The Broker's Hub

He brought AI to Wall Street in 1994 — but won’t trust ChatGPT with his money

For 44 years, this investor held aces in the long-bond game. He just folded.

Stock

Big Tech is forcing consumers to pay for its AI boom. Voters are pushing back.

Market Expert Jul 28, 2026

State regulators are making Big Tech pay for its own grid build-out — leaving traditional utility stocks exposed to a political reckoning.

‘I feel lucky’: I’m 71 and inherited $20,000. What should I do with this money?

Stop snacking. Restricting eating for only 8 or 9 hours a day may keep your mind sharp.

More cracks emerge in AI-related bonds as Meta, Microsoft earnings loom

‘It’s a high price to pay’: My adviser says I don’t need a withdrawal plan for my $2.3 million portfolio. Is he right?

Stock

Nvidia’s potential new deal with OpenAI would revive a spooky tech-bubble habit, analyst warns

Market Expert Jul 28, 2026

Investors are fretting over a report that Nvidia could backstop an OpenAI data-center lease, in what would be the largest such arrangement yet.

Commodities

Sunday links: great technological upheaval

Market Expert Jul 28, 2026

MarketsHigher real yields are acting like competition for stocks. (trendlabs.com)Market indicators often work until they don't. (humbledollar.com)What ISN'T working in this market environment? (awealthofcommonsense.com)AIKeeping up with AI developments is a full time job. (spyglass.org)Companies have suddenly decided to ration AI use. (wsj.com)AI is unique in that big companies are making huge bets. (asymco.com)AI doesn't have to be smarter than humans to be transformative. (noahpinion.blog)EnergyThe Trump administration admits that it cancelled energy projects in blue states. (nytimes.com)The administration's crackdown on clean energy projects is also a jobs killer. (bloomberg.com)Law and orderTrump's personal lawyers are all over the government. (vox.com)Good luck trying to get clemency if you don't have connections to the administration. (nytimes.com)Taylor Farms went to the White House amidst the search for cyclospora. (wsj.com)Crime rates are falling, no one is really sure

Analysis

Transcript: Lori Heinel, Global Chief Investment Officer at State Street Investment Management

Market Expert Jul 28, 2026

The transcript from this week’s, MiB:Lori Heinel, Global Chief Investment Officer at State Street Investment Management, is below. You can stream and download our full conversation, including any podcast extras, on Apple Podcasts, Spotify, YouTube (video), YouTube (audio), and Bloomberg. All of our earlier podcasts on your favorite pod hosts can… Read More The post Transcript: Lori Heinel, Global Chief Investment Officer at State Street Investment Management appeared first on The Big Picture.

Analysis

Lefsetz on Costco

Market Expert Jul 27, 2026

I’m categorically against self-checkout. I mean I’m already doing all the work. But it’s even worse, the machines are so theft-avoidant that you’ve got to follow a specific routine, not only scanning the item, but placing it on a platform to register its weight, grocery shopping is frustrating enough already. And every time… Read More The post Lefsetz on Costco appeared first on The Big Picture.

Analysis

20 Lessons Learned From 500 FAS Podcast Episodes: What I Learned Building An RIA From Scratch In My 20s

Market Expert Jul 27, 2026

Building an advisory firm from scratch is extremely difficult in the best of circumstances. While CFP educational programs teach the knowledge of financial planning, they don't teach the practice of it – and there's remarkably little established training or curriculum. From figuring out how to find or attract prospects in the first place, to establishingRead More... The post 20 Lessons Learned From 500 FAS Podcast Episodes: What I Learned Building An RIA From Scratch In My 20s first appeared on Kitces.com.