Top Finance Substacks
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#1Citrini Research
🔒︎PaidSUBSTACK#1 finance paid leaderboard · 0 of 6 recent posts free3
- Breaking The WallCitrini Research🔒︎Paid
Breaking The Wall
Has Blockchain Finally Reached Its Moment?
by CitriniThu Oct 8, 9:52 AM ET#1 finance paid leaderboard
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The wall between traditional finance and crypto is starting to come down. Imagine that your personal AI has access to all your finances. With the flick of the wrist, it puts your idle cash balances to work, makes investment decisions and negotiates the best mortgage for you.
Open post at Citrini Research → - Agentic RealityCitrini Research🔒︎Paid
Agentic Reality
The Ramifications of Agentic Consumer Adoption
by CitriniTue Sep 22, 3:15 PM ET#1 finance paid leaderboard
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Seven months ago, we pontificated on a scenario called The 2028 Global Intelligence Crisis – a future in which AI disruptions sent ripples across the global economy. In this thought experiment, we made no directional market calls but rather laid out a series of potential disruptions and how they could interact.
Open post at Citrini Research → - Robotics Tipping Point: A Citrini Field TripCitrini Research🔒︎Paid
Robotics Tipping Point: A Citrini Field Trip
Seeing is Believing
by CitriniWed Sep 16, 10:34 AM ET#1 finance paid leaderboard
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It was 60 degrees, damp and windy – August in San Francisco. Between graffitied picnic tables in a dive bar’s backyard, between local IPAs and cheap lagers, I listened to the “ reindustrialize bros” talk about slicing US-sourced magnet slabs, building electric motors for military drones, and machining actuators for robots Made in America .
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#3Doomberg
🔒︎PaidSUBSTACK#3 finance paid leaderboard · 0 of 6 recent posts free9
- Jump BallDoomberg🔒︎Paid
Jump Ball
Why Indonesia’s plan for strategic ambiguity just might work.
Sun Oct 11, 5:02 AM ET#3 finance paid leaderboard
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“He hits from both sides of the plate. He’s amphibious.” – Yogi Berra On January 6, 2025, Indonesia formally acceded to full membership in BRICS, the starts-and-stops, Russia- and China-led organization seeking to create an alternative to the US dollar-based global financial system.
Open post at Doomberg → - Ties That BindDoomberg🔒︎Paid
Ties That Bind
Carney stitches together Canadian unity using the thread of energy.
Wed Oct 7, 5:01 AM ET#3 finance paid leaderboard
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“No nation was ever ruined by trade.” – Benjamin Franklin With a land area equal to that of Arizona and a population of just 27,000, Labrador—the onshore portion of the Canadian province of Newfoundland and Labrador (NL)—is one of the most resource-rich yet largely undeveloped regions in the Western Hemisphere.
Open post at Doomberg → - Straw ClutchingDoomberg🔒︎Paid
Straw Clutching
Diesel fallacies and other geopolitical musings.
Sun Oct 4, 5:00 AM ET#3 finance paid leaderboard
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“Virtue is more to be feared than vice, because its excesses are not subject to the regulation of conscience.” - Adam Smith A classic trick in debate is distorting your opponent’s position, then nullifying your reframing of their view. This straw man tactic is particularly effective when the semantic maneuvering is sly and subtle, hence its permeation throughout political discourse.
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- Going With the FlowDoomberg🔒︎Paid
Going With the Flow
London to Brussels: Hold our beer.
Tue Sep 29, 5:02 AM ET#3 finance paid leaderboard
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“You’re running to be prime minister — it’s hard to be the person who makes jokes.” – Ed Miliband Several months ago, we took to these pages to articulate an admittedly long-shot call. After foreseeing Mark Carney’s 180-degree flip on all things climate change, we postulated that perhaps Great Britain, Canada’s historical mothership, might also be ready to discard the geopolitical deadweight of…
Open post at Doomberg → - Sector Deep Dive: North American MidstreamDoomberg🔒︎Paid
Sector Deep Dive: North American Midstream
Pro Tier: September 2026 Doom Zoom
Sat Sep 26, 6:20 AM ET#3 finance paid leaderboard
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Hello, Doomberg Pro members! Within the oil and gas industry thrives a powerful segment of participants whose investments in vital infrastructure enable ever-burgeoning development in the geographies they touch. They connect producers to users with a broad range of necessary specializations. The security of their future is tied to volumes moved in relati… Read more
Open post at Doomberg → - Escalation ClausesDoomberg🔒︎Paid
Escalation Clauses
Heads nobody wins, tails Europe loses.
