Macro Strategy Insights

More AI vs Affordability and Rates

Last week, we contemplated, for the first time, that we might need to Understand Universal Basic Income. The timing was very good as on Monday; South Korea floated the idea of transferring some AI-driven tax revenue to its citizens. As uncertainty around jobs, income, and costs continue to weigh on overall confidence, expect this subject to get more airtime in the political arena. The concept of UBI does go hand in hand with two competing themes – AI and Affordability. China, Iran, and a Whole Lotta Nothing Iran took a backseat to the Summit in China. We had relatively low ... More AI vs Affordability and Rates

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