Category: Commodities

Commodities

Friday links: mediating norms

Market Expert Sep 12, 2026

BondsThe good news on bonds. (morningstar.com)The case for muni bonds. (ritholtz.com)StrategyDiversification means more than asset classes. (awealthofcommonsense.com)Investors just don't have a good track record with thematic ETFs. (morningstar.com)Jeff Malec talks with Ian Cassel, author of "Stock Picker: How to develop the mindset, temperament, and strategy to outperform Wall Street." (rcmalternatives.com)AIProving a return on AI is challenging for companies. (apollo.com)AI doesn't need to reach superintelligence to cause harm. (calnewport.com)Just how good are open-source models? (ft.com)Agents use a lot more tokens than humans. (tomtunguz.com)AI hates CAPTCHA as well. (semafor.com)AppleApple ($AAPL) still knows how to put on an event. (spyglass.org)How the iPhone Duo came to be. (tomsguide.com)Do you really want your Apple Watch listening to you? (sixcolors.com)Stay in touchWork in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)Do

Commodities

Wednesday links: a moment of sheer luck

Market Expert Sep 11, 2026

MarketsHow is it that dividend stocks outperforming YTD? (morningstar.com)Investors need a little more humility. (awealthofcommonsense.com)FinanceRobinhood ($HOOD) is expanding its prediction markets offerings. (axios.com)How Greece is wooing hedge funds to relocate there. (ft.com)AISome AI researchers are freaking out about AGI. (futurism.com)It doesn't look like the government will step in any time soon. (axios.com)Apple ($AAPL) devices will become consumer AI devices. (spyglass.org)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)RussiaRussia continues to probe Europe with drones. (wsj.com)The Russian military is dependent on Chinese support. (politico.eu)EconomyHeating oil prices are back near their highs. (axios.com)The U.S. lost a great opportunity to term out its debt. (ritholtz.com)Why a trade war with Canada is an own goal. (

Commodities

Thursday links: foldable phones

Market Expert Sep 11, 2026

MarketsThe 10-year Treasury is approaching 5%. (econbrowser.com)The S&P 500's 50-day moving average has now been above its 200-day moving average for 300 trading days. (stockmarketmedia.com)FinanceFranklin Templeton ($BEN) has seen inflows the past few quarters. (ft.com)Nasdaq invested $100 million in the parent of crypto exchange Kraken to bring tokenized stocks to market in 2027. (cnbc.com)Foldable phonesThe iPhone Duo is NOT an iPad. (sixcolors.com)Why foldable phones are so expensive. (nytimes.com)Stay in touchWork in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Renewable energyFervo's ($FRVO) first project is on track to send power to the grid. (cnbc.com)Westinghouse Electric is gearing up for an IPO. (wsj.com)The US built more grid batteries last quarter than ever before. (canarymedia.com)OilElevated oil prices are accelerating permanent demand destr

Commodities

Tuesday links: a meme asset

Market Expert Sep 9, 2026

BondsNow would be the wrong time to panic about your bond allocation. (whitecoatinvestor.com)Trailing real bond returns have rarely been so poor. (mrzepczynski.blogspot.com)The Treasury failed to term out debt during ZIRP. (ritholtz.com)MarketsIt's time to come to terms with market concentration. (awealthofcommonsense.com)Earnings revisions have been positive for 21 straight weeks. (fa-mag.com)FinanceAnthropic and OpenAI are seeking investment grade credit ratings, post-IPO. (ft.com)Robinhood ($HOOD) is an underwriter for the Oura Health IPO. (wsj.com)A $6.2 billion 'seed round' is an oxymoron. (anildash.com)Reputations matter on Wall Street. (ft.com)ETFsHow TIPS ladder ETFs work. (obliviousinvestor.com)Who really owns a white-label ETF? (etfcentral.com)Lessons learned from all the ETFs that iShares has closed. (mutualfundobserver.com)AICorporate America is turning to open source AI models. (nytimes.com)AI companies are releasing new models at a rapid clip. (cnbc.com)Are we slee

