Category: Commodities

Commodities

Monday links: an eye for trouble

Market Expert Oct 6, 2026

MarketsThe scale of the AI boom is hard to grasp. (awealthofcommonsense.com)TIPS increasingly look like competition to equities. (larrykotlikoff.substack.com)High beta is crushing low vol, YTD. (capitalspectator.com)Prediction marketsNewer trading firms are now targeting prediction markets. (wsj.com)Prediction market companies are spending big on lobbying. (indianacapitalchronicle.com)Lebron James will make more this year from Polymarket than the 76ers. (nytimes.com)Prediction market outcomes don't seem to be politically biased. (nber.org)AppleThe new Apple ($AAPL) AirPods 5 are better than you think. (spyglass.org)The ($AAPL) iPhone Duo is an opportunity for app developers. (axios.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)EconomyAmerican consumer just can't quit spending. (wsj.com)If AI is boosting productivity, it isn't

Commodities

Sunday links: extended time horizons

Market Expert Oct 5, 2026

StrategyInvestors under the age of 40 have not really experienced a drawn out bear market. (blairbellecurve.com)Long term investors probably fear bear markets too much. (tker.co)When, not if, bonds matter. (humbledollar.com)CompaniesSpecial executive payouts are becoming more commonplace. (wsj.com)The Ellison cinematic universe has a lot of different debt outstanding. (ft.com)AlternativesWhat the SEC is proposing on performance fees and interval funds. (morningstar.com)Democratizing alternative investments makes sense in theory, less in practice. (wsj.com)FinanceTokenization is booming. (tomtunguz.com)The DTCC is investing in iCapital. (wealthmanagement.com)What it would take for a futures market in compute to work. (ft.com)Law and orderGovernment lawyers are being faced with tough decisions. (newyorker.com)Some local police agencies have cleaned up working for ICE. (wsj.com)SpendingHow much does the Department of Defense actually spend? (motherjones.com)Why did Krisi Noem buy a

Commodities

Friday links: access to retail investors

Market Expert Oct 3, 2026

RatesThe rate move has been rapid. (mrzepczynski.blogspot.com)Bond market volatility has ticked up quickly. (axios.com)We aren't going back to a low interest rate world any time soon. (trendlabs.com)AIOn AI pricing: not all tokens are created alike. (giftarticle.ft.com)Why it's not simple to hold AI companies liable for their models. (nytimes.com)It's agent vs. agent: the new age of AI. (axios.com)Betting the term 'super intelligence' takes off. (bbc.com)Sports businessThere is a bull market in racehorses. You can thank the OBBBA. (genuineimpact.substack.com)The Senate College Sports Bill is about paying players less. (slate.com)How Manchester City hid $1 billion. (huddleup.substack.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)IranThe Iran war is at a stalemate. (foreignaffairs.com)Why negotiations are going nowhere. (axios.co

Personal finance links: the purpose of money

Commodities

Wednesday links: a never ending backlog

Market Expert Oct 2, 2026

RatesThe yield on the 30-year Treasury is back to 2002 levels. (barrons.com)Interest rates are reverting back to historical norms. (ritholtz.com)How much is the AI build out to blame for higher interest rates? (morningstar.com)DebtBen Johnson and Amy Arnott talks with Robin Wigglesworth, author of "A Fabulous Debt: The Epic Story of How Bonds Built the Modern World." (morningstar.com)An excerpt from "A Fabulous Debt: The Epic Story of How Bonds Built the Modern World" by Robin Wigglesworth. (bigthink.com)FinanceRobinhood ($HOOD) is doubling down on agentic trading. (wsj.com)Robinhood ($HOOD) is planning to add perpetual futures. (theblock.co)ETFsWhy ETF issuers need to be a tad more thoughtful. (etf.com)Simplify wants to buy the parent of USCF Investments. (etf.com)AnthropicAnthropic need capital, IPO or not. (axios.com)The risks of Anthropic are lengthy and sometimes apocalyptic. (thegoogly.substack.com)So what does the Anthropic S-1 say? (theringer.com)MetaHow Meta ($META) char

Commodities

Thursday links: falling valuations

Market Expert Oct 2, 2026

ReturnsHow major asset classes performed in September 2026. (capitalspectator.com)The Breakwave Tanker Shipping ETF ($BWET) has had quite a year. (etf.com)Energy stocks had a big Q3. (axios.com)A look at asset class returns YTD. (novelinvestor.com)RatesFour upsides from higher bond yields including, 'Higher bond yields may create more options for long-run asset allocators.' (ft.com)Contrarians are buying into the iShares 20+year Treasury bond ETF ($TLT). (marketwatch.com)Muni bonds look cheap relative to Treasuries. (bloomberg.com)FinanceBill Ackman's investment management company, Pershing Square ($PS), is getting the benefit of the doubt from investors. (barrons.com)The story behind Ethos Technologies ($LIFE) which you have likely heard advertised on podcasts. (hntrbrk.com)It's not your imagination, companies are talking a lot about AI. (apollo.com)A brief history of the Bloomberg Terminal. (spectrum.ieee.org)Weight loss drugsMore GLP use is for non-weight related issues. (wsj.co

