Markets The junk bond market has become a lot less junky. (morningstar.com) Platinum and palladium are joining in on the metals boom. (etf.com) Defense investment is ‘no longer a dirty word’ in Europe. (giftarticle.ft.com) Crypto ETFs are...

The Way of Excellence David Esptein talks with Brad Stulberg, author of “The Way of Excellence.” (davidepstein.substack.com) Five insights from Brad Stulberg’s new book, “The Way of Excellence: A Guide to True Greatness and...

Markets Corporate credit spreads are tight. (morningstar.com) Everything working against the U.S. dollar right now. (ft.com) Tether is buying gold hand over fist. (theblock.co) So is the State Oil Fund of Azerbaijan. (ft.com) Crypto Fidelity is launching...

Podcasts Benjamin Felix talks with Braden Warwick for a deep dive into what it means to engineer financial outcomes. (rationalreminder.libsyn.com) Rick Ferri talks with Perryne Desai, CFA, who is the Head of Index Fixed Income Product at...

Markets Who’s buying all that gold? (ft.com) People are trading silver like crazy. (sherwood.news) Strategy There’s only one way to invest in global bonds, currency hedged. (morningstar.com) An example why you shouldn’t take financial...

Round-ups A round-up of recent academic research including ‘The Importance of Considering Regimes in Long-term Asset Allocation to Real Estate.’ (alphainacademia.substack.com) A round-up of recent research including ‘The Death of...

Commodities Commodities are off to a strong start this year. (capitalspectator.com) Gold topped $5000 per ounce for the first time ever. (sherwood.news) Central banks keep snapping up gold. (mrzepczynski.blogspot.com) Crypto Bitmine ($BMNR) is buying...

Podcasts Michael Kitces talks with George Kinder about AI and the adviser-client relationship. (kitces.com) Michael Sidgmore talks with Sara Naison-Tarajano Partner at Goldman Sachs ($GS) about growing intersection between private markets and private...

Markets Is a meme stock moment ever possible again? (barrons.com) The boost in corporate margins is all coming from tech. (apolloacademy.com) Beware interest in brokerage stocks. (acadian-asset.com) Strategy Everywhere you look you see signs of...

Also on the site Is enshittification the driver of higher corporate profit margins? (abnormalreturns.com) Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com) The U.S. has become a riskier place to do...