Apricitas Economics - Joseph Politano's data-driven macro newsletter covering monetary policy, labor markets, inflation, and public policy. A single-author written publication, not a panel.
Record AI capex with Azure growth stalling means the spend outruns revenue, compressing Microsoft's multiple.
AI capex boom drives hyperscaler property and equipment to record highs; Alphabet leads the buildout
TSMC sits at the center of the AI import surge; US imports from Taiwan up 670% in three years
Computer memory prices more than tripled in a year as AI demand strains global manufacturing capacity
No calls extracted yet — pending review.
SB79 upzones transit-adjacent CA land statewide, expanding buildable units for the builder with the biggest CA land bank.
Cloud infra demand (AWS-type) holds up best in tech while web search and IT design jobs bleed out
Search-portal businesses face the steepest structural decline as AI erodes the core franchise
AI buildout concentrates power demand in Texas and Virginia grids, lifting merchant producers selling into scarcity.
