indexing Bug, Bing AI Praised
It’s New 2/23: Google cooling, page indexing report bug, @mordyoberstein likes the new Bing AI links, @gregfinn tries to make sense of Google Ads budget pacing and @TheMarketingAnu covered a new Meridian tool https://t.co/Ee9widt6Wd
Job Seekers Paying Recruiters: The New Hiring Reality
What if everything you believed about how hiring works… was only half the story? The job market has always had rules. Apply. Interview. Get picked. Simple, right? But something is quietly changing beneath the surface — and it's making a...
Majority of Americans View Trump’s Tariffs as Harmful
Americans go negative on Trump's tariffs. A majority of U.S. adults say that the impact of tariffs on their families will be negative. https://t.co/eOn1TQa7Bi
Chile's Chicago Boy Reforms Outpace Argentina's Peso Woes
Chile basks in the afterglow of the free-market reforms put in place by Pinochet’s Chicago Boys (1973–1990). Argentina struggles under the weight of the Argentine peso. CHILE LEAVES ARGENTINA IN THE DUST. https://t.co/UyNgQY2kIL
EU Halts US Trade Deal, Shifts Focus to Asia
EU stops trade deal with the US. What is next for the EU, India, and China and trade deals with the US? And for supply chains and logistics?
New Xbox CEO Aims to Revive Gaming Division
Inside Microsoft’s big Xbox leadership shake-up. Microsoft has a new gaming CEO who wants to bring Xbox back from the brink. I've been speaking to Xbox employees about how it all went down. Gift link for emergency Notepad issue this...