Amazing flight experience for a lucky few: www.instagram.com/reel/DWnO3Ig...

1-year Anniversary of Liberation Day: -US foreign direct investment is lower -US factories employ 89,000 fewer people -US goods trade deficit is UP 2% -Treasury collected billions but must return it -Inflation elevated. -Every court + SCOTUS found them unconstitutional www.npr.org/2026/04/02/n...

'We don't need the Strait of Hormuz' is the new 'foreigners pay the tariffs.'

Welcome to the story of the Silicon Shield. Fascinating video on how Taiwan turned its biggest geographical weaknesses into a global monopoly that no one else has been able to copy. On an island with earthquakes, no freshwater and a hostile superpower 100 miles away? youtu.be/UWBrzzd1_yg?...

There oughta be a law...

The Hateful Eight is 85% of S&P 500 Decline (via @paulkedrosky.com ) paulkedrosky.com/chart-of-the...

Saba’s current alternative tender proposal to EWIT shareholders involves the value of SpaceX being capped at last December’s valuation of $800bn, rather than the expected value of $1.75tn being placed on its coming IPO. www.ft.com/content/e18e...

On your iPhone: 1. Open Settings 2. Go to General → Keyboard. 3. Turn Auto-Correction off Game changer!

3 cheers for Delta! www.nytimes.com/2026/03/24/b...

some Coinbase customers are horrified that the Coinbase app is encouraging them to gamble they're so close

Fun to see how the erroneous predictions line up with how the crypto super PACs were spending. I've spoken before about how Polymarket — despite its PR claims about being more accurate than polls — is often a better signal of what crypto holders WANT to have happen.

The S&P 500 has been down 4 weeks in a row, and six of the last 12 weeks. As of Friday, we were off ~6.8% from recent highs, with the Nasdaq off ~8.2%. This looks less a case of TACO, and more of a case of an oversold market wildly overdue for a bounce...

10 Weekend Reads -Inside OpenAI’s Race to Catch Up to Claude Code -Why Tech Giants Are Ditching the Power Grid -The Tesla Influencers Leaving the ‘Cult’ -What the war has done to Iranians -Agents Over Bubbles -There are no psychopaths ritholtz.com/2026/03/10-w...

10 Friday AM Reads -Finance Bros to Tech Bros: Don't Mess With My Bloomberg Terminal -Bond Traders No Longer Price In Any Chance of Fed Cut in 2026 -Demand destruction has begun -Cuba Is Going Dark -How Did Flea Make a Jazz Album? Practice, Practice, Practice ritholtz.com/2026/03/10-f...

We are in the midst of a hot war in Middle East, Oil prices kiss $120, cooling (pre-war) labor market, + the odds of a recession ticking up from modest levels. And despite all of this geopolitical economic chaos, Silver and Gold are both crashing. Capital flow reversals? Speculative unwind

Today, in silly distractions from War, rising oil prices, falling GDP, Epstein, ICE activities, etc. Government Registers "Aliens.Gov" Domain www.404media.co/government-r...

10 Wednesday AM Reads -The Stock Market Looks Wild Under the Surface -The Biggest Active Stock Funds Picked the Right Stocks. They Still Lagged -Who Ate All the Chinese Stock Market Returns? -America’s Diminished Place in the World -Is MAGA in Its Cringe Era? ritholtz.com/2026/03/10-w...

I remain unconvinced that the MEDIAN alternative fund is worth the fees, illiquidity, and complexity. Unless you can get into a top-decile (maybe even top-quartile) fund, it is simply not worth the headaches. ritholtz.com/2026/03/ill-...

10 Tuesday AM Reads -Et Tu, S&P 500? -Iran Has Just Fired the Most Dangerous Shot of This War + It Wasn't a Missile -Judge Smacks Down Trump's Powell Investigation -China's Edge in an Oil Shock: Electric Cars and Renewables -How the Housing Market Split in Two ritholtz.com/2026/03/10-t...

