Category: Commodities

Commodities

Wednesday links: sloppy AI

Market Expert Jan 2, 2026

MarketsLong Western Digital ($WDC), short TradeDesk ($TTD) was the trade of the year. (barrons.com)The VIX is ending the year near its lows. (vixology.substack.com)A barbell in stock performance in 2025. (chartkidmatt.com)FinanceThe Korea Exchange has a competitor in Nextrade. (giftarticle.ft.com)Why Polymarket is flying under the radar compared to Kalshi. (frontofficesports.com)What is Bill Ackman trying to accomplish with Howard Hughes Holdings ($HHH)? (oldroperesearch.substack.com)AIOpenAI's stock-based compensation is off the charts. (wsj.com)Caterpillar’s ($CAT) power and energy business is getting. boost from AI. (wsj.com)TrumpTrump Media ($DJT) is distributing a token to shareholders. (theblock.co)Five Truth Social ETFs just launched. (morningstar.com)The Trump Mobile phone is delayed. (fortune.com)WorkOffice attendance rates continued to tick higher in 2025. (wsj.com)AI will remove rungs from the corporate ladder. (theatlantic.com)Some tech companies are offering free nicotine

Commodities

Tuesday links: rare experiences

Market Expert Dec 31, 2025

MarketsThe stock market rarely experiences an average return. (fortunesandfrictions.com)When you invest matters more than what you invest in. (ofdollarsanddata.com)AIHow Apple ($AAPL) differs from its Mag 7 brethren. (sherwood.news)Why Meta ($META) purchased Manus, think enterprise. (spyglass.org)AI demand drove the returns of the world's best performing stock in 2025, Japan's Kioxia. (msn.com)Softbank's big investment in OpenAI is done. (cnbc.com)BusinessWhy the Downtown Dallas office market is struggling. (wsj.com)Farmers are struggling as 2025 comes to a close. (npr.org)Boston's biotech scene has stalled out. (wsj.com)EconomyNational home prices, per Case-Shiller, were up 1.4% through October. (calculatedriskblog.com)Realized tariffs are still ratcheting higher. (ft.com)Sonu Varghese, "The overall picture points to inflationary growth and that is not necessarily a bad thing for stocks." (carsongroup.com)Economic inequality is nothing new, but the scale today is different. (awealthof

Commodities

Sunday links: it’s a trap

Market Expert Dec 30, 2025

MarketsTake a look at the (outstanding) performance of the S&P 500 since 2019. (awealthofcommonsense.com)The Dow is at an all-time high. (trendlabs.com)So is gold. (sherwood.news)StrategyNew stuff happens on Wall Street all the time. (downtownjoshbrown.com)Eddy Elfenbein's 2026 buy list is here. (cws.substack.com)FinanceThe crypto ecosystem runs on memes. (ft.com)Prediction market players are pushing for distribution. (howardlindzon.com)Groq employees are going to make out just fine in the Nvidia ($NVDA) deal. (axios.com)YouTubeYouTube just keeps gobbling up share. (giftarticle.ft.com)YouTube viewing thrives during the day. (nytimes.com)ICEICE is stepping up its surveillance efforts, privacy issues aside. (politico.com)ICE won't even deport people who want to be deported. (usatoday.com)A look inside ICE's vast media operations. (washingtonpost.com)PolicyDonating to Trump causes has paid off for many donors: a look at the data. (nytimes.com)DOGE broke stuff, lied about it, and eventuall

Commodities

Monday links: a beautiful heresy

Market Expert Dec 30, 2025

FinanceThese were the most visited ticker pages on StockTwits in 2025. (stocktwits.com)Options volume continued to rise in 2025. (sherwood.news)2025 was a big year for dealmaking. (axios.com)TechnologySoftBank is buying data center investment firm DigitalBridge ($DBRG). (cnbc.com)Nvidia ($NVDA) now owns a big stake in Intel ($INTC). (qz.com)Big Tech pretty much gets what they want from the administration. (nytimes.com)GlobalMexico is winning the tariff war. (wsj.com)Canada-U.S. relations are at their nadir. (businessinsider.com)The British economy is full of unused potential. (genuineimpact.substack.com)Trump allies think there are great opportunities in Russia. They are naive, to say the least. (wsj.com)Japan's birthrate hit a historic low. (semafor.com)BusinessCorporate bankruptcies are at a 15-year high. (msn.com)Small businesses are disproportionately feeling the pain of tariffs. (paulkrugman.substack.com)Companies don't have much in the way of hiring plans. (wsj.com)Earlier on Abn

