Author Archives: Felix

Axios Capital: The brutal economics of concrete

Also in this week’s newsletter: Why America’s so weak on antitrust; more Robinhood revelations; Duolingo files for an IPO; booming stocks; and much more. All in 1,671 words, a 6-minute read.

Posted in Uncategorized | Comments Off on Axios Capital: The brutal economics of concrete

Axios Capital: The Khan narrative

In this week’s newsletter: Lina Khan vs. big tech; a new future for Fannie and Freddie; the small-business boom; the failure of COVAX; and much more. It’s 1,755 words, a 6.5-minute read.

Posted in Uncategorized | 1 Comment

Axios Capital: A deep dive into unemployment fraud

Welcome to a special edition of Axios Capital, where the whole newsletter is devoted to a single subject.

Posted in Uncategorized | Comments Off on Axios Capital: A deep dive into unemployment fraud

Axios Capital: The $400 billion unemployment heist

In this week’s newsletter: Unemployment-claim crime, stablecoins, digital currencies, and NFTs. Also: Housing costs, Chinese EVs, and much more. 

Posted in Uncategorized | Comments Off on Axios Capital: The $400 billion unemployment heist

Axios Capital: Let me tell you a story

In this week’s newsletter: The differing meanings of inflation, the financial importance of a good story, AMC (of course), unreliable financial advisers, crypto investors, the Libor mess, used-clothes unicorns, and much more. 

Posted in Uncategorized | Comments Off on Axios Capital: Let me tell you a story

Axios Capital: The shareholders strike back

In this week’s newsletter, I look at the power of shareholders, focusing on energy and media. It’s bigger than you think — except, of course, at Amazon.

Posted in Uncategorized | Comments Off on Axios Capital: The shareholders strike back

Axios Capital: The meta gold rush

In this week’s newsletter: Making money off the YOLO investing boom; the new Coinbase pay structure; gyrating consumer prices; rich states; ethical companies; ransomware; and much more. All in 1,756 words, a 6.5-minute read.

Posted in Uncategorized | Comments Off on Axios Capital: The meta gold rush

Axios Capital: Caught short

In this week’s newsletter: Recovering from chaos; the Robinhood debate; the death of Nuzzel; the question marks over the Gates Foundation; Peloton’s woes; David Swensen; and much more. All in 1,844 words, a 7-minute read.

Posted in Uncategorized | Comments Off on Axios Capital: Caught short

Axios Capital: It’s not fair

In this week’s newsletter: What to make of the Super League fiasco; how green finance went mainstream; how banks aren’t lending, or hiring senior Black executives; the hottest experiential artist; excessive executive pay; and much more.

Posted in Uncategorized | Comments Off on Axios Capital: It’s not fair

Axios Capital: Now you can stonk your crypto bet

In this week’s newsletter: Coinbase, dogecoin, Tiger, Madoff, housing, renting, and much more. 

Posted in Uncategorized | Comments Off on Axios Capital: Now you can stonk your crypto bet

Axios Capital: Are you active?

In this week’s newsletter: Active trading, corporate taxes, stupidly expensive art, pandemic rebounds, fintech outperformance, and a mea culpa. 

Posted in Uncategorized | Comments Off on Axios Capital: Are you active?

Axios Capital: The bubble still hasn’t burst

In this week’s newsletter: Archegos, Greensill, Miley Cyrus, Morphosis, Alan Turing, Harriet Tubman, infrastructure, secret loans, NFTs, and much more. 

Posted in Uncategorized | Comments Off on Axios Capital: The bubble still hasn’t burst

Axios Capital: Let’s put 2020 behind us

The fever still rages — but never has it been more certain that by this time next year, and probably much earlier, the delirium will have broken.

Posted in Uncategorized | 1 Comment

Axios Capital: The transatlantic divide

In this week’s newsletter, I look at the differences between how the U.S. and Europe are approaching the current coronavirus wave; the weirdness that is the current stock market; Visa’s status as a monopoly; the sale of Supreme; podcast wars; … Continue reading

Posted in Uncategorized | Comments Off on Axios Capital: The transatlantic divide

Axios Capital: America’s rebound

A GDP report for the ages; how dual interest rates can save the world; Africa’s funding gap; PetSmart loses Chewy; Google’s app rebrand; an unusual Sotheby’s auction; and much more.

Posted in Uncategorized | Comments Off on Axios Capital: America’s rebound

Axios Capital: The highest bidder wins

Auctions make the world better

Posted in Uncategorized | Comments Off on Axios Capital: The highest bidder wins

Axios Capital: Theatre of the absurd

The fideist slogan credo quia absurdum (“I believe because it is absurd”) is the best way to make sense of the Trump administration.

Posted in Uncategorized | Comments Off on Axios Capital: Theatre of the absurd

Axios Capital: When society faces the unprecedented

Our febrile world is not normal.

Posted in Uncategorized | 1 Comment

Axios Capital: America’s rebound

It’s the rebound economists didn’t see coming.

Posted in Uncategorized | Comments Off on Axios Capital: America’s rebound

Axios Capital: Left out of the country

America’s cities are facing a historic shortage of two vital resources: money and immigrants.

Posted in Uncategorized | 1 Comment

Axios Capital: When stocks become ironic

There have been moments of market euphoria in the past, moments when stocks stop being a serious mechanism for the allocation of scarce capital, and start being a fun, positive-sum casino.  There have also been moments of national crisis, with tens of … Continue reading

Posted in Uncategorized | Comments Off on Axios Capital: When stocks become ironic

Dice thoughts

A few weeks ago, while I was going for a walk in the woods, I came up with a thought experiment. Later, I tweeted it out, and later still, I asked the listeners of Slate Money to write in with … Continue reading

Posted in Uncategorized | 2 Comments

Axios Capital: A brand-new Fed

Today is a truly historic day in Fed history — one that will have a transformative effect on U.S. monetary policy for the foreseeable future.

Posted in Uncategorized | Comments Off on Axios Capital: A brand-new Fed

Axios Capital: The government’s cash crunch

The age of ever-growing deficits has devastated one group of government entities in particular — the ones that have historically been self-sufficient, funding themselves directly from their own revenues.

Posted in Uncategorized | Comments Off on Axios Capital: The government’s cash crunch

Axios Capital: Humility at scale

Philanthropy is rarely associated with humility.

Posted in Uncategorized | Comments Off on Axios Capital: Humility at scale