- Markets Are Always Different This Time↗ 23 Oct 2026
Market structure has transformed radically since 1960—from rail-heavy industrials to tech dominance, with trading costs collapsing and information symmetry improving. Despite more data availability, beating markets remains hard because the structural edge has vanished.
- How I Think About Investing in Bonds↗ 22 Oct 2026
A personal finance perspective on why bond yields have become attractive for the first time in two decades, and how to think about incorporating bonds into a diversified portfolio at different life stages.
- Animal Spirits: It’s a Bloodbath↗ 21 Oct 2026
A market commentary episode covering AI investment dynamics, CoreWeave's yield crisis, sector rotation away from mega-cap tech, and inflation data divergence—with curated news clips and social-media takes on market volatility.
- Tech People Don’t Know What’s Going to Happen Either↗ 20 Oct 2026
Tech insiders routinely mispredicted the metaverse and Web3 booms, and OpenAI itself underestimated ChatGPT's adoption by 10x; today's AI forecasts—from 17% GDP growth to apocalyptic job loss—deserve skepticism given the unpredictable real-world frictions (regulation, politics, corporate resistance) that will shape the technology's actual impact.
- Talk Your Book: The Case for Value and Momentum↗ 19 Oct 2026
Podcast episode discussing value and momentum investment factors, rebalancing strategies, and how AI/semiconductor earnings are reshaping stock classifications.
- 15 Year Stock Market Returns↗ 19 Oct 2026
Stock market returns over the past 15 years exceed historical averages at 15.7% annually, but long-term cycles suggest mean reversion is inevitable—though timing remains unknowable. Historical context and lower return expectations provide a margin of safety.
- What’s the Right Level of Interest Rates For the Economy?↗ 16 Oct 2026
Interest rates lack a historical 'normal'—they've swung wildly across decades. The abrupt shift from ZIRP to 4–5% rates has crushed housing affordability and economic activity (20% of GDP) despite earlier predictions of crisis, raising questions about policymakers' transition planning.
- Hedging the AI Trade↗ 15 Oct 2026
With mega-cap tech stocks now comprising 40% of the S&P 500—a level unseen since the 1950s—this piece explores whether concentration is a structural new normal or a cyclical risk, offering practical diversification strategies (value, dividends, foreign markets, bonds) that would outperform if the AI trade unwinds.
- Animal Spirits: Are Higher Rates Worse Than ZIRP?↗ 14 Oct 2026
A podcast-style link roundup covering market concentration, tariffs, corporate debt, AI spending, and asset valuations, with curated financial commentary and entertainment recommendations.
- Is It Time to Rebalance Your Portfolio?↗ 13 Oct 2026
With bond yields now exceeding 5% for the first time in two decades, investors who over-weighted equities during the low-rate 2010s should consider rebalancing back to their target allocations to restore diversification and prudent risk management.
- Talk Your Book: Will AI Debt Cause a Recession?↗ 12 Oct 2026
A podcast episode discussing AI-related debt risks, credit market stress signals, and defensive portfolio positioning in the context of potential recession concerns.
- Betting on Hope↗ 11 Oct 2026
Americans persistently gamble on longshot outcomes—lotteries, sports parlays, prediction markets—not primarily to win money but to purchase hope and daydreams. Data shows most bettors chase 1000%+ returns against sophisticated traders, accepting irrationality as part of human nature.
- The Winners & Losers of Higher Interest Rates↗ 9 Oct 2026
Higher interest rates create both winners (savers, retirees, cash-rich companies) and losers (homebuyers, renters, small businesses); the author argues the damage outweighs benefits, particularly through a "higher rates, higher rent doom loop" that risks rekindling inflation.
- Better Investment Right Now: Stocks or Bonds?↗ 8 Oct 2026
With bond yields finally attractive after two decades, the author examines whether a 10+ year investor should still own stocks, using historical data to argue that diversification—even modest stock allocations—hedges inflation and interest-rate risk better than an all-bond portfolio.
- Animal Spirits: Sudden Wealth Syndrome↗ 7 Oct 2026
A podcast episode spanning market commentary, wealth inequality, AI pay effects on tech workers, and consumer spending strain—sponsored content mixing finance news and market observations.
