Category: Commodities

Commodities

Tuesday links: a CEO’s job

Market Expert Jan 21, 2026

MarketsSmall caps are leading YTD. (stockmarketmedia.com)Japanese government yields continue to soar. (ft.com)StrategyWhy market timing is so difficult. (ofdollarsanddata.com)Five questions for Warren Buffett as he retires. (kingswell.io)CryptoBitmine ($BMNR) is buying more Ethereum. (theblock.co)What catalysts are left for Bitcoin? (sherwood.news)Strategy ($MSTR) is buying more Bitcoin. (theblock.co)Fund managementWhy Vanguard created two investment management groups out of one. (riabiz.com)How much the biggest hedge funds made for investors in 2025. (wsj.com)Movies'Zootopia 2' is now the highest grossing animated film in history. (variety.com)'Marty Supreme' is A24's highest grossing domestic movie. (variety.com)GlobalEurope owns a lot of U.S. assets. (ft.com)China's fertility rate hit a historic low. (wsj.com)Kiwis head to Australia for better opportunities and vibes. (nytimes.com)The U.S. pumps 20% of global oil production. (apolloacademy.com)TariffsA study finds that American cons

Commodities

Thursday links: a more absorbing life

Market Expert Jan 17, 2026

MarketsMaterials and energy are leading in 2026. (capitalspectator.com)Does it matter that the Mag 7 is undeperforming? (trendlabs.com)CompaniesNvidia ($NVDA) is in its third boom phase. (tomtunguz.com)Bitmine ($BMNR) is investing $200 in Beast Industries. (statnews.com)Prediction marketsKalshi and Polymarket are both working on parlay solutions. (ft.com)The two biggest prediction markets, Kalshi and Polymarket, have Don Jr. as an advisor. (nytimes.com)Health carePharma companies are on an acquisitions spree. (sherwood.news)Boston Scientific ($BSX) is buying Penumbra. (medtechdive.com)OpenAIA look at the value of all the AI companies founded by OpenAI alumni. (spyglass.org)A failure of OpenAI doesn't mean AI will have failed. (nytimes.com)AIWhy voice matters for AI. (spyglass.org)Why everyone is talking about Claude Code. (theatlantic.com)Morningstar ($MORN) has launched an index tracking late-stage pure-play GenAI companies. (wealthmanagement.com)Background checks are more important i

Podcast links: rebuilding infrastructure

Commodities

Friday links: a license to be creative

Market Expert Jan 17, 2026

Portfolio managementIf you had to pick only one variable, it would be earnings. (ritholtz.com)Total Portfolio Approach, explained. (morningstar.com)Reading is an investment superpower. (readtrung.com)StrategyMichael Saylor's superpower is storytelling. (nytimes.com)Strategy ($MSTR) keeps borrowing money and buying more Bitcoin. (sherwood.news)Active ETFsActive ETFs had a big 2025. (morningstar.com)JP Morgan Asset Management is the AUM leader in active ETFs. (bloomberg.com)AIWhy Google ($GOOGL) is unique in AI. (lesbarclays.substack.com)Energy isn't the only constraint on data center growth. (axios.com)Interest in Sora 2 has cooled. (sherwood.news)EconomyProtecting the independence of the Fed is everyone's responsibility, not just Jay Powell's. (stayathomemacro.substack.com)Nobody like rising property taxes, but that revenue would have to be replaced. (wsj.com)Earlier on Abnormal ReturnsPodcast links: rebuilding infrastructure. (abnormalreturns.com)What you missed in our Thursday linkfe

Personal finance links: creating capital

Commodities

Wednesday links: the worst thing ever

Market Expert Jan 15, 2026

MarketsEven after 2025, large cap stocks still lead the way over the past 10 years. (awealthofcommonsense.com)The last time emerging markets led global markets, it was 2017. (novelinvestor.com)FinanceThe U.S. Treasury basis trade is big and growing. (ft.com)Newly public Wealthfront ($WLTH) has some issues. (riabiz.com)Prediction marketsWhy Kalshi and Polymarket still differ in the U.S. (ft.com)Is listing contracts on military actions a good idea? (bloomberg.com)IranIran may be crushing dissent, but it's financial problems remain. (wsj.com)The U.S. has little effective influence over Iran. (danieldrezner.substack.com)HousingThe housing market is slowly loosening up. (axios.com)Why so few LA area houses have been rebuilt from the fires. (grist.org)Why the costs of replacing a roof are going up, think immigration. (nytimes.com)Why do elevators cost so much more in the U.S.? (youtube.com)EconomyWorkers took their smallest share of GDP since 1947. (fortune.com)How grocery prices have chang

