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    Market Analysis

    Fitch Warns AI Spending Collapse Could Trigger Recession

    TL;DR: Fitch Ratings modeled a scenario in which a 35% US equity decline and a sharp AI capex pullback push US GDP down 0.6% in 2027 and drag global growth below 1%, according to Firstpost's report o…

    Jeff Barnes, MBA··6 min read
    An elevated view of Wellington’s government district and nearby streets, seen under moody light with the harbor in the distance.
    Alternative Investments

    New Zealand sees smaller budget deficit before election

    TL;DR: New Zealand’s government cut its fiscal year 2027 operating deficit forecast to NZ$8.73 billion from NZ$14.09 billion, according to Yahoo Finance , and now expects surplus in 2028 29. For inve…

    Jeff Barnes, MBA··7 min read
    A dark, dramatic market display with glowing gold light suggesting strong earnings growth and investor attention.
    Alternative Investments

    S&P 500 Earnings Are Growing 24%-32%

    TL;DR: Analysts now expect S&P 500 EPS to grow 24% 32% this year, according to The Motley Fool , a pace the report says has appeared only twice before in the modern era. I would treat that as a p…

    Jeff Barnes, MBA··6 min read
    A modern corporate office tower at dusk, lit in navy and gold tones, suggesting a merger deal setting.
    Alternative Investments

    AIRE and OceanLight Sign $1B Merger Deal

    TL;DR: AIRE signed a merger agreement with OceanLight Acquisition that gives AIRE a Company Net Value of $1.0 billion, according to GlobeNewswire . The deal still needs shareholder approvals, regulat…

    Jeff Barnes, MBA··6 min read
    Close-up of an oil pump jack or energy infrastructure component, lit with gold highlights against dark navy tones, emphasizing the mechanical details that drive global energy prices and inflation.
    Market Analysis

    Fed, ECB, BOJ Raise Rates as Energy Shock Hits

    TL;DR: The Fed, ECB, and Bank of Japan all raised rates in September 2026, reversing 2025's easing cycle, after a fresh energy shock pushed inflation back above target, according to LSEG. US energy p…

    Jeff Barnes, MBA··6 min read
    Aerial view of an Israeli defense technology facility rendered in cool blue and white futuristic lighting, showing manufacturing and research buildings from above.
    Venture Capital

    Protego Ventures Closes $125M Debut Defense Tech Fund

    TL;DR: Protego Ventures closed its debut fund at $125 million, per TechCrunch . Led by Lital Leshem and Lee Moser, the fund writes $5M–$15M checks into Israeli defense tech. I care less about the tot…

    Jeff Barnes, MBA··6 min read

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