Lois Weiss: Between the Bricks

Yesterday, I spoke with the CEO of a mega fleet, who said most of his truckload business was doing well, except for one segment: food & beverage. He called the lack of volume from this segment "unusual." I told him we believed GLP-1s were causing a significant slowdown in food and beverage shipments, as we had just completed a market study on GLP-1's impact on freight shipments. Our study, now published in a SONAR Sitrep, available online, estimates that 851k truckloads have been removed from the market due to GLP-1s, and this number could ramp to 1.95m by 2030. Not only are Americans getting skinnier. Their truckloads are as well.

167,119 impressions in 7 days. +59.4% growth. I broke down every post and found the 5 patterns that actually drove it. Not what gurus tell you. What the data shows. 🧵

Spoke with a former colleague of mine who is currently at a hedge fund and involved in new analyst recruiting for his firm He has been interviewing candidates from banking and private equity backgrounds for the past month or so Apparently there has been a massive surge in kids who simply cannot figure out what the business model or revenue recognition of a business is with just the 10K in front of them One of them completely botched the case study, and when asked, simply answered that he uses ChatGPT and Claude at his current job to figure out the details Clearly an early sign of cognitive decline in analyst capacity coming because of AI

No savings possible in NYC. This is a revenue problem! NYC went from spending $38B to $107B 22 years later. Even in real terms that’s 65%.