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The Big Picture — Barry Ritholtz·

An Overly AI-Dependant Economy?

Invictus here. During Friday’s sell-off, I wanted to review the major economic factors to see whether the market is foreshadowing a slowdown or worse. The TL:DR: The United States is still growing, but at a slower pace. Compared with the 1990s, growth has become increasingly dependent on a narrower range of economic activity,… Read More The post An Overly AI-Dependant Economy? appeared first on…

Bearish
Jason Furman·

My comment to neilirwin about 20 CEA staff being replaceable by AI generated discussion. My followup essay on the issue & what it means for the future of work, training and the pipeline. We…

My comment to neilirwin about 20 CEA staff being replaceable by AI generated discussion. My followup essay on the issue & what it means for the future of work, training and the pipeline. We shouldn't avert our gaze from the tough issues we face. https://econvitals.org/posts/2026-11-01-ai-first-job/

Abnormal Returns·

Top clicks this week on Abnormal Returns

Thanks for checking in with us this weekend. Here are the most clicked on items on Abnormal Returns for the week ended...

Bullish
Jason Furman·

My thought on the role of growth in solving fiscal problems: 1. I'm in favor of dynamic scoring for both tax & spending plans--you should take into account the best estimate of impact on budget. 2…

My thought on the role of growth in solving fiscal problems: 1. I'm in favor of dynamic scoring for both tax & spending plans--you should take into account the best estimate of impact on budget. 2. Dynamic scoring needs to be done by CBO/JCT, they're generally unbiased and reasonably efficient.

Bullish
Marginal Revolution — Tyler Cowen·

What are the Worst MR Posts?

What are the worst MR posts, most illogical, poorly reasoned, low value, inconsistent? From the Archives, written by ChatGPT: These are provisional candidates for weak reasoning, selected because there is a specific gap between the evidence and the conclusion. This is not an objective ranking of all 40,326 posts in the downloaded archive. Poor reasoning […] The post What are the Worst MR Posts?…

Bearish
The Guardian Business·

Fashion and tradition: how John Smedley is innovating in a tough market

In the final article in a series on high-end British manufacturing we look at a clothing brand that dates to the 18th century but is increasingly on-trend Making jeans again: the Hiut Denim factory in Cardigan Rolls-Royce rides high on craze for customisation Luxury leather: from wallets to cigar cases Tina is wielding a large pair of scissors with authority, slicing with immense skill and…

Bullish
The Big Picture — Barry Ritholtz·

10 Sunday Reads

Avert your eyes! My Sunday morning look at incompetence, corruption, and policy failures: • Americans Are Losing The Long Game: How the United States abandoned the future. As the Trump administration uses its second term to try to flex the sinews of American might, the sources of American power have never seemed less well understood. The… Read More The post 10 Sunday Reads appeared first on The…

NYT Business·

How a Little-Known Company Dominated the Persian Gulf Oil Trade

South Korea’s Sinokor controls about half the tanker transits through the Strait of Hormuz, benefiting from a big bet just before the war in Iran started.

NYT Business·

ACLU’s Anthony Romero Says CEOs Are ‘Ducking the Hard Issues’

Anthony Romero has led the American Civil Liberties Union since 2001. He worries that Americans have fewer rights now.

NYT Business·

Cyril Hilsum, Who Helped Invent Flat-Panel Displays in TVs and iPhones, Has Died at 101

The man who helped develop the technology for liquid crystal displays — the screens in flat-panel televisions and laptops — has died at 101.

Marginal Revolution — Tyler Cowen·

Those new service sector jobs?

A suburban Chicago man has been sentenced to two years in federal prison for conspiring to stage armed robberies so that the purported victims could apply for U.S. immigration visas reserved for crime victims. From 2022 to 2024, PARTH NAYI organized and participated in hundreds of staged armed robberies at coffee shops, restaurants, liquor stores, and gas […] The post Those new service sector…

Wolf Street·

US Government Sold $907 Billion of Treasury Securities this Week. That’s a Lot of Paper. Yields Pulled Back

As AI & chip stocks tanked, investors shifted from the “AI trade” to the “safe-haven trade” and bid up Treasuries.

NYT Business·

Chili’s Margaritas Rimmed With Degreaser Burn 5 People in North Carolina

Three customers and two employees were burned on and around their mouths after a granulated substance was mistaken for sugar, a health official said.

NYT Business·

Judge Tosses Trump’s $10 Billion Suit Against The Wall Street Journal

The defamation suit focused on an article about a birthday note to Jeffrey Epstein. It was the president’s second attempt to claim the publication had acted with actual malice.