Commodities

Monday links: counting your blessings

Market Expert Jan 14, 2026

StrategyFund performance consistency is overrated. (morningstar.com)If your portfolio manager has skill, you want a concentrated portfolio. Otherwise, index. (klementoninvesting.substack.com)Why rules matter for investors. (thefinancialpen.substack.com)CompaniesGoogle Gemini is going to power Apple's ($AAPL) Siri. (spyglass.org)The revival of GE ($GE) is an underhyped story. (bloomberg.com)Influenza Roche's Genentech manufactures Xofluza and Tamiflu. (wsj.com)More people should be taking Xofluza for influenza. (theatlantic.com)Weight lossAmazon ($AMZN) Pharmacy is going to offer Wegovy weight loss pills. (semafor.com)How obesity pills will transform the market for weight loss. (cnbc.com)People on weight loss drugs spend less on groceries. (sciencedaily.com)The FedBernanke, et al. "The reported criminal inquiry into Federal Reserve Chair Jay Powell is an unprecedented attempt to use prosecutorial attacks to undermine that independence." (jointstatement.substack.com)Trump REALLY wants c

Commodities

Tuesday links: assiduous avoidance

Market Expert Jan 14, 2026

MarketsThere is a new high in the number of global stock markets hitting new highs. (entrylevel.topdowncharts.com)Small caps are having a moment. (allstarcharts.com)So are microcaps. (capitalspectator.com)StrategyThere are no members of the forecasting hall of fame. (betterletter.substack.com)Market leadership can change without the market breaking. (excessreturnspod.substack.com)There is one upside to illiquid investments. They prevent you from making rash decisions. (behaviouralinvestment.com)EconomyDecember CPI was in line, but grocery prices are still an issue. (axios.com)Eleven things weighing on consumer confidence. (larryswedroe.substack.com)Net migration was likely negative in 2025. (washingtonpost.com)Bill McBride of Calculated Risk is pulling back on economic coverage. (calculatedriskblog.com)Earlier on Abnormal ReturnsResearch links: earnings uncertainty. (abnormalreturns.com)What you missed in our Monday linkfest. (abnormalreturns.com)Adviser links: thinking about success.

Commodities

Sunday links: accumulating meaning

Market Expert Jan 12, 2026

StrategyInvesting in stocks? Expect pullbacks. (awealthofcommonsense.com)There's nothing magical about gold. (humbledollar.com)When it makes sense to pay up for a company. (flyoverstocks.com)The markets will be there tomorrow. (allstarcharts.com)IndexesFactor ETF portfolios can look weird. (wsj.com)The S&P 500 is not a static index. (tker.co)Bond index construction makes a difference. (ft.com)Why the composition of the Russell 2000 matters. (trendlabs.com)CompaniesBoeing ($BA) had its highest number of annual deliveries since 2018. (cnbc.com)When Microsoft ($MSFT) almost took over OpenAI. (spyglass.org)What percentage of Taiwan Semi ($TSM) revenue comes from Apple ($AAPL)? (newsletter.semianalysis.com)Netflix ($NFLX) is in the lead to take over Warner Bros. ($WBD) studio business. (sherwood.news)America's biggest companies have folded like a cheap suit in the face of pressure. (daringfireball.net)ICEHamilton Nolan, "Give guns and special powers to thousands and thousands of men everywh

Commodities

Friday links: refueling more often

Market Expert Jan 11, 2026

StrategyTen lessons learned from the markets in 2025 including 'Even with a clear crystal ball, markets are unpredictable.' (larryswedroe.substack.com)Three ways to simplify your portfolio. (morningstar.com)Why you should build portfolios for the long run. (theretirementmanifesto.com)Degenerate economyThe degenerate economy is growing and StockTwits is benefiting. (howardlindzon.com)We are living in the age of 'surreal financial assets.' (timharford.com)When you put a casino in everyone's pocket, people are going to play. (dopaminemarkets.com)A lot of prediction markets require arguments around actual outcomes. (riskgaming.com)Regulators have been turned from 'watchdogs into cheerleaders.' (citationneeded.news)Sports businessAre pro sport franchise values going to keep going up in 2026? (frontofficesports.com)KKR ($KKR) agreed to acquire Arctos Partners. (pe-insights.com)The NFL is hitting on all cylinders. (frontofficesports.com)ProteinThe new food pyramid emphasizes meat and full-fat