December Links

Here are some of the writings that caught our attention this month (and Happy New Year to everyone):

Don’t forget to use your gift cards (or regift or resell them). According to a Bankrate survey, over 40% of Americans have at least one gift card, voucher, or store credit they haven’t used. The estimated average value of these unused items is $244 per person.

Alex Tabarrok highlights AI’s impressive performance, from autonomous driving to mathematical challenges.

Barry Ritholtz, via a Washington Post chart, argues that the US housing shortage stems from the fact that the US doesn’t build as much housing as it used to:

Alexander Campbell provides a grim assessment of the Chinese economy.

Paul Krugman also expresses skepticism about the Chinese economy.

Noah Smith also evaluates China’s macroeconomy, while exploring reasons for its productivity slowdown. Smith is also deeply concerned about the potential geopolitical impacts of China’s growing dominance in manufacturing:

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This material is not intended as an offer or solicitation for the purchase or sale of any financial instrument or investment strategy. This material has been prepared for informational purposes only, and is not intended to be or interpreted as a recommendation. Any forecasts contained herein are for illustrative purposes only and are not to be relied upon as advice.