Prediction markets Kalshi is launching the American (political) Power Index. (axios.com) Kalshi and Coinbase ($COIN) are now offering perpetual futures. (cnbc.com) On the state of insider trading on prediction markets. (bloomberg.com) AI Anthropic has...

Markets South Korea is a big bet on AI. (axios.com) Retail traders seem to be riding the AI winners, for now. (sherwood.news) Strategy Don’t let your investment strategy burn you out. (awealthofcommonsense.com) On the parallels between the AI boom...

Books Five insights from “The Secret History of Gold: Myth, Money, Politics, and Power” by Dominic Frisby. (nextbigideaclub.com) An excerpt from “The Science of Second Chances” by Jennifer Doleac. (behavioralscientist.org)...

Markets Corporate profit margins keep rising. (chartkidmatt.com) Micron ($MU) is the fastest company, by far, from $500 billion to $1 trillion in market cap. (wsj.com) ETFs Charles Schwab ($SCHW) and Vanguard are neck-and-neck when it comes to ETF...

Podcasts Jack Forehand and Justin Carbonneau talk with Ben Carlson, author of “Risk and Reward.” (podcasts.apple.com) Peter Lazaroff talks with Phil Toews, author of “The Behavioral Portfolio.” (peterlazaroff.com) Christine Benz...

Markets Rates are up all over the world. (axios.com) Bonds and stocks are living in two different worlds. (mrzepczynski.blogspot.com) Are one-time effects driving S&P 500 earnings? (axios.com) The ERP is essentially zero. (wsj.com) Finance...

Research Why factor rebalancing matters. (alphaarchitect.com) A model of the global credit factor. (libertystreeteconomics.newyorkfed.org) AI disruption is here. How to sort the winners from the value traps. (sparklinecapital.com) How housing and...

Long-short SMAs Michael Batnick talks with Brent Sullivan of Tax Alpha Insider. (youtube.com) How Fidelity and Schwab ($SCHW) are throttling demand for long-short SMAs. (riabiz.com) The biz Farther has now raised $276 million in capital. (riabiz.com) How...

Stocks Just how much AI is driving the stock market. (morningstar.com) Looking ahead to 2028 earnings. (tker.co) Rates What to make of rising interest rates. (awealthofcommonsense.com) Long term TIPS are now yielding near 3%. (bobeunlimited.substack.com)...

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