Category: Commodities

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.

Commodities

Sunday links: intellectual depth

Market Expert Dec 22, 2025

Markets8 market lessons from 2025 including 'Stocks are spending less time in the S&P 500.' (tker.co)2025 put a nail in the coffin of the 'Bitcoin is digital gold' argument. (economist.com)CPG stocks no longer seem to act as a safe haven. (wsj.com)StrategyWant to get rich, concentrate? Want to get poor, concentrate. (awealthofcommonsense.com)Path dependence matters more than you realize. (thefinancialpen.substack.com)FinanceThe growth in retail investing has changed how institutional investors approach the market. (howardlindzon.com)BDCs are having a rough year with many trading well below NAV. (wsj.com)Why LPs don't typically sue GPs. (cashandcarried.substack.com)Deal makingThe TikTok deal solves nothing, and actually makes things worse. (wsj.com)Trump's 'peace deals' keep falling apart. (wapo.st)PardonsHow the Trump pardon machine operates. (giftarticle.ft.com)A visualization of the Trump pardon spree. (wsj.com)ImmigrationRoger Lowenstein, "The Trump Administration is racing to undo

Commodities

Friday links: the risks they’re taking

Market Expert Dec 21, 2025

MarketsHow did the 'Sell America' trade work out? (etf.com)Six simple ways to improve investment performance. (awealthofcommonsense.com)DegeneracyThe line between gambling and investing has been obliterated. (barrons.com)Why younger generations are betting their brains out. (wsj.com)Prediction marketsPrediction markets have quickly become dependent on sports. (ft.com)The DraftKings Predictions app has launched. (sportico.com)Fund managementHow the Bluerock Private Real Estate Fund ($BPRE) fell to nearly a 40% discount to NAV. (wsj.com)The best and worst new ETFs of 2025. (morningstar.com)AIHow many businesses are actually using AI? (agglomerations.substack.com)Technology booms rarely go off without a hitch. (econofact.org)GlobalBrexit: a bad policy, poorly implemented. (ft.com)Why China's population is set to decline. (axios.com)Earlier on Abnormal ReturnsPodcast links: the history of money. (abnormalreturns.com)What you missed in our Thursday linkfest. (abnormalreturns.com)Longform l

Commodities

Thursday links: the top of his game

Market Expert Dec 19, 2025

FinanceCoinbase ($COIN) is launching stock trading and prediction markets. (cnbc.com)Charles Schwab ($SCHW) is shutting down Schwab Intelligent Portfolios Premium. (thedailyupside.com)TrumpTrump Media ($DJT) is merging with a nuclear fusion company TAE Technologies. (cnbc.com)Which seemingly ends the push into Bitcoin. (ft.com)Mapping out the growing Trump business empire. (wsj.com)StreamingThe Oscars are headed to YouTube. (hollywoodreporter.com)Streaming companies are now the underdog. (spyglass.org)Howard Lindzon talks with Farhad Massoudi, founder of Tubi, about the case against Netflix ($NFLX) buying Warner Bros. ($WBD). (youtube.com)RoombaYou can blame the regulators for the death of Roomba. (spyglass.org)Why Roomba never really took off. (theatlantic.com)EconomyFalling shelter prices kept November CPI in check. (bonddad.blogspot.com)Still no meaningful pickup in weekly unemployment claims. (calculatedriskblog.com)How to think about the Sahm Rule, at present. (macromostly.substac