Housing markets, macro trends, and economic commentary by Conor Sen
Conor Sen: Municipalities weigh job impact of corporate relocation incentives
Conor Sen observes that it is standard for municipalities to offer financial incentives to companies that relocate, in hopes of creating jobs. Sen points out a new dynamic as cities assess how ...
CPI data to be covered tomorrow, Conor Sen notes
Conor Sen discusses the current state of the U.S. economy and the Federal Reserve, mentioning a forthcoming conversation with Irving Swisher. Sen also notes that Skanda will join to cover consumer ...
Conor Sen: Token spend of $75,000 may replace $125,000 worker
Conor Sen raises questions about the potential for companies to use tokens as replacements for higher-cost employees. He suggests that spending $75,000 on tokens may allow a business to replace ...
A stronger labor market could hurt bottleneck stocks, Conor Sen argues
Conor Sen highlights that an improvement in the labor market could be bearish for bottleneck stocks. He suggests that if employment trends pick up, it could negatively impact the performance of ...
Conor Sen: AI stock trends differ from late 1990s tech market
Conor Sen draws a distinction between current AI stock trends and past technology market cycles. He argues that the better comparison for today’s AI rally is semiconductor stocks in the late ...
San Francisco home price prediction called flawed, Conor Sen argues
Conor Sen questions the reliability of Zillow's latest housing forecasts. Sen specifically criticizes the projection that San Francisco home prices will decline, suggesting there may be a flaw in ...
Conor Sen: Full-year sports work stoppage could severely impact media rights values
Conor Sen highlights that while players may not have traditional leverage, a full-year work stoppage in sports could significantly damage the value of future media rights deals and hurt franchise ...
Identifying future standout investments beyond AI remains a question, Conor Sen notes
Conor Sen raises the question of what investment opportunities in 2026, outside of artificial intelligence, will be seen as obvious in retrospect. He draws parallels to historical periods when ...
Conor Sen: Market should focus on 50-100bps hiking cycle odds
Conor Sen suggests that analyzing the odds of a single rate hike over the next 9 to 12 months may be less useful than considering the likelihood of a broader 50 to 100 basis points hiking cycle. ...
OpenAI IPO plans and Anthropic financials appear linked, Conor Sen notes
Conor Sen highlights the timing of OpenAI's reported interest in pursuing an IPO as early as September and a Wall Street Journal article revealing updated financials for Anthropic on the same day. ...
Conor Sen: Market mechanics see semiconductors move lower as index stocks gain
Conor Sen highlights a recent market dynamic where gains in major index stocks such as MCO, MSCI, and SPGI appear linked to declines in semiconductor stocks. Sen suggests this reflects how ...
A tech bust could impact municipal budgets, Conor Sen warns
Conor Sen points out that while some coastal liberals may be critical of growing tech wealth, they might be even more concerned about the potential consequences of a downturn in the technology ...
Conor Sen: Stock market commentary focuses on repeating a core message
Conor Sen highlights that much of the current discourse about the stock market is centered on reiterating the same underlying point in various ways. The observation underscores a lack of fresh ...
Household equity holdings hit record high versus income, Conor Sen warns
Conor Sen, industry influencer, highlights that household equity holdings as a percentage of disposable personal income are at a record high. He points to a K-shaped U.S. economy, where top ...
Conor Sen: Clean U.S. jobs report arrives on time without adjustments
Conor Sen, industry influencer, observes that a clean U.S. jobs report has been released on time without any notable revisions or uncertainties. He expresses anticipation about discussing these ...
Market role as arbiter of truth rises in Musk X and AI period, Conor Sen notes
Conor Sen, industry influencer, observes a shift in how markets are perceived over time. In the early 2010s, he recalls that there was frequent skepticism about the legitimacy of markets, often ...
Conor Sen: Bullish outlook for luxury home market nationwide
Conor Sen, industry influencer, sees acute activity in San Francisco but expresses optimism for the luxury home market across the United States. His positive outlook extends to luxury properties ...
Housing market and economic resilience reduce labor fears, Conor Sen notes
Conor Sen, industry influencer, observes signs of stabilization in the housing market and highlights that the economy and consumers are weathering the ongoing war and energy shocks effectively. ...
Ari Lewis: Sun Belt housing market activity appears to be gaining momentum
Ari Lewis, industry influencer, observed that shifts in the Sun Belt housing market are having a noticeable impact on economic sentiment. Lewis suggested that market activity in the region now ...
Real PCE per capita climbs 30 percent since 2012, tweet author notes
Tweet author, industry influencer, highlights that real personal consumption expenditures (PCE) per capita have increased by 30 percent since 2012. The author suggests that while some cohorts may ...
Conor Sen: Top U.S. macro calls from Silicon Valley elites over past 10 to 15 years
Conor Sen raises a question about which U.S. macroeconomic forecasts Silicon Valley elites have excelled at in the past 10 to 15 years. He highlights employment, inflation, housing, and GDP growth ...