NYT Business·

F.D.A. Warns of Tractor Wheels Snack Bar Linked to Choking Hazard

Once Upon a Farm has recalled its Tractor Wheels soft-baked bars after reports that toddlers could not breathe while eating them.

Bearish
Abnormal Returns·

Saturday links: walking a fine line

Saturdays we catch up with the non-finance related items that we didn’t get to earlier in the week. You can check out...

Bearish
Wolf Street·

THANK YOU 💖 for Your Wonderful Support of WOLF STREET!!! If You Missed the Fall Reminder: Please Donate

AI has changed the Internet, and WOLF STREET needs you more than ever. Thank you!!

Bearish
The Big Picture — Barry Ritholtz·

MiB: Rich Steinmeier LPL CEO on The Future of Financial Advice

This week, I speak with Rich Steinmeier, Chief Executive Officer of LPL Financial Holdings Inc. (Nasdaq: LPLA), the largest independent broker-dealer in the country, with 32,000 advisors and $2.6 trillion in brokerage and advisory assets. He earned a BS in economics from Wharton and an MBA from Stanford, and began his career as… Read More The post MiB: Rich Steinmeier LPL CEO on The Future of…

CNBC Markets·

Binance’s $6.3 billion hack raises questions about crypto wallet safety

Two high-profile security incidents this week, including the largest crypto theft in history, have raised custody and safety concerns.

Bearish
The Big Picture — Barry Ritholtz·

10 Weekend Reads

Halloween weekend is here! Pour yourself a mug of Danish Blend coffee, grab a seat outside, and get ready for our longer-form weekend reads: • The Sane Asylum: A love letter to a new kind of company: Brie Wolfson: The people of Silicon Valley are unwell. If you work at a frontier lab or decacorn, you’ve… Read More The post 10 Weekend Reads appeared first on The Big Picture.

Wolf Street·

The 13 AI Giants, from Alphabet to Oracle, Sit on $1.13 Trillion in Cash. They Can Keep Spending on AI even if Markets Get Ugly

They've invested huge amounts in AI infrastructure, but they've raised cash even faster.

Noahpinion — Noah Smith·

Farewell, my Captain

A TV character gave us a glimpse of what humanity might become.

CNBC Markets·

It's a 'socialist' bank — and North Dakota Republicans love it

North Dakota's state-owned bank has broad Republican support and is drawing interest from public-banking advocates in other states.

CNBC Markets·

Fed officials are already saying they’ll need to get back to hiking rates

The comments from Federal Reserve Presidents Alberto Musalem and Lorie Logan offer the first morsels of insight into what leaders at the Fed see happening next.

Mark Cuban Cost Plus Drug Company·

The only thing scary about this price is what it used to be! 👻 Milnacipran HCl 50mg (generic for Savella) just got a 60% price drop at Cost Plus Drugs! 💊 30 tablets 📉 Was: $59.90 🎃 Now: $23.86

The only thing scary about this price is what it used to be! 👻 Milnacipran HCl 50mg (generic for Savella) just got a 60% price drop at Cost Plus Drugs! www.costplusdrugs.com/medications/... 💊 30 tablets 📉 Was: $59.90 🎃 Now: $23.86

Bearish
The Big Picture — Barry Ritholtz·

7 Surprising Market Data Points (after today’s selloff)

As the market melted down today, I did a deep dive into the underlying data. Some of these are more significant than others, but all were surprising: 1. INTEL (INTC): Today, Intel suffered its worst trading day in 52 years, falling 29.4%. The steepest one-day decline since 1974 came about due to a… Read More The post 7 Surprising Market Data Points (after today’s selloff) appeared first on The…

INTCBearish
A Wealth of Common Sense — Ben Carlson·

Earnings & Expectations

Why are earnings up way more than the stock market this year? The post Earnings & Expectations appeared first on A Wealth of Common Sense. ...

CNBC Markets·

Some Polymarket user funds stolen by hackers; exchange referring matter to U.K. authorities

The outage comes just days before the platform is expected to experience heightened trading during the U.S. midterm elections.

SEC Press Releases·

SEC Issues Exemptive Relief from Treasury Clearing Requirements for Certain Inter-Affiliate and Non-U.S. Repo Transactions

The Securities and Exchange Commission took another step forward today to assist broker-dealers and other market participants on the path to central clearing of U.S. Treasury securities by issuing exemptive relief related to inter-affiliate repo…

Wolf Street·

Treasury I Bond “Fixed Rate” Raised to 1.40%, Highest since 2006, for 5.51% Annual Combined Rate for Next 6 Months

This generation of inflation-protected long-term tax-advantaged buy-and-forget savings products is more appealing than those of the past 20 years.