I keep thinking that a core problem, not only with AI or social media, but the deployment of software in society generally, is how much the industry relies on being able to conduct social and individual psychological experimentation and manipulation on the public for its business models.
"...with little difference between top and bottom managers in public fixed income, and almost all of them trailing their index, public core fixed income has become essentially a beta allocation for both institutions and households." #econsky #finsky www.apollo.com/wealth/insig...
Public Bond Managers: Converging and Underperforming | The Daily Spark
The gap between the 90th- and 10th-percentile public core bond managers has narrowed from 1.5% a year in the 2010s to 1.1% since 2020, see the first and second charts below. Subscribe for daily update...
apollo.com
"Given this landscape—and the glaring truth that it’s A.I. driving the data center surge, not our online shopping—it seems unlikely that Americans will be swayed by PR campaigns designed to rebrand data centers as nothing more than helpful elves making the internet work." slate.com/life/2026/10...
It’s the Most Evil Innovation in America. Everyone Hates It. These People Are Certain They Can Change Your Mind.
Some would say they’re doing the devil’s work. They say they’re just doing their jobs.
slate.com
Amazing thread of an absolute car crash Microsoft live event 🧵
Kevin Beaumont@doublepulsar.com · 2w agoMicrosoft running their ‘new products’ live stream with the CEO and their viewer count is going down as the event is going on. Why? It’s all AI.
If you take a zoom call I will kick your seat back like a 4 year old on a sugar rush
The Wall Street Journal@wsj.com · 2w agoFree, fast internet is finally rolling out on planes around the world, ushering in a new era of in-flight connectivity—and in-flight annoyance. on.wsj.com/4y4Lkm4
"The bottom line is that the AI boom is clearly visible in investment data and in equity valuations, but it is not yet visible in the productivity statistics, which means the productivity payoff from AI remains a forecast rather than an observation." #econsky #finsky www.apollo.com/wealth/insig...
No Signs of AI in the Productivity Data | The Daily Spark
Total factor productivity (TFP) measures how much output the economy produces from a given quantity of labor and capital. Subscribe for daily updates.
apollo.com
Jack Smith: "History teaches that the rule of law is rarely destroyed all at once. It's often weakened by attacks on the institutions and the public servants sworn to uphold it. Since January 2025, we have witnessed precisely such an effort."
Both Torsten Slock and Jeremy Siegel mentioned in new notes that Meta's new AI agent might result in automated cash sorting that might spell some trouble for banks. #econsky #finsky links: www.apollo.com/wealth/insig... resources.wisdomtree.com/weekly-siege...
Weekly Siegel Commentary - Weekly Siegel Commentary
resources.wisdomtree.com
““What’s happening in Richardson is about to happen all over the country, and people are finally going to believe us that having all these drones flying around is actually a big, big problem.” www.nytimes.com/2026/09/21/u...
It’s Raining Boxes: Amazon Drones Overwhelm a Texas Suburb (Gift Article)
In Richardson, a fleet of drones has started to deliver goods quickly. But the noise is drowning out life for some residents: ‘We can’t live like this.’
nytimes.com
Mister.Nobody@ytregaws.bsky.social · 3w agoDon't want that shit in my sky. www.oregonlive.com/retail/2026/...
Norwegian civic sense & humour @robinwigglesworth.ft.com
My take on the Fed and the hike today. Brace for a rate hiking cycle. Not as convinced we will achieve an elusive soft landing. www.linkedin.com/posts/dianes...
Warsh asserts Fed’s independence | Diane Swonk | 18 comments
The Fed launched a new rate-hiking cycle with a unanimous quarter-point increase to 3.75%–4%. Inflation is too high and too persistent to ignore, while resilient demand and a solid labor market give p...
linkedin.com
Okay, chat. You want to ask an AI expert questions? Ask um. I will answer any and all questions I am able to answer, including speculative, about the current discourse.
This is now the second time in a matter of months that a late-night host has disclosed they had to bury an interview because of FCC intimidation. No host, local affiliate, or network should have to weigh federal retaliation before booking a guest for a newsworthy interview 🧵
BREAKING: the national average price of *gasoline* has risen 9.6c/gal so far today, the biggest one-day jump since April 30. The largest single day rise in 2026 was 12.1c/gal on March 3.
Barron's dude hearts some investment grade baby bonds - www.barrons.com/articles/bab...
How to Get 7% Yields with ‘Baby Bonds’—Without Taking Junk-Bond Risk
The yields can be great and, for many, so is the credit quality.
barrons.com
I like that this design appears to show the birth date of liberty as 1776, and its death as 2026
Happy fucking birthday. #finsky www.morningstar.com/funds/index-...
The Index Fund Turns 50: How Jack Bogle Changed Investing Forever
As Vanguard’s first S&P 500 index fund turns 50, explore John Bogle’s indexing revolution, its impact on investors, and what might have happened without it.
morningstar.com
It was so much easier to be an American trade negotiator back in the day when a negotiator’s words could be trusted. Future presidents might not act on the whim of the hour, but the world now knows the U.S. can reverse its stance when the other party regains control. Bipartisan trade policy is dead.
‘A Deal Written in Pencil’: Tariffs Are Erasing America’s Credibility | The Daily Economy
Canada strengthened its border, removed retaliatory tariffs, and got slapped with tariffs anyway. Global governments are learning that US commitments cannot ...
thedailyeconomy.org
“.. It’s unclear who will make this enormous commitment as US drillers voiced reservations over new investment in the region. Importantly, that kind of investment needs to survive multiple administrations.” 👀 www.ft.com/content/2f88...
reminder that this is what auto supply chains in North America currently look like. Random parts can cross the US/Canadian border half a dozen times www.wsj.com/business/aut...
The Wall Street Journal@wsj.com · 2mo agoBreaking: President Trump said the U.S. will impose 50% tariffs on autos from Canada starting in January, an escalation in the trade conflict that erupted over the weekend.
The popularity of risky leveraged chip ETFs in South Korea prompted regulators to cap individual exposure and mandate a weeklong investor education course (Financial Times) Main Link | Techmeme Permalink
“The clearest sign that a democracy has died is that a leader and his party make it impossible for their opponents to win an election and hold power. Once that stage is reached, however, the change is extremely difficult to reverse.” www.nytimes.com/interactive/...
Opinion | Trump’s Election Interference Is Eroding American Democracy (Gift Article)
The president is prioritizing his own interests over the national interest.
nytimes.com
Carry on trashing the shit out of everything for the time being. www.nytimes.com/live/2026/08...
Trump Live Updates: Canada Tariff Deadline, White House Ballroom Construction News and More (Gift Article)
nytimes.com
