Category: Commodities

Commodities

Tuesday links: the end of anonymity

Market Expert Apr 23, 2026

Fund managementWhy did it take so long for competition to come for Invesco's $QQQ franchise? (riabiz.com)Ted Seides talks the mechanics of index fund management with Rodney Comegys who is the CIO of Vanguard Capital Management and Head of Global Equity Indexing. (capitalallocators.com)An excerpt from “House of Fidelity: The Rise of the Johnson Dynasty and the Company That Changed American Investing” by Justin Baer. (wsj.com)Prediction marketsInsider trading based on events now seems like a regular occurrence. (bbc.com)John Oliver on the rapid spread of prediction markets. (youtube.com)How prediction markets are encroaching on tribal gaming interests. (frontofficesports.com)An example of gamification of the news gone too far. (futurism.com)AppleTim Cook is going out on top. (daringfireball.net)John Ternus' ascension to CEO is not a surprise. (om.co)What is Tim Cook going to do as 'Executive Chairman' of Apple ($AAPL)? (spyglass.org)A profile of new Apple ($AAPL) CEO John Ternus. (wsj.co

Personal finance links: why survival matters

Commodities

Wednesday links: AI is eating its own

Market Expert Apr 23, 2026

ETFsThere are now nearly 50 ETFs with AI in the name. (morningstar.com)A look at the ETF provider 'shelf space' debate. (ria.disciplinefunds.com)TradingHFT firms keep finding new ways to grow and make money. (giftarticle.ft.com)Kalshi and Polymarket expanding into cryptocurrency trading with perpetual futures. (deadspin.com)Insider trading on financial markets is by all accounts rampant. (theomission26.substack.com)CryptoChecking in on the Trump memecoin. (arstechnica.com)Tron founder Justin Sun just sued World Liberty Financial. (theblock.co)CompaniesYou can thank this company for why your backpack falls apart after a year or so. (worseonpurpose.com)Joe Weisenthal and Tracy Alloway talk with Brad Jacobs, CEO of building supply company QXO Inc. ($QXO). (podcasts.apple.com)How SimpleClosure helps failed startups efficiently wind up. (news.crunchbase.com)IPOsJersey Mike’s Subs has confidentially filed to go public. (sherwood.news)Convenience store operator Yesway Inc. ($YSWY) is now publ

Commodities

Monday links: AI assumptions

Market Expert Apr 21, 2026

MarketsWeed stock came in with a lot of hype, but have been a disaster. (trendlabs.com)New all-time highs are not, in and of themselves, any kind of sell signal. (awealthofcommonsense.com)FinanceWhy the cashtag (still) matters for consumers of financial content. (howardlindzon.com)Another sign that hedge fund trader recruitment is off the rails. (bloomberg.com)Secondary stakesWill the FASB revisit its rules on valuing secondary stakes in private funds? (institutionalinvestor.com)How long can the 'NAV squeezing' cycle continue? (thealtview.substack.com)Private assetsAn example of how a BDC handled a non-performing loan. (roddubitsky.substack.com)Why private credit isn't a systematic risk. (morningstar.com)UkraineUkraine has given up seeking assistance from a Trump-led U.S. (theatlantic.com)Ground drones now do the work of soldiers on the front lines of Ukraine. (nytimes.com)How Ukraine is able to strike so deeply into Russia. (giftarticle.ft.com)Ukraine's drone progress is stunning. (t

Commodities

Sunday links: the continued spend

Market Expert Apr 20, 2026

MarketsMarkets just move faster these days. (awealthofcommonsense.com)The stock market is at all-time highs while consumer sentiment is at all-time lows. (trendlabs.com)Hungary's stock market is having a moment. (ft.com)How HALO various industries are. (giftarticle.ft.com)Every crisis is different. (humbledollar.com)CompaniesIs AI a threat to Wix ($WIX)? (fiscal.ai)How Quince mastered the supply chain. (bloomberg.com)The story of the New York Times ($NYT) is that of adaptation. (quartr.com)StatesLetting state employees to retire at 55 with full pensions is a recipe for disaster. (allisonschrager.substack.com)Localities are increasingly facing budget deficits. (wsj.com)ICEICE detention facilities are still operating out of sight. (thebulwark.com)Medical neglect in ICE detention is not unusual. (newyorker.com)Why the administration has cut back on flashy immigration content. (axios.com)Fiscal sustainabilityHow older generations amassed so much political power. (theatlantic.com)How ferti

Commodities

Friday links: technology adoption

Market Expert Apr 18, 2026

MarketsThe S&P 500 is back at all-time highs. (axios.com)Oil prices plunged today. (axios.com)A clear risk-on signal. (stockmarketmedia.com)StrategyThe line between investing and gambling have never been blurrier. (wsj.com)You aren't going to earn 'average' returns. (polymathinvestor.com)What problem do buffer ETFs solve? (bloomberg.com)CompaniesHow much furniture did this CEO actually purchase? (ft.com)Big tech companies layoffs are still happening. (wsj.com)AIAs an IPO nears, Sam Altman's conflicts of interest are getting more attention. (wsj.com)Anthopic is neck and neck with OpenAI for generative AI spending. (sherwood.news)Why Anthropic freaked out about Mythos. (bloomberg.com)HealthDr. Erica Schwartz has been nominated to be director of the Centers for Disease Control and Prevention. (statnews.com)The FDA is moving toward easing restrictions on peptides. (biopharmadive.com)RFK Jr. has stopped talking about raw milk. (wsj.com)Measles has come for Utah. (theguardian.com)EconomyWhy

