April 2026 The S&P 500 returned 10.49% in April 2026. (on.spdji.com) How major asset classes performed in April. (capitalspectator.com) Markets Marc Rubenstein, “Arbitrage is a broad term and it’s often misused.” (netinterest.co)...

Markets How Treasury rates have risen since the onset of war. (capitalspectator.com) Oil prices are at their highest level since the beginning of the Iran war. (axios.com) How gas prices are moving in response. (sherwood.news) Strategy The economy is not...

Construction “Abundance” co-authors Ezra Klein and Derek Thompson talk with “Why Nothing Works” author Marc Dunkelman about the state of the abundance agenda. (podcasts.apple.com) Construction costs move in one direction:...

Strategy Why doomsayers are more wrong than not. (awealthofcommonsense.com) Why the promise of emerging markets has fallen short. (morningstar.com) Small traders on Polymarkets are net-net money losers. (bloomberg.com) Companies The audio business needs...

Podcasts Todd Wenning talks money in your 40s with Morgan Housel, author of “The Art of Spending.” (flyoverstocks.com) Frazer Rice talks with Rick Ferri about bringing simplicity back to investing. (youtube.com) An interview with Bill...

Markets Why poor consumer confidence shouldn’t deter you from investing. (trendlabs.com) Small caps are leading YTD. (stockmarketmedia.com) Private assets Good luck trying to find a semi-liquid private equity fund that will outperform over the long...

Round-ups A round-up of recent research on prediciton markets including ‘How Wise is the Crowd? Bias and Edge in Prediction Markets.’ (capitalspectator.com) A round-up of recent academic research including ‘Getting the Target Right in...

Finance Investors are swapping their private BDCs for public BDCs. (wsj.com) The private equity industry has changed a lot over the years. (investmentecosystem.com) Amazon-backed X-Energy ($XE) is now public. (pitchbook.com) Layoffs Big Tech is using...

Podcasts Ben Johnson talks with Michael Gates, Blackrock’s head of model portfolio solutions for the Americas. (morningstar.com) Josh Brown talks with Louis Diamond, CEO of Diamond Consultants, to break down the surge in advisor movement....

Markets The stock market serves to confuse you. (awealthofcommonsense.com) There are plenty of reasons why a stock can stumble. (humbledollar.com) Sam Ro, “At the end of the day, publicly traded companies aren’t out here to sell a product. They’re...