Tue Sep 22, 5:02 AM ET#3 finance paid leaderboard
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“I think gas prices are a conspiracy.” – Tom Braidwood On Sunday, a world chronically short of diesel woke up to the happy news that Ukraine—undoubtedly with the full support of those who currently occupy positions of power across Europe and Great Britain, and perhaps even the US—had caused significant damage at the Gazpromneft Moscow Refinery, a facility capable of handling 245,000 barrels per…
Open post at Doomberg → - Coming to AmericaDoomberg🔒︎Paid
Coming to America
Lateral musings ahead of Xi Jinping’s official state visit.
Fri Sep 18, 5:02 AM ET#3 finance paid leaderboard
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“War should never be entered upon until every agency of peace has failed.” – William McKinley There’s no sugarcoating the ominous turn of events that occurred in the Middle East over the past two weeks. The rapid advance of the Houthis across the Red Sea coast, the serious damage sustained by the newly all-important East-West Pipeline in Saudi Arabia, and continuing signs of an imminent global…
Open post at Doomberg → - Value TrapDoomberg🔒︎Paid
Value Trap
The downside of practically free natural gas.
Wed Sep 16, 5:00 AM ET#3 finance paid leaderboard
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“Thankfully, there’s no rehab for success.” – Lil Wayne In early July of 2025, the government of Angola made a fateful decision to raise diesel prices nationwide by one-third, part of a years-long campaign to phase out costly fuel subsidies. A three-day strike by minibus and taxi drivers spiraled into nationwide bouts of violent unrest.
Open post at Doomberg → - Apricity or BustDoomberg🔒︎Paid
Apricity or Bust
The most inexcusable energy crisis ever.
Sat Sep 12, 5:00 AM ET#3 finance paid leaderboard
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“If the world seems cold to you, kindle fires to warm it.” – Lucy Larcom Watching the parade of negative-charisma European elites cascade toward their inevitable political demise would be entertaining, were it not certain that their equally incompetent replacements would spawn into place from a seemingly endless line of empty suits, like so many Pez popping out of identical plastic dispensers.
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#4The Running Of The Bulltards
🔒︎PaidSUBSTACK#4 finance paid leaderboard · 1 of 6 recent posts free9
- Discover Is LiveThe Running Of The Bulltards✓Free
Discover Is Live
by James BulltardFri Oct 9, 4:25 AM ET8 min read#4 finance paid leaderboard
Discover answers the question every trader asks before taking a trade: how have trades like this one actually done? It allows subscribers to search a record of more than 100,000 large institutional options trades, each followed from the day it hit the tape to the day it expired. The tool can be found by clicking the Discover tab on the database menu.
Open post at The Running Of The Bulltards → - 10/8/26 RecapThe Running Of The Bulltards🔒︎Paid
10/8/26 Recap
by James BulltardThu Oct 8, 11:19 AM ET#4 finance paid leaderboard
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The SPY gapped down overnight as oil rose on the rumors from Axios that Trump was preparing to restart the war in Iran. I think it is too early to get much from that just looking at the charts. We’re over all the key moving averages and have not even violated the 8 day yet.
Open post at The Running Of The Bulltards → - 10/7/26 RecapThe Running Of The Bulltards🔒︎Paid
10/7/26 Recap
by James BulltardWed Oct 7, 11:07 AM ET#4 finance paid leaderboard
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The SPY broke out yesterday but instantly gapped back down today which could be construed as a false breakout but it may very well have just been a gap fill before continuation. It’s hard to really say much with such little time today before I send the recap, we very well could close back at the highs.
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- 10/6/26 RecapThe Running Of The Bulltards🔒︎Paid
10/6/26 Recap
by James BulltardTue Oct 6, 10:50 AM ET#4 finance paid leaderboard
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The SPY just broke out to new highs clearing the 780 level for the first time today. We were in a really tight flag for months and while we had a few scary moments along the way, look back at the chart below, we never broke the 100 day, just one test of it. We had just 3 closes below the 50 day, yellow line, and that is where charts never lie to you.