Personal finance links: improving your credit score

Commodities

Wednesday links: wild visions of the future

Market Expert Apr 17, 2026

MarketsHow volatile has 2026 been so far? (morningstar.com)History tell us volatility is a feature of financial markets. Act accordingly. (larryswedroe.substack.com)Historical edges can disappear. (quantifiableedges.com)CompaniesAllbirds ($BIRD) is now in the business of providing AI compute. (sherwood.news)The Apple ($AAPL) Macbook Neo is a big hit. (sixcolors.com)IPOsMadison Air Solutions ($MAIR) is set to go public. (barrons.com)SpaceX is set to be a big meme stock. (theatlantic.com)Private creditInvestors are reassessing insurance company holdings of private credit. (ft.com)How much exposure do the big banks have to private credit providers? (bloomberg.com)Retail investors wouldn't have purchased private credit without some sort of liquidity provision. (thealtview.substack.com)GLP-1sWhy the GLP-1 pills matter. (theatlantic.com)How tell the difference between GLP-1 products. (theconversation.com)Ozempic isn't cheating. (whyisthisinteresting.substack.com)DronesThe global race for AI-

Commodities

Thursday links: abundant AI

Market Expert Apr 17, 2026

MarketsHow HALO stocks are performing YTD. (sherwood.news)It's easy to forget but volatility tends to mean revert. (trendlabs.com)The market continues to find ways to surprise us. (om.co)Just how diversified is an index fund these days? (morningstar.com)Fund managementOn the competitive challenge facing Invesco and its $QQQ franchise. (ft.com)You can't manufacture liquidity out of thin air. (rpc.cfainstitute.org)Who manages all that sovereign wealth money? (giftarticle.ft.com)TradingKalshi is adding more commodity markets. (barrons.com)17 years later Twitter is rolling out support for cashtags. (theblock.co)CompaniesBTW, Google ($GOOGL) owns a ~6% stake in SpaceX. (msn.com)LiveNation ($LVY) just lost high-stakes antitrust trial. (nbcnews.com)TSMC ($TSM) is crushing it. (sherwood.news)QSRMcDonald's ($MCD) is jumping into the dirty soda game. (thedailyupside.com)Bagel shops need to upscale their offerings to make a go of it. (nytimes.com)How Wendy's lost its way. (slate.com)AVsLyft ($LYF

Commodities

Tuesday links: finding great ideas

Market Expert Apr 15, 2026

StrategyTen beliefs about markets including 'Survival is the most important and neglected goal for all investors.' (behaviouralinvestment.com)Can you overdiversify your portfolio? (morningstar.com)Prediction marketsWhy market making on prediction markets is more difficult than financial markets. (uk.finance.yahoo.com)Liz Hoffman and Rohan Goswami talk with John Arnold about the downsides of gambling. (youtube.com)AmazonAmazon ($AMZN) to buy GlobalStar ($GSAT) to expand its satellite network. (cnbc.com)Amazon ($AMZN) is now offering more auto brands. (wsj.com)EnergyAsia is feeling the pain of higher oil prices. (ft.com)It's the spike in diesel prices that we should be paying attention to. (grist.org)Derek Thompson talks with Nat Bullard about how the Iran war could change energy consumption. (podcasts.apple.com)Why fossil fuels are underpriced relative to their real costs. (klementoninvesting.substack.com)HungaryWinners and losers from Hungary's momentous election. (danieldrezner.substa

Commodities

Sunday links: filtering out the noise

Market Expert Apr 14, 2026

AppleApple ($AAPL) is testing smart glasses. (9to5mac.com)A look at the iPad 16 years in. (asymco.com)AutosCostco ($COST) is building standalone gas stations. (thedrive.com)Why Ferrari's ($RACE) moat is unique. (wsj.com)DronesUkrainian drones are already taking down Shaheeds in the Gulf. (apnews.com)How Ukraine is iterating so quickly with drones. (nytimes.com)DefenseThe U.S. military is no longer 'color blind and merit-based.' (theatlantic.com)There is an increase in military members looking for an exit. (npr.org)ICEHow ICE deploys spyware. (npr.org)ICE really doesn't want you to film them. (eff.org)PolicyFor some reason the Trump administration is effectively dismantling the US Forest Service. (hatchmag.com)Nothing that RFK Jr. has done at HHS should be a surprise. (theunpopulist.net)Administration officials continue to proselytize to their employees. (msn.com)Texas is spending a lot of data center tax incentives. (texastribune.org)Trump is planning to spend NEH money on his Arch. (

Commodities

Monday links: discounting AI

Market Expert Apr 14, 2026

CryptoStrategy ($MSTR) purchased more Bitcoin. (theblock.co)Bitmine ($BMNR) purchased more Ethereum. (theblock.co)CompaniesIntel ($INTC) stock is having a moment. (msn.com)AI is messing with the terminal values of software companies. (flyoverstocks.com)The U.S. is getting its first new aluminum smelter in half a century. (wsj.com)AIAI users are bumping up against compute limits. (wsj.com)AI has been used to identify cybersecurity issues for years. (calnewport.com)Do serious companies need their own AI model? (spyglass.org)HungaryHow Hungary lost faith in Viktor Orban. (politico.eu)A vote for Tisza was above all a vote against Orban. (wsj.com)Winners and losers from Hungary's election. (politico.eu)You could see the opposition to Orban in the streets. (paulkrugman.substack.com)What's on tap for a new government. (theguardian.com)Orban's loss punctured the myth of illiberal inevitability. (theatlantic.com)MediaLocal news outlets are closing. Why we need archive their their output. (poyn