Commodities

Sunday links: randomly correct

Market Expert Sep 8, 2026

MarketsUtility stocks have rolled over. (bloomberg.com)Why diesel prices are so high. (mrzepczynski.blogspot.com)Prediction marketsCrypto traders have shifted attention to prediction markets. (wsj.com)Lebron James is now a Polymarket endorser. (frontofficesports.com)Law and orderThe IRS cut audit personnel. Guess what happened next? (npr.org)The FBI has lowered its standards for new agents. (futurism.com)Florida has accelerated the pace of executions. (axios.com)EconomicsAll economies are mixed. The only question is what mix. (unherd.com)Why the definition of a small business matters. (boondoggle.substack.com)On the relationship between reading and the prospects for liberal democracy. (theargumentmag.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)EconomyThe risks for higher inflation are out there. (apollo.com)Wage increases a

Adviser links: managing client transitions

Saturday links: things that haven’t happened before

Commodities

Thursday links: solvency is a necessity

Market Expert Sep 5, 2026

BondsHow rising rates should change how you think about the bond market. (barrons.com)Your bond allocation shouldn't give you agita. (morningstar.com)StrategyWhy your investment strategy should change over time. (awealthofcommonsense.com)Lessons learned from Victor Niederhoffer's long and volatile career. (theatlantic.com)Venture capitalHow venture capital lost its way, and worse. (anildash.com)VCs who missed OpenAI and Anthropic are reassessing their processes. (nytimes.com)Not every business is meant to scale, but if you take venture capital you have to. (aswathdamodaran.blogspot.com)Are there VC businesses that are AI-proof? (wsj.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)FoodFoodborne illnesses typically doesn't peak until late Summer, early Fall. (wired.com)Lettuce farmers are abandoning healthy crops. (nytimes.com)This S

Commodities

Friday links: living with leverage

Market Expert Sep 5, 2026

BondsThe correlation between stocks and interest rates is now negative. (axios.com)Norway's sovereign wealth fund is considering a reduction in bond holdings. (reuters.com)GoldNetherlands is moved some of its gold holdings from New York to London. (wsj.com)They may not be the last to do this. (paulkrugman.substack.com)Mary Childs talked with Jacob Goldstein, author of "Money: The True Story of a Made-Up Thing." (youtube.com)FinanceOura Health has filed for an IPO. (techcrunch.com)Softbank needs money. (ft.com)Fund managementA look at the difference between public REITs and semiliquid direct real estate funds. (morningstar.com)Investors are still looking to pull money from private credit funds. (barrons.com)Anti-trustGoogle ($GOOGL) lost three antitrust cases and will pay little cost. (arstechnica.com)The Trump administration has only brought one action to block a merger so far, and quickly settled. (theatlantic.com)Data centersPutting the scale of AI data center construction into p

Personal finance links: supercharged fraud

Commodities

Wednesday links: attracting attention the wrong way

Market Expert Sep 3, 2026

MarketsSome random market insights including: Nvidia's ($NVDA) forward P/E keeps falling. (awealthofcommonsense.com)Diesel prices remain $2 a gallon above where they were pre-Iran war. (econbrowser.com)StrategyWhy market pundits are doing you any favors. (behaviouralinvestment.com)The stocks of great companies show big drops more often than you think. (brianferoldi.substack.com)CompaniesGoogle ($GOOGL) dodged a break up of its ads business. (axios.com)Novo Nordisk ($NVO) is betting on weight loss pills. (nytimes.com)It sure looks like someone knew a deal for GoPro ($GPRO) was coming. (ft.com)ETFsTIPS look attractive, but it's not as simple as buy a TIPS ETF. (morningstar.com)Institutional investors are swapping between the iShares Core S&P 500 ETF ($IVV) and Vanguard S&P 500 ETF ($VOO) to avoid dividends for tax purposes. (bloomberg.com)These ETFs generate the most implied revenue for sponsors. (etf.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnorm

Commodities

Monday links: the cost of money

Market Expert Sep 2, 2026

MarketsHealth care stocks are at all-time highs. (trendlabs.com)The momentum trade can unwind quickly. (wsj.com)ETFsWhat you need to know about T-bill ETFs. (advisorperspectives.com)Why niche ETF sponsors keep getting snapped up. (pionline.com)A look at the history of the Teucrium Wheat Fund ($WEAT). (philbak.substack.com)Prediction marketsKalshi has teamed up with Alpaca to push overseas. (cnbc.com)Why a prediction markets case will likely end up in the Supreme Court. (frontofficesports.com)George Santos earned a lifetime ban from Kalshi. (wired.com)Private equityPE firms are buying up companies in construction and engineering. (pitchbook.com)Why PE is investing big in the business of private jet infrastructure. (bloomberg.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)PharmaThe FDA approved Mounjaro to lower the risk of heart ev