From $25 Jam to $1.5M Port Fees — Two Developments You Can’t Ignore

How little luxuries signal big consumer shifts and why looming trade changes could upend your supply chain.

Welcome to Clarity

I am sending this edition from Seville, where I was delivering a keynote at the International Peanut Forum - How to Succeed with AI without Sacrificing your Humanity.

Seville is a stunning and vibrant city with a fascinating history going back millennia. The local food is out of this world, from the best oranges I’ve ever tasted to loc…