Good morning everyone… Social Investing is accelerating. Just in time for me as I received my trademark for ‘The Degenerate Economy’. Also, just in time for the second annual Cashtag Awards on May 4. Our awards have never been about the best of...

Markets Markets just move faster these days. (awealthofcommonsense.com) The stock market is at all-time highs while consumer sentiment is at all-time lows. (trendlabs.com) Hungary’s stock market is having a moment. (ft.com) How HALO various...

Here’s a preview of what we’ll cover this week:  Macro: The Economy Is Still Holding; The Consumer Is Resilient — But Bifurcating; Corporate America Is Both Confident and Cautious; Private Credit: The Noise Is Louder Than the Risk; AI Is Moving From Pilot...

Stay in touch Don’t miss a thing! Sign up for our daily e-mail newsletter. (newsletter.abnormalreturns.com) Are you a financial advisor? Every Friday we send a (free) advisor-focused newsletter. (newsletter.abnormalreturns.com) Top clicks this week...

The Bigger Picture, Sunday, April 19, 2026 The Bigger Picture I’d like to unpack today is how memory fragility is a key bumpy road for today’s AI Agents. And my take on how long our best AI companies will take researching and...

Autos What happened to the affordable, basic American car? (nytimes.com) SpaceX is a big buyer of Tesla ($TSLA) Cybertrucks. (finance.yahoo.com) Hyundai is seeing a surge in demand for EVs. (semafor.com) Are EREVs the way forward for...

Anthropic’s Opus 4.7 Pitstop & Pricing changes before Mythos: Anthropic is following up its cybersecurity concerns around its ‘peek-a-boo’ reveal of its next gen Mythos model, with Opus 4.7. It’s a small upgrade to its Claude Code and Cowork driving...

Anthropic’s Opus 4.7 Pitstop & Pricing changes before Mythos: Anthropic is following up its cybersecurity concerns around its ‘peek-a-boo’ reveal of its next gen Mythos model, with Opus 4.7. It’s a small upgrade to its Claude Code and Cowork driving...

View the video of this post here. This week’s post is sponsored by YCharts. As tax season wraps up, many advisors shift from filing conversations to decision-making: what to do with cash, how to adjust portfolios, and how to communicate next steps...

Three Key Takes today: (1) TSMC Q1 Sets the AI Industry Cadence. Fed-like. TSMC’s Q1 — profit up 58% YoY, revenue $35.9B, gross margin 66.2%. Advanced chips (7nm and below) now 74% of wafer revenue; HPC / AI data center = 61%. Full-year guide raised to...