CXMT Memory maker CXMT is now public. (cnbc.com) Local governments are the big winners with the CXMT IPO. (ft.com) Japan Japan’s boom and bust may be the most interesting in financial history. (awealthofcommonsense.com) Japan is now facing...

Private equity PE made a mistake benchmarking against the stock market. (ft.com) Data on the performance of PE megafunds. (pitchbook.com) AI How close are we to fully autonomous portfolios? (rpc.cfainstitute.org) How AI will unbundle asset...

Podcasts John Manganaro and Sean Allocca talk longevity and aging with Jon Sabes. (youtube.com) Thomas Kopelman reviews the state of estate planning with David Haughton. (podcasts.apple.com) Jack Forehand and Justin Carbonneau talk with Wes Gray at...

Markets Higher real yields are acting like competition for stocks. (trendlabs.com) Market indicators often work until they don’t. (humbledollar.com) What ISN’T working in this market environment? (awealthofcommonsense.com) AI Keeping up with...

Stay in touch Do you work in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com) Don’t miss a thing. Sign up for our daily e-mail newsletter! (abnormalreturns.com) Top clicks this week Why...

Autos The Cybertruck is a flop. (futurism.com) The stick shift is nearly dead. (msn.com) Americans are snapping up hybrids. (wired.com) Expanded EV use has made for cleaner Beijing air. (reasonstobecheerful.world) Transport Too many guardrails need...

ETFs Michael Batnick talks with James Seyffart of Bloomberg Intelligence about the explosion in leveraged ETFs. (youtube.com) More than half of new ETF launches in 2026 are single stock. (ft.com) Eric Balchunas and Joel Weber speak with James Seyffart...

Markets Can the market absorb more IPOs? (marketwatch.com) Rising Treasury rates make for better competition for stocks. (tmcresearch.com) The stock market is calm on the surface, churning underneath. (axios.com) Prediction markets Is Wall Street going to...

Books Five insights from Ian Bogost’s new book, “The Small Stuff: How to Lead a More Gratifying Life.” (nextbigideaclub.com) An excerpt from “Young Money: A Field Guide to Wealth and Purpose in Your Twenties” by Jack...

Finance Private equity is increasingly filled with stranded assets. (wsj.com) Single stock futures are getting a second life. (rcmalternatives.com) Autos How disappointing are Tesla ($TSLA) Cybertruck sales? (bloomberg.com) Costco ($COST) is...