Open post at The Running Of The Bulltards → - 10/5/26 RecapThe Running Of The Bulltards🔒︎Paid
10/5/26 Recap
by James BulltardMon Oct 5, 11:12 AM ET#4 finance paid leaderboard
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The SPY remains in this incredibly tight flag over all the key moving averages. This needs to break this multi month trend of lower highs and push over 775 for us to really get some traction, we’re very close, just .5% away. We have earnings season kicking off in a week and the buildup is strong into it.
Open post at The Running Of The Bulltards → - 10/2/26 RecapThe Running Of The Bulltards🔒︎Paid
10/2/26 Recap
by James BulltardFri Oct 2, 11:10 AM ET#4 finance paid leaderboard
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The SPY gapped up nicely after the awful jobs number, we’re back in the bad news is good news era because it cause a tiny selloff in rates. What matters more is you can see this is still a series of lower highs going back to early August. We really need to get over 775 and close there for bulls to be in a good spot. If we turn lower from here, this was all just a meaningless bounce higher.
Open post at The Running Of The Bulltards → - 10/1/26 RecapThe Running Of The Bulltards🔒︎Paid
10/1/26 Recap
by James BulltardThu Oct 1, 10:56 AM ET#4 finance paid leaderboard
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The SPY gapped up into the underside of the 21 ema and rejected it turning lower and now below the 50 day again. This is not good at all. Rates continue to rise and pressure everything. Tomorrow morning we have a big jobs report that will decide our next big move, but you have a right to be cautious here because any close below the 50 day is worrisome and it appears we may have one today.
Open post at The Running Of The Bulltards → - 9/30/26 RecapThe Running Of The Bulltards🔒︎Paid
9/30/26 Recap
by James BulltardWed Sep 30, 11:19 AM ET#4 finance paid leaderboard
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The SPY turned back up after a strong GDP print this morning into quarter end. We reclaimed the 21 ema today after a close below there yesterday. This market continues to be a constant narrative change on a daily basis and until we get out of this range, either over 779.37 or below 750, this is just going to be alot of choppiness.
Open post at The Running Of The Bulltards → - 9/29/26 RecapThe Running Of The Bulltards🔒︎Paid
9/29/26 Recap
by James BulltardTue Sep 29, 11:21 AM ET#4 finance paid leaderboard
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The SPY is breaking below the 21 ema here. You could say we’re in a small bull flag here the last 7 sessions within a larger bull flag as we are still over the 50 day but this market simply cannot go up until rates cool off. This move in rates is an all timer and it is certainly pressuring President Trump on what happens with Iran.
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#5TMT Breakout
🔒︎PaidSUBSTACK#5 finance paid leaderboard · 0 of 6 recent posts free9
- TMTB Podcast Intel: Qualcomm’s (QCOM) CEO on AI Phones, SemiAnalysis on the AI Buildout, FCC Chair on SpaceX (SPCX), Pat Gelsinger on Bottlenecks, Datadog’s (DDOG) Li on Observing AI AgentsTMT Breakout🔒︎Paid
TMTB Podcast Intel: Qualcomm’s (QCOM) CEO on AI Phones, SemiAnalysis on the AI Buildout, FCC Chair on SpaceX (SPCX), Pat Gelsinger on Bottlenecks, Datadog’s (DDOG) Li on Observing AI Agents
TMTB Podcast Intel is produced by Ethmos, research agents that listen to every episode in TMTB’s coverage universe and write the briefs below.
by EthmosFri Oct 9, 4:17 PM ET#5 finance paid leaderboard
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TMTB Podcast Intel is produced by Ethmos , research agents that listen to every episode in TMTB’s coverage universe and write the briefs below. Try Ethmos — 14 days free, then 25% off your first month for TMTB readers. Today’s Essential Episodes: Qualcomm CEO Cristiano Amon on the Coming AI Phone Supercycle, Smart Glasses as the Biggest AI Wearable and the Modular Bet Against CUDA Sources with…
Open post at TMT Breakout → - TMTB Morning WrapTMT Breakout🔒︎Paid
TMTB Morning Wrap
Fri Oct 9, 8:34 AM ET#5 finance paid leaderboard
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Good morning. QQQs +75bps bouncing back with semis +2% leading the way higher as investors woke up with cooler this morning after OpenAI saying they expect revs to reach $70B by end of year 2026. Yields +1-2bps across the curve , Crude -1% , and BTC +2% In Tech, SPCX +4% after co announced it acquired low band spectrum, opening up the doorway for it to become a major mobile carrier in the US.
