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What is wrong with the pricing of the energy crisis consequences?
Markets are pricing in aggressive rate hikes based on 2022 nostalgia, falling into a trap where raising rates now is monetary suicide, not inflation…
May 19
April 2026
Okta, Inc.
AI is rebuilding every layer of software, and while the market punishes everyone wholesale, someone is quietly building the control tower for the age of…
Apr 2
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Zeph
February 2026
SaaS Armageddon
AI is undermining the seat-based SaaS model faster than Claude can code. But the survivors will be those who rewrite their pricing for agents, not empty…
Feb 27
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Zeph
Equilibrium
The AI boom in the stock market is a rational bubble.
Feb 13
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Zeph
April 2025
Unsafe Zone
"Don't make the mistake of thinking that what's happening now is mostly about tariffs. Tariffs are just a symptom of deeper, structural problems." — Ray…
Apr 23, 2025
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Zeph
2
January 2025
How a Farmer from Ohio Learned to Predict Crises
Benner's Cycles demonstrate periodicity, where each century has its own "dark period" when the world literally shakes from economic, political, or…
Jan 13, 2025
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Zeph
2
September 2024
Ukrainian Resources
An assessment of what is happening on Ukrainian territory through the lens of critical and scarce natural resources.
Sep 9, 2024
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Zeph
June 2024
Coherent Corp.
To truly appreciate the depth and scale of the new era of technology, you need to look below the waterline and examine those who are holding up that…
Jun 6, 2024
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Zeph
April 2024
Nvidia Corporation
Nvidia has earned a reputation as an innovator. The company pioneered the development of graphics processors that, by most accounts, transformed…
Apr 19, 2024
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Zeph
February 2024
Newmont Corporation
Industry leader in sustainability and environmental stewardship. Holds the world's largest gold reserves: approximately 100 million ounces.
Feb 7, 2024
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Zeph
November 2023
Coupang, Inc.
In March 2021, the company completed its IPO on the NYSE. Post-IPO market cap exceeded $60B.
Nov 25, 2023
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Zeph
September 2023
The 2008 Economic Crisis
A bank run is like a fire in a crowded theater: it is collectively irrational for everyone to run, but perfectly understandable that when one person…
Sep 20, 2023
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Zeph
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