Markets The stock market rally is broadening out. (trendlabs.com) Stocks are rallying despite poor consumer sentiment. (carsongroup.com) Strategy Different stocks have differing durations. (flyoverstocks.com) Why AI-generated investment content is a waste...

Quant stuff A round-up of recent academic research including ‘ Options Trading Strategy in Earnings Season.’ (alphainacademia.com) A new monograph “The Active Side of Indexing” by Rob Arnott and Lillian Wu just...

Much of the focus this AI Tech Wave has been on the three mega-AI IPOs expected this year with a combined valuation of over three trilllion dollars. But it’s not just SpaceXai, Anthropic and OpenAI who are poised to go public. This week the US markets...

The frame running through every item today: The private-market AI boom is now accelerating into the public market and corporate-strategic side. It’s not just about the three mega AI tech IPOs lined up for end of year — SpaceXAI, Anthropic, and OpenAI. A...

Markets The stock market has powered through the war due to AI and semiconductors. (giftarticle.ft.com) Crazy markets can always get crazier. (awealthofcommonsense.com) Private assets KKR & Co. is injecting $300 million into a private credit fund...

Podcasts Michael Batnick talks with Michael Kitces about AI’s impact on wealth management. (youtube.com) Paul Richards and Joe Wiggins talk about the curse of knowledge and how to communicate complex information to different...

One of my spotlights earlier this year in these pages was on Corning Glassworks ($GLW), a 175 year old glassmaker, suddnely turned of late into an AI superstar in this AI Tech Wave. Back this February, it’s market cap was a little over $100 billion vs...

Markets The top 10 companies in the S&P 500 generate over a third of its earnings. (apollo.com) Have you checked out China’s stock market recently? (trendlabs.com) UK stocks are having a moment. (global.morningstar.com) Strategy Nobody...

Before I get started… Happy Mother’s Day to the four moms that read me here including my wife Ellen. Mom’s rule. Last week in New York, my friend Barry Ritholtz had me back on his hugely popular and long running Masters In Business Podcast. We had a...

Here’s a preview of what we’ll cover this week:  Macro: What’s Driving The Labor Market?; The Labor Market Is Disinflationary; The Consumer Is Spending Markets: Positioning Is Getting Fuller; AI Capex Will Drive Better Returns?; AI Companies Might...