Category: Commodities

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

Saturday links: serious randomized trials

Commodities

Thursday links: the Bitcoin backlash

Market Expert Jul 25, 2026

MarketsCan the market absorb more IPOs? (marketwatch.com)Rising Treasury rates make for better competition for stocks. (tmcresearch.com)The stock market is calm on the surface, churning underneath. (axios.com)Prediction marketsIs Wall Street going to go all-in on prediction markets? (economist.com)Catherine Rampell and Justin Wolfers talk prediction markets. (youtube.com)The downsides of letting people bet on drug clinical trial outcomes. (abundanceandgrowth.org)Weight loss drugsEli Lilly ($LLY) is on track to file for approval for retatrutide. (biopharmadive.com)We don't have great data on the use of GLP-1 use with the elderly. (scientificamerican.com)Anhedonia seems to be a side-effect of GLP-1 use. (gizmodo.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Do you in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)EnergyBrent is once again above $100 a barrel. (econbrowser.com)T

Commodities

Friday links: assessing your risk appetite

Market Expert Jul 25, 2026

ETFsMichael Batnick talks with James Seyffart of Bloomberg Intelligence about the explosion in leveraged ETFs. (youtube.com)More than half of new ETF launches in 2026 are single stock. (ft.com)Eric Balchunas and Joel Weber speak with James Seyffart and Baird Strategas ETF strategist Todd Sohn about the fears around leveraged ETs. (bloomberg.com)FinanceBuckle up. The SpaceX ($SPCX) IPO lockups are coming off. (morningstar.com)Florida's property insurance crisis seems to be easing. (insurancejournal.com)Software stands out as an issue for private credit funds. (morningstar.com)AppleApple's ($AAPL) ad experience sucks. (daringfireball.net)Joe Weisenthal and Tracy Alloway talk with Marc Gurman about what Apple ($AAPL) has coming down the pike. (podcasts.apple.com)GoogleGoogle ($GOOGL) owns roughly a 6% stake in SpaceX ($SPCX). (wsj.com)A look at the business of Google ($GOOGL) Cloud. (tomtunguz.com)OpenAIChatGPT Health is now live. (techcrunch.com)What would it take to make OpenAI profi

Personal finance links: buying back time

Commodities

Wednesday links: doing what’s next

Market Expert Jul 23, 2026

FinancePrivate equity is increasingly filled with stranded assets. (wsj.com)Single stock futures are getting a second life. (rcmalternatives.com)AutosHow disappointing are Tesla ($TSLA) Cybertruck sales? (bloomberg.com)Costco ($COST) is experimenting with stand alone gas stations. (wsj.com)Used EV prices are firming. (axios.com)Conflicts of interestDon Jr.'s 1789 Capital is on a hot streak. (nytimes.com)Where has Venezuela's oil revenue gone? (giftarticle.ft.com)Sending a donation to MAGA Inc. is now the go-to move for companies in trouble. (popular.info)IranIran retains its capacity to strike beyond its borders with missiles. (wsj.com)Now the Red Sea Strait is at risk from the Houthis. (cnbc.com)How the closing of the Strait of Hormuz is playing out in oil markets. (apollo.com)Why Iran keeps targeting Kuwait. (ft.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Do you in wealth management? Sign up for our advisor-exclusive Talkin

Commodities

Monday links: capable models

Market Expert Jul 22, 2026

SectorsWhy banks are leading. (trendlabs.com)Chip makers are sucking capital from the hyperscalers. (axios.com)AIWe live in a world with multiple capable AI models. (stratechery.com)It's possible to 'poison' open source models with bad training data. (futurism.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Do you in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)CoffeeThat coffee habit of yours seems to be good for your heart. (wsj.com)Yemeni coffeehouses are having a moment. (theconversation.com)EconomySome signs of improvement in the manufacturing economy. (bonddad.blogspot.com)Four questions about the American economy including 'Why hasn’t the housing market led to a recession?' (awealthofcommonsense.com)Earlier on Abnormal ReturnsAdviser links: fee conversations. (abnormalreturns.com)What you missed in our Sunday linkfest. (abnormalreturns.com)Top clicks last week on Abnormal