Open post at TMT Breakout → - TMTB EOD Wrap: The Great Gross-to-Net Panic of 2026TMT Breakout🔒︎Paid
TMTB EOD Wrap: The Great Gross-to-Net Panic of 2026
Thu Oct 8, 5:40 PM ET#5 finance paid leaderboard
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Good afternoon. QQQs -1.3% and Semis -3.4% were already soft on oil and yields when the FT’s 12:45pm headline that OpenAI’s annualized revenue is ~$20B below what had been signaled took SOX from about -1.7% to -3.4% in fifteen minutes; and it never really recovered (-4.6% at the lows). Turns out the biggest risk to the AI trade isn’t power, open source, financing or the Dems winning in November.
Open post at TMT Breakout →
- TMTB Podcast Intel: AWS (AMZN) CEO Matt Garman on Rationing GPUs, Bernstein’s Rasgon, Skydance’s (SKYD) Ellison and Kreiz on Synergies and Delevering, OpenAI’s Sottiaux, Cloudflare (NET) CEO on AgentsTMT Breakout🔒︎Paid
TMTB Podcast Intel: AWS (AMZN) CEO Matt Garman on Rationing GPUs, Bernstein’s Rasgon, Skydance’s (SKYD) Ellison and Kreiz on Synergies and Delevering, OpenAI’s Sottiaux, Cloudflare (NET) CEO on Agents
TMTB Podcast Intel is produced by Ethmos, research agents that listen to every episode in TMTB’s coverage universe and write the briefs below.
by EthmosThu Oct 8, 4:14 PM ET#5 finance paid leaderboard
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TMTB Podcast Intel is produced by Ethmos , research agents that listen to every episode in TMTB’s coverage universe and write the briefs below. Try Ethmos — 14 days free, then 25% off your first month for TMTB readers. Today’s Essential Episodes: AWS CEO Matt Garman on Rationing Scarce GPUs for Startups, Trainium as an Inference Chip and Amazon’s $220B Capex The a16z Show, with a16z’s Raghu…
Open post at TMT Breakout → - TMTB Morning WrapTMT Breakout🔒︎Paid
TMTB Morning Wrap
Thu Oct 8, 8:28 AM ET#5 finance paid leaderboard
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Good morning. QQQs -60bps lower as yields +4bps across the curve and Oil +5% following several Trump is considering air strikes headlines and an uptick in Hormuz commercial ship attacks.: “Military ordered to be ready for possible Iran strikes as Trump weighs timing” ( Axios ), “U.S.
Open post at TMT Breakout → - TMTB EOD WrapTMT Breakout🔒︎Paid
TMTB EOD Wrap
Wed Oct 7, 5:22 PM ET#5 finance paid leaderboard
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Good afternoon. QQQs -25bps , well off the -1% morning lows, but underneath was uglier than the index with a lot more red than green on my screen. Semis -1.1% and software -1.2% underperformed while internet +70bps was green. Overall didn’t hear any panic or shifting narratives from investors today — seemed more like a digestion/rotation day.
Open post at TMT Breakout → - TMTB Podcast Intel: SemiAnalysis’s Patel and Nanos on AI’s Payback Math, Marvell’s (MRVL) Murphy on Custom Silicon and Optics, Figma’s (FIG) Field on the Design Agent, The Circuit on the Memory CycleTMT Breakout🔒︎Paid
TMTB Podcast Intel: SemiAnalysis’s Patel and Nanos on AI’s Payback Math, Marvell’s (MRVL) Murphy on Custom Silicon and Optics, Figma’s (FIG) Field on the Design Agent, The Circuit on the Memory Cycle
TMTB Podcast Intel is produced by Ethmos, research agents that listen to every episode in TMTB’s coverage universe and write the briefs below.