Commodities

Tuesday links: arriving at the right answer

Market Expert Sep 30, 2026

RatesThe 2-year Treasury is nearing 5%. (wsj.com)Across the yield curve, rates are higher since the start of the Iran war. (econbrowser.com)The yield curve is steepening, or flattening, depending on the measure. (axios.com)BondsIt's been a rough half decade for bond investors. (awealthofcommonsense.com)You really don't want your bond fund to make you nervous. (wsj.com)IPOsThe Anthropic S-1 is kinda live. (tomtunguz.com)Oura Health has pulled its IPO. (axios.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)WorkAI has been unleashed on company payrolls. (wsj.com)Not every demanding boss is a scandal. (slowboring.com)Alaska's jobs market is just different. (city-journal.org)Housing3% mortgage rates are mucking up the American housing market. (advisorperspectives.com)Through July, Case-Shiller home prices were up 1.9% year-over-year.

Commodities

Sunday links: staying private longer

Market Expert Sep 29, 2026

MarketsA positive seasonal window is opening. (trendlabs.com)Bonds are no longer overvalued. (mrzepczynski.blogspot.com)StrategyWhy indexing has dominated the past decade. (awealthofcommonsense.com)Why Warren Buffett succeeded: his investment strategy matched structure. (jasonzweig.com)How to avoid getting taken in by chart crimes. (contessacapitaladvisors.com)AIAll that AI capex will turn into depreciation and amortization one day. (tker.co)How to measure recursive self-improvement of models. (noahpinion.blog)There's no rush to load an AI agent onto your computer. (daringfireball.net)Law and orderHow the Trump DOJ has gutted anti-corruption prosecutions. (propublica.org)It's easy to forget why we have pension rules against 'pay-for-play.' (popular.info)The Trump administration is doing what it can to hamstring the International Criminal Court. (wsj.com)RFKUnder RFK Jr. the CDC has been hobbled. (nytimes.com)RFK Jr. is making big bucks with his side hustles. (nytimes.com)Why

Commodities

Monday links: AI aggregators

Market Expert Sep 29, 2026

StrategyHow has the stock market shrugged off higher rates? (awealthofcommonsense.com)Opportunities are opening up in the bond market. (capitalspectator.com)What is a bond investor to do now? (fortunesandfrictions.com)TechnologyThe scale of the iPhone is truly staggering. (asymco.com)Why hasn't there been a successor to Foursquare? (spyglass.org)AIHow hyperscaler borrowing is transforming the debt market. (ft.com)What autonomous vehicles can teach us about AI safety. (bloomberg.com)How should the law treat autonomous agents? (newyorker.com)AI agents as aggregator. (stratechery.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)FoodFlavors of the forest are increasingly turning up in food and drinks. (nytimes.com)Florida's citrus industry is teetering on the edge. (wsj.com)How food can be medicine. (npr.org)EconomyThe consumer remains

Commodities

Thursday links: important economic risks

Market Expert Sep 26, 2026

MarketsIs hyperscaler borrowing really driving rates higher? (ft.com)Why everyone is freaking out about rates. (wsj.com)30-year mortgage rates are well over 7%. (axios.com)BooksInsights from Peter Lazaroff's new book "The Perfect Portfolio: A Proven Guide to Smart Investing for Long-Term Success." (novelinvestor.com)Vishal Khandelwal talks with Ian Cassel, author of "Stock Picker: How to develop the mindset, temperament, and strategy to outperform Wall Street." (youtube.com)Barry Ritholtz talks with Owen Zidar and Eric Zwick, co-authors of "The Everywhere Millionaire." (ritholtz.com)GamblingThe ETF industry with new ways to gamble. (etf.com)When a trading card hobby turns into problematic gambling. (gq.com)FinanceHow the BSE and NSE are battling for stock market supremacy in India. (economist.com)Separate accounts are the new hedge funds. (reuters.com)AIMeta ($META) is all-in on Muse. (spyglass.org)Insurers and hospitals are wielding AI tools over billing. (nytimes.com)The killer

Commodities

Friday links: income and safety

Market Expert Sep 26, 2026

MarketsWhen do rising yields affect stocks? (stockmarketmedia.com)What will higher rates break first? (bloomberg.com)A look at rising real yields. (econbrowser.com)Private investmentsStartups are staying private longer, because they were overvalued by VCs. (awealthofcommonsense.com)Private equity firms are having wait a lot longer to generate carry. (bloomberg.com)SpaceXSpaceX ($SPCX) has stopped selling Falcon 9 flights. (wsj.com)Space is a small-ish part of SpaceX ($SPCX). (ft.com)The SpaceX ($SPCX) Starship is getting another test flight on Monday. (futurism.com)RestaurantsMcDonald's ($MCD) is planning system-wide upgrades. (cnbc.com)Starbucks ($SBUX) is closing 250 North American locations. (cnbc.com)Restaurants should be wary of marketing with AI slop. (wsj.com)AIThe price of tokens just keep falling. (tomtunguz.com)How AI has changed the software business. (auren.substack.com)When AI-generated emails overwhelm your inbox. (hunterwalk.com)Stay in touchWork in wealth management