Oil How much higher will gasoline prices go? (natesilver.net) How do higher oil prices affect the stock market? (awealthofcommonsense.com) Prediction markets The Kalshi and Polymarket CEOs are very public-facing. (npr.org) Kalshi is now targeting women...

Stay in touch Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com) Are you a financial advisor? Every Friday we send a (free) advisor-focused newsletter. (newsletter.abnormalreturns.com) Top clicks this week Most...

Autos U.S. automakers were struggling before Trump 2.0. Now they’re screwed. (nytimes.com) American car buyers paid $26 billion in ‘destination charges’ last year. (wsj.com) Average monthly car payments are now nearly $800 a...

Bonds The Treasury flight-to-safety trade isn’t working. (panoptica.ai) Sovereign bond markets are not panicking. (ft.com) Strategy Uncertainty is inherent in investing. Prepare accordingly. (awealthofcommonsense.com) Before you invest in a...

Viewing Are there more TBPN-like niches out there? (hollywoodreporter.com) Amazon ($AMZN) is shutting down the Wondery app. (variety.com) Apple Music ($AAPL) will flag AI music, kinda sorta. (engadget.com) Podcasting is an open standard. Video is...

Prediction markets Nilay Patel talks with Liz Lopatto about why the media has pivoted to prediction markets. (theverge.com) Underdog is pivoting to prediction markets. (frontofficesports.com) Geopolitics Long term, Japan is a big part of any...

Books An excerpt from “After Covid: The Health Impacts That Will Last Generations” by Jason Gale. (bloomberg.com) An excerpt from “Picky: How American Children Became the Fussiest Eaters in History” by Helen Zoe Veit. (slate.com)...

Markets Bitcoin is just a risk-on asset. (trendlabs.com) South Korean stocks have taken it on the chin this week. (ft.com) Target ($TGT) stock has stopped going down. (stockmarketmedia.com) War How markets have historically reacted to war....

Podcasts Dan Harris talks with Morgan Housel, author of “The Art of Spending Money: Simple Choices for a Richer Life.” (podcasts.apple.com) Jon Luskin talks with Heather and Douglas Boneparth, authors of “Money Together: How to find...

Strategy Most fixed income investors should avoid both long duration and big credit risks. (fa-mag.com) A good reminder that active management is really hard. (ft.com) Value investors need to update their priors. (mojo3324106.substack.com) Companies...