Mei Chen

AI Infrastructure Investment: Separating Signal from Cycle

Hyperscaler capex on AI infrastructure has reached historic levels. We examine whether current investment levels are sustainable, which segments of…

Inflation’s Second Chapter: Sticky Services and the Soft-Landing Debate

Goods inflation has retreated but services remain stubbornly elevated at nearly 4% YoY. We examine whether the Fed can achieve…

Private Credit’s Ascent: Structural Shift or Cyclical Surge?

Private credit has grown from a niche alternative to a $1.7 trillion asset class. We examine whether this reflects a…