Surfing tsunamis
- The outlook for AI continues to dominate markets
- But the best insights come from first-hand experience
- This piece is free to view
Nowhere to hide – but not for the first time
An early Claude-drafted analysis, written in response to a chart and accompanying argument in an FT column. The note replicates the original chart from primary sources, extends the history back to 1900, and adds a portfolio-drawdown analysis with and without gold. Referenced in Surfing tsunamis.
Every margin, everywhere, all at once
A Claude-drafted Satori research note on cross-regional forward operating margins, the labour-share / Kalecki framing, and the credit-equity divergence. First-pass draft used for the April webinar; awaiting a structural rewrite. Referenced in Surfing tsunamis.
When fiscal becomes physical
A Claude-drafted research note built around two charts from the Fed’s H.8 commercial-bank loans release and the Shared National Credit programme – the worked example that prompted an exchange chronicled in Surfing tsunamis.