10 Monday AM Reads -Barron's 100 Most Influential Women in Finance -Why Private Market Funds Are Dangerous for Retail Investors -Global Investment Returns Yearbook 2026 -Should Hot IPOs Get Special Treatment? -Prices for New Cars Have Soared. Here's One Big Reason Why. ritholtz.com/2026/03/10-m...

Nice to see another HNTI book translation - this one into Castilian Spanish, and in great company with the Buffett & Munger book. (Lots more of HNTI translations coming...)

10 Sunday Reads -Nasdaq’s Shame -Iran War 1st Week Cost $11.3B plus -Insurance Catastrophe -The Dirty, Dystopian World of AI Data Centers -Indexing Cap Gains to Inflation Still Illegal/Bad Idea -Trump Just Pardoned Ticketmaster -Oil Prices Could Easily Go Much Higher ritholtz.com/2026/03/10-s...

The strategy of artificial scarcity -- by Porsche, Ferrari, Rolex, Patek, Birken, Chanel, etc. -- continues to generate excess enthusiasm and outsized profits (along with some foolish speculation). Why Collectors Can’t Stop Buying Porsches robbreport.com/motors/cars/...

10 Weekend Reads: –David Zaslav Gets the Last Laugh –They Came to Spy on America. They Stayed to Coach Little League. –Sucker: My year as a degenerate gambler –The Status Economy –Building Brasília –Hollywood’s Most Invisible Job Gets Its Own Oscar ritholtz.com/2026/03/10-f...

Hire a TV attorney to be AG -- what could possibly go wrong?

Data for Hormuz Strait vessel traffic, updated every 30 minutes To monitor Hormuz Strait vessel traffic updated every 30 minutes, 24-hour rolling, type TRHBTKCD Index <Go> and WSL SHIPPING <Go> in Bloomberg. (via Torsten Slok)

10 Friday AM Reads -AI Isn't Coming for Everyone's Job -The Return-to-the-Office Trend Backfires -Why ATMs Didn't Kill Bank Teller Jobs, but the iPhone Did -The Right Way to Be a Scientific Contrarian -YouTube Just Ate TV. It's Only Getting Started. ritholtz.com/2026/03/10-f...

Look who has some cards: * SAUDI ARAMCO IN TALKS TO BUY UKRAINIAN DRONES TO PROTECT OIL FIELDS -- WSJ * ARAMCO IS TALKING TO UKRAINIAN COMPANIES SKYFALL AND WILD HORNETS -- WSJ @reuters.com

I am always perplexed by 1) what the crypto industry SAYS about its desire for legitimacy and then 2) what it DOES in direct contradiction to that: "WSJ reported that crypto exchange shut down internal investigation into transactions funding terror groups..." www.theguardian.com/technology/2...

10 Thursday AM Reads -Iran Tells World to Get Ready for $200 a Barrel Oil -Private Credit's Reckoning -How Trump and His Advisers Miscalculated Iran's Response to War -The Uncomfortable Truth About Hybrid Vehicles -Bam: 83-Point Game Broke the NBA ritholtz.com/2026/03/10-t...

Amazing conversation with the one and only Bill Gurley — lots of wisdom, experience and knowledge rolled up into one fascinating guy ritholtz.com/2026/03/mib-...

@halsparks.com Paul Krugman @pkrugman.bsky.social talks AI with @ritholtz.bsky.social paulkrugman.substack.com/p/talking-wi...

10 Sunday Reads I'm traveling; Lite posting + higher volatility – Binance Employees Find $1.7B Was Sent to Iran – Looming Taiwan Chip Disaster Silicon Valley Has Long Ignored – X Really Is Pulling Users to the Right – Cabinet Apocalypse – Why Anthropic Wants Guardrails ritholtz.com/2026/03/10-s...

10 Weekend Reads – How the CIA + MI6 got hold of Putin's Ukraine plans and why nobody believed them – Pills Are Becoming Machines That Work Inside the Gut – Rolex Opened a College — and It's as Selective as Harvard – The Fallacy Fallacy – 'Survivor' Is America ritholtz.com/2026/02/10-w...