Commodities

Friday links: out-of-sync investors

Market Expert Dec 27, 2025

MarketsWhat happens if the stock market drops 30%? (awealthofcommonsense.com)Materials stocks have gone nowhere for three years now. (trendlabs.com)Gold has put Bitcoin to shame this year. (blockworks.co)The case against a stock market bubble. (sherwood.news)FinanceWill ETF share classes really move the needle? (etf.com)Bank stocks had a big year. (ft.com)AIWhat Nvidia ($NVDA) is getting with its $20 billion deal with Groq? (spyglass.org)'Anthropic will go public in 2026' and more predictions. (bigtechnology.com)Companies borrowed big in 2025 to build data centers. (nytimes.com)Oracle ($ORCL) stock had a tough quarter. (cnbc.com)HackersWhy hackers love the holidays. (axios.com)People are less likely to get phished on their phones. (wsj.com)SportsBen Simmons now controls the South Florida Sails Angling Club, a team in the Sports Fishing Championship. (frontofficesports.com)Who isn't buying a stake in an EFL football team these days? (bbc.com)How a private equity firm turned Williams Rac

Personal finance links: shrinking footprints

Commodities

Wednesday links: private equity rot

Market Expert Dec 25, 2025

MarketsIt's hard not to get nervous looking at tech stock returns. (morningstar.com)Financial stocks are at an all-time high. (trendlabs.com)A closer look at tech sector valuations. (chartkidmatt.com)FinanceLiz Hoffman, "AI may be a revolutionary and exciting technology, but its immediate effect has been to put companies in a defensive crouch." (semafor.com)Allocators are turning to smaller PE firms to try to generate some alpha. (ft.com)Continuation funds can represent a conflict of interest. (nytimes.com)TechnologyIt's not just kids addicted to phones, grandparents are now hooked. (theatlantic.com)When you give technology, also give the gift of installation. (sixcolors.com)Algorithms love regurgitating old stuff. (honest-broker.com)GlobalSwitzerland is increasingly under economic pressure. (ft.com)How China built a big weapons export business. (wsj.com)Under Trump, Europe is on its own. (politico.com)EconomyStill no sign of a meaningful pickup in weekly initial unemployment claims.

Commodities

Monday links: a never-ending challenge

Market Expert Dec 24, 2025

FinanceRobo-advisors were going to takeover the world. That didn't happen. (downtownjoshbrown.com)Are weed stocks going to see a boost from Trump's move? (sherwood.news)Prediction marketsFanDuel Predicts is now live. (frontofficesports.com)Coinbase ($COIN) is buying prediction markets startup The Clearing Company. (theblock.co)AffordabilityThree line items define the affordability crisis: housing, health care, and child care. (theatlantic.com)How much do rising expectations play in the affordability crisis? (thezvi.substack.com)EconomyThe state of the economy going into 2026 via management quotes. (thetranscript.substack.com)The manufacturing sector continues to struggle. (econbrowser.com)10 economic questions for 2026 including 'How much will wages increase in 2026?' (calculatedriskblog.com)Earlier on Abnormal ReturnsAdviser links: a step backward. (abnormalreturns.com)What you missed in our Sunday linkfest. (abnormalreturns.com)Top clicks last week on Abnormal Returns. (abnormalretur

Commodities

Tuesday links: eroding institutions

Market Expert Dec 24, 2025

MarketsMore signs of a risk-on market. (trendlabs.com)Five key investing themes from Warren Buffett's early letters including 'Good investment ideas are rare.' (morningstar.com)CryptoJP Morgan Chase ($JPM) is planning a push deeper into crypto. (axios.com)Now some digital asset treasuries are reversing course. (theblock.co)Binance is once again under scrutiny. (finance.yahoo.com)FinanceMarco Masotti, “Private equity firms don’t die. They wither over time.” (nytimes.com)Asset manager Janus Henderson ($JHG) is going private. (thinkadvisor.com)Of course prediction markets are gambling. (huddleup.substack.com)Real estateAs construction continues to shift toward data centers, real estate investors have to take note. (wsj.com)Data centers are buying up land that could be used for housing. (housingwire.com)Weight loss drugsThe FDA approved a daily pill version of Novo Nordisk's ($NVO) weight-loss drug Wegovy. (axios.com)A look at the gray market for unapproved weight loss drugs. (theatlantic.