by EthmosWed Oct 7, 4:33 PM ET#5 finance paid leaderboard
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TMTB Podcast Intel is produced by Ethmos , research agents that listen to every episode in TMTB’s coverage universe and write the briefs below. Today’s Essential Episodes: SemiAnalysis’s Dylan Patel and Jordan Nanos on Whether AI Spending Can Keep Growing Exponentially, NVIDIA as Financier and the Anthropic IPO Big Technology Podcast, with Alex Kantrowitz, Dylan Patel (founder and CEO of…
Open post at TMT Breakout → - TMTB Morning WrapTMT Breakout🔒︎Paid
TMTB Morning Wrap
Wed Oct 7, 8:02 AM ET#5 finance paid leaderboard
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Good morning. QQQs -75bps / SPY -40bp s as higher yields weighing this morning: 10year +6.5bps to 5.35% and 30year +6bps to 5.7% as European yields also up after sliding yesterday. Oil +1% on reports Iran has been increasing attacks in Hormuz In Tech, Semis -2% leading the way lower with many names down 2-4% across the board. Software/Internet -30bps hanging in better.
Open post at TMT Breakout → - TMTB Podcast Intel: Ex-Anthropic Researcher Jacob Coxon, Google’s (GOOG) Vahdat on TPUs, Hugging Face’s Wolf on the NVIDIA (NVDA) Deal, CrowdStrike (CRWD) CEO on Agents, Nokia (NOK) CEO, and MoreTMT Breakout🔒︎Paid
TMTB Podcast Intel: Ex-Anthropic Researcher Jacob Coxon, Google’s (GOOG) Vahdat on TPUs, Hugging Face’s Wolf on the NVIDIA (NVDA) Deal, CrowdStrike (CRWD) CEO on Agents, Nokia (NOK) CEO, and More
by EthmosTue Oct 6, 4:52 PM ET#5 finance paid leaderboard
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TMTB Podcast Intel is produced by Ethmos research agents. Following GOOG, CRWD, NVDA, or NOK? Ethmos can file a brief for you every time their executives speak on a podcast. Try it free for 14 days. Today’s Essential Episodes: Former OpenAI and Anthropic Researcher Jacob Coxon on Why He Quit, 2027 as a Turning Point and Why He Suspects Spies Inside US AI Labs PBD Podcast, with Patrick Bet-David…
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#7Compounding Quality
🔒︎PaidSUBSTACK#7 finance paid leaderboard · 0 of 6 recent posts free9
- Adding to Our PortfolioCompounding Quality🔒︎Paid
Adding to Our Portfolio
Buying 2 more companies
Sun Oct 11, 8:33 AM ET#7 finance paid leaderboard
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Hi Partner 👋 Today it’s time to add to Our Portfolio again. We will add to 2 companies: Company 1: Undervalued by 15% according to management Company 2: Our Mini Berkshire Hathaway A crazy statistic The craziest statistic you’ll see today? This one: You could take away 99% of the returns of Warren Buffett… And he would still have outperformed the market.
Open post at Compounding Quality → - Portfolio Update: October 2026Compounding Quality🔒︎Paid
Portfolio Update: October 2026
Big opportunities?
Thu Oct 8, 8:34 AM ET#7 finance paid leaderboard
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Hi Partner 👋 I hope you are doing well. Today it’s time to dive into Our Portfolio . What’s happening? Let’s find out right away. What’s going on? We’re in a very weird market today. The market is fully driven by sentiment right now. The only thing the market seems to care about is Artificial Intelligence. By the way, my friend Kris recently wrote a very interesting piece about AI.
Open post at Compounding Quality → - 6 Serial Acquirers for the Serial Acquirer PortfolioCompounding Quality🔒︎Paid
6 Serial Acquirers for the Serial Acquirer Portfolio
Part II
Tue Oct 6, 7:44 AM ET#7 finance paid leaderboard
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Hi Partner 👋 It’s time to wrap up serial acquirer week. Today, it’s time for the most fun part: building a serial acquirer portfolio . We already gave you 6 names. Today it’s time to give you the final 6 names. Let’s dive in right away. Reminders In general, there are 4 buckets for Serial Acquirers: VMS Serial Acquirers Swedish Serial Acquirers Industrial Serial Acquirers Special Serial Acquirers…
Open post at Compounding Quality →
- Building a Serial Acquirer PortfolioCompounding Quality🔒︎Paid
Building a Serial Acquirer Portfolio
Part I
Sun Oct 4, 7