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Tech & Innovation·June 24, 2026·1 min read

Trump looked set to tout new housing legislation. Instead he says it’s ‘of minor importance’ and canceled a signing ceremony.

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The whiplash on a housing bill that targets big single-family investors is a reminder that policy risk around institutional housing is live and unpredictable. If your growth depends on large SFR portfolios, model scenarios where access, ownership caps, or tax treatment change mid-cycle.

Tech & Innovation

Quote of the day by former Microsoft CEO Steve Ballmer: 'There's no chance that the iPhone is going to get any significant market share' — a staggering misread of the future of consumer devices

Ballmer’s iPhone quote is a useful calibration: incumbents routinely misprice new interaction models. As AI-native interfaces emerge, assume your own intuition is similarly biased toward current distribution and monetization patterns—instrument user behavior, don’t rely on gut.