Commodities

Tuesday links: effective marketing

Market Expert Jul 22, 2026

MarketsWhen it comes to market charts, denominators matter. (trendlabs.com)South Korea has its own share of degens. (reuters.com)TradingCharles Schwab ($SCHW) is cleaning up on increasing trading behavior. (finance.yahoo.com)It's hard to ignore the evidence of insider trading in prediction markets. (bloomberg.com)Prediction market operators are upping their spending on lobbying. (notus.org)TechnologyWhy tech companies are willing to subsidize smart glasses. (thedispatch.com)Why AI companies are buying up pre-2022 books. (404media.co)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Do you in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)CanadaWhy Canada may be a tariff test case for the administration. (newsletter.platypuseconomics.com)There is a reason why Canadians have a dim view of the U.S. at present. (paulkrugman.substack.com)HousingBaby Boomers are not downsizing in retireme

Commodities

Sunday links: market shock waves

Market Expert Jul 20, 2026

MarketsMarket participants often worry about stuff that doesn't happen. (tker.co)Why don't we talk more about this brutal bond bear market? (etf.com)Misallocation of capital is nothing new. (ritholtz.com)CompaniesThe biggest beneficiaries of AI may not be the AI companies. (downtownjoshbrown.com)It's easy to overlook key ingredients in industrial staples. (fortunefinancialadvisors.com)Everybody loves Costco ($COST). (wsj.com)AIWhy Kimi K3 matters, but not as much as you think. (asymmetricalbets.substack.com)OpenAI has a big Apple ($AAPL) problem on its hands. (daringfireball.net)Why Demis Hassbis' AI regulation memo matters. (sebastianmallaby.substack.com)TradingThe rails for 'Brokerage 2.0' are getting laid. (howardlindzon.com)Citadel Securities just invested $400 million into Crypto.com. (reuters.com)On the risks of perpetual futures. (ft.com)Conflicts of interestIt's hard to keep track of all the money flowing into Trump's network of entities. (wsj.com)Some evidence that so

Commodities

Friday links: volatility clusters

Market Expert Jul 19, 2026

StrategyStock market volatility clusters. (awealthofcommonsense.com)A look back at the seven sins of active fund management. (larryswedroe.substack.com)IPOsJust how open is the IPO window? (newcomer.co)Weakness in SpaceX ($SPCX) isn't helping. (ft.com)AppleApple ($AAPL) stock is having a moment. (trendlabs.com)Apple ($AAPL) needs to show Apple TV some more love. (sixcolors.com)Just how big a market is there for Apple ($AAPL) eyewear? (asymco.com)NetflixCan live programming turn Netflix ($NFLX) around? (variety.com)Netflix ($NFLX) has a big YouTube problem. (spyglass.org)AIPeople are freaking out about the performance of Chinese AI model Kimi K3. (axios.com)How open-source AI models should work. (tomtunguz.com)ChatGPT is back, sort of. (spyglass.org)Stay in touchWork in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)CyclosporaThe USDA and CDC have l

Saturday links: protecting expensive ideas

Commodities

Thursday links: the need for regulation

Market Expert Jul 17, 2026

Prediction marketsKalshi is going to allow bets on drug trials. (theguardian.com)Kalshi is rolling out more features for institutional traders. (semafor.com)Trump's teleprompter operator reportedly has been betting on Kalshi on speech outcomes. (abcnews.com)FinanceThe Bloomberg Terminal is the still the market leader. (ft.com)Truth Social is now selling access to its API. (axios.com)PharmaNovo Nordisk ($NVO) is besting Eli Lilly ($LLY) in weight loss pills. (wsj.com)Eli Lilly ($LLY) is buying AtaiBeckley which is developing psychedelics for mental health treatment. (cnbc.com)Merck's ($MRK) cholesterol pill, Lipfendra, is a blockbuster in waiting. (biopharmadive.com)AIEverybody is converging on the need to regulate AI. (axios.com)Are AI executives uniquely at-risk of violence? (wsj.com)The Apple-OpenAI suit is going to involve a lot of e-mails. (spyglass.org)Stay in touchWork in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)Don't