- The Rich Are Getting Richer. So Is Everyone Else↗ 6 Oct 2026
Wealth inequality persists, but data shows broad-based prosperity: 5 million US households now exceed $5M in wealth, younger generations are investing earlier and earning more than prior cohorts at the same age, and stock ownership is diversifying beyond top earners—signaling structural economic progress, not just elite gains.
- Talk Your Book: How Higher Rates Are Re-shaping Commercial Real Estate↗ 5 Oct 2026
A podcast discussion on how rising interest rates are reshaping commercial real estate, with credit potentially offering more downside protection than equity and an emerging split between prime and distressed assets.
- The Biggest Risk Everyone Already Knows About↗ 4 Oct 2026
AI capex spending shows classic boom-bust hallmarks—massive interconnected bets, record debt issuance, market-peak timing mismatches—yet Nvidia's valuation discipline and productivity gains muddy the historical comparison. The author argues the biggest market risk may not be the obvious one everyone already sees.
- Why is Consumer Sentiment so Low?↗ 2 Oct 2026
Consumer sentiment in the U.S. has hit historic lows despite strong economic fundamentals—stock markets at all-time highs, 4% unemployment, record household net worth. The piece explores why (inflation memory, housing costs, wealth inequality, politics, social media doom) while questioning whether a survey methodology shift to online polling may be inflating pessimism.
- Where is the Stock Market Volatility?↗ 1 Oct 2026
Why rising Treasury yields haven't triggered stock market volatility this year: earnings growth and economic strength matter more than rates alone, though a tipping point exists beyond which bonds become competitive enough to force equity rotation.
- Animal Spirits: Will Higher Rates Kill the Stock Market↗ 30 Sept 2026
A podcast episode featuring market commentary on diverging stock breadth, household wealth effects, and contradictory economic signals (record stock highs alongside elevated unemployment, high rates, and depressed consumer sentiment).
- A Brutal Bond Market↗ 29 Sept 2026
Bond markets have delivered their worst returns in modern history over the past 5-10 years, eroded by low starting yields, rapid rate increases, and high inflation. The silver lining: yields are now at 20-year highs, resetting return expectations favorably for long-term investors.
- Talk Your Book: The Next Generation of Income Strategies↗ 28 Sept 2026
A podcast episode discussing how ETF wrappers are modernizing the structured note market, including autocallable income strategies and stability notes as alternatives to leveraged ETFs.
- Strange Times↗ 27 Sept 2026
Markets are in a paradoxical state: strong economic growth, low unemployment, and record stock highs coexist with low consumer sentiment, elevated inflation, and rising rates that theory says should hurt equities. The author explores why traditional finance models are failing to predict outcomes.
- Most Stocks Are Losers↗ 25 Sept 2026
Analysis of S&P 500 concentration: just 35% of stocks outperform the index in 2026, with only 23% beating it over 10 years. Extreme dispersion between mega-cap winners and broad losers makes active stock-picking harder than ever; index funds dominate.
- Can You Be a Boglehead Tech Investor?↗ 24 Sept 2026
Public equity investors haven't missed out despite the rise of private markets: the Nasdaq 100 returned 20% annually over 15 years, Mag 7 acquisitions captured innovation, and VC returns are power-law lottery tickets with high failure rates—Bogleheads can stay the course.
- Animal Spirits: The Wobbly House of Cards↗ 23 Sept 2026
A podcast episode roundup touching on AI market risks, consumer spending strength, and economic divergence between growth and stagflation scenarios, with sponsored content and media recommendations.
- Why Didn’t We Get a Housing Bubble?↗ 22 Sept 2026
Housing prices surged 55% in the 2020s without a bubble because constrained supply, responsible lending standards, demographic tailwinds, and locked-in low mortgage rates eliminated the speculation and excess that preceded the 2008 crash.
- Talk Your Book: Price is the Ultimate Factor↗ 21 Sept 2026
A podcast episode discussing momentum vs. value investing, price dynamics, and whether shared AI tools could amplify herding behavior in markets.
- The Biggest Risk to the Economy↗ 20 Sept 2026
Policy errors—not market corrections themselves—pose the greatest economic risk. Drawing parallels between today's AI boom and the 1873 panic, the author argues that heavy-handed government intervention, whether monetary, fiscal, or trade-related, could turn a normal slowdown into a prolonged depression, as happened after the dot-com bust morphed into the financial crisis.