(I had a great conversation with @ritholtz.bsky.social about AI-washing here: www.bloomberg.com/news/audio/2...)

10 Friday AM Reads - People Loved the Dot-Com Boom. AI Boom, Not So Much. - Luxury's Overexposure Is Biting - Crypto Is Pointless. The White House Cannot Fix That. - Trump 'Affordability' Pivot That Never Came - How Did Hendrix Turn His Guitar Into a Wave Synthesizer? ritholtz.com/2026/02/10-f...

The richest man owns X. The second and third richest men control Google. The fourth richest man owns Facebook, Instagram, and WhatsApp. The fifth richest man owns The Washington Post. And now the sixth richest could soon take over both Paramount and Warner Bros. See the problem here?

10 Thursday AM Reads - Europe v America: Who's Winning? - Data Center Builders Thought Farmers Would Willingly Sell Land, Learn Otherwise - Which Piece of Speculative Fiction Had the Greatest Single-Day Stock Market Impact? - Inside the Roberts Court and Its Failures ritholtz.com/2026/02/10-t...

“Hello, this is Parker Ashland calling from the account review and compliance with the tax mediation and account support center... this center can review IRS payment options, abatement programs, or resolution solutions,” the message says. www.washingtonpost.com/business/202...

10 Wednesday AM Reads – US Economy Fact Sheet: State of the Union 2026 – FedEx sues for full tariff refunds – Diversification: It's Not Just for Defense Anymore – How Prediction Markets Polymarket/Kalshi Gamify Truth – How to talk about wine like a normal person ritholtz.com/2026/02/10-w...

Fortune had a good piece on the weekend--explaining that the 122 tariffs are illegal, there is no balance of payments deficit (includes a link to a St. Louis fed explainer--that it is an accounting system)-unless we go back to the gold standard finance.yahoo.com/news/trump-p...

The new Tariffs are just as unlawful as the old tariffs: The United States does not have a balance-of-payments deficit, much less a large and serious one. popular.info/p/trumps-new...

10 Tuesday AM Reads -Winners & Losers of SCOTUS Decision Striking Down Tariffs -Affordability Is Still a Hot Issue -The Ultra-Rich Are Different from You and Me -The Giant Void of Nothingness Where US Financial Regulation Used to Sit -Inside the Gay Tech Mafia ritholtz.com/2026/02/10-t...

10 Snowy Monday Reads – Amazon dethrones Walmart atop the Fortune 500 – Boaz Weinstein vs. Blue Owl – The dollar's reserve currency reign is ending – Euclidean zoning turns 100 – China's EV juggernaut is cracking – Canadians now see the US as a bigger threat than Russia ritholtz.com/2026/02/10-m...

"In Chicago, of 92 people arrested for assaulting or impeding officers last fall, 74 cases have resulted in no charges; in 13 cases, charges were filed and dismissed; and five charged cases were still pending. . . there have been no convictions. www.theguardian.com/us-news/2026...

10 Sunday Morning Reads – FBI: Epstein Was Vladimir Putin’s Wealth Manager –An embittered Brit decimated Washington Post –US Brain Drain Threatens Scientific Leadership –How Substack makes money from hosting Nazi newsletters –What I Saw at the Battle of Minneapolis ritholtz.com/2026/02/10-s...

So far this year, U.S.-domiciled investors have pulled $52 billion out of US equity products — “the most in the first eight weeks of the year since at least 2010.” 😔 @reuters.com #ByeAmerica www.reuters.com/business/buy...

Even Kavanaugh’s dissent leans on an oh-well/too-late/sunk-costs defense: “.. The Court says nothing today about whether, and if so how, the Government should go about returning the billions of dollars. ... That process is likely to be a 'mess.'” www.supremecourt.gov/opinions/25p...

"Just imagine for a moment I call you… you better do exactly what I want or I'm going to impose… a 10% tariff that will last for 150 days and then go away." That’s not leverage; that’s a marshmallow test.

Pritzker’s invoice to White House: (via @nbcnews.com) @govpritzker.illinois.gov