BriefingsInsight before it
Insight before it
becomes consensus
Short-form analysis on what changed, why it matters, and what to watch next.
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The New York Premium
New York City's mobility and safety have never looked better. Its affordability has never looked worse.
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Rates held, risk repricedTerm premia rose; duration sold off.
Compute bottlenecks persistLead times extended across GPUs and HBM.
Deterrence spending acceleratesBudgets shift toward readiness and redundancy.
Briefing stream
17 briefingsMay 42026State CapacityThe Price That Prices the WorldBrent crude has risen roughly 70 percent since February5 minApr 282026Capital MarketsThe Most Profitable Business Ever BuiltHow Alphabet stands apart9 minApr 242026Capital MarketsThe Split and the ConvergenceBlackRock scaled the flow, Blackstone engineered the outcome.6 minApr 232026Capital MarketsCapital is KingAnalyzing three decades of foreign direct investment4 minApr 152026Cities & InfrastructureEconomics from A to ZLanguage as a public goodShort readApr 92026Advanced TechnologyThe Tipping PointBecoming the leader in scientific research and development5 minApr 82026Advanced TechnologyIndustrial Policy in the Age of AIOpenAI starts a conversation1 minMar 252026Cities & InfrastructureHow Maryland's Economy ComparesA decade of outperformance is tested7 minMar 192026State CapacityThe Bill That Could Have Changed American Democracy19th-century effort to stop Southern disfranchisement4 minMar 162026Strategic CompetitionGlobal Growth May Be DoomedDark clouds on the growth horizon3 minMar 132026Risk & ResilienceThe Gordian Knot of EmissionsDirty Growth or Clean Stagnation2 minFeb 132026Risk & ResilienceThe Great Energy SurgeTwo centuries, compounding demand4 minFeb 122026Capital MarketsHousing Market BluesJanuary sales post sharpest drop in nearly four years2 minJan 282026Strategic CompetitionTrends in US-China PowerMapping military advantages—why speed matters more than scale4 minJan 162026Capital MarketsThe Federal Reserve is at a Breaking PointHow Politics and Personnel Are Reshaping American Monetary Policy11 minJan 142026Capital MarketsThe Federal Reserve's Split PersonalityHow a century-old compromise built a central bank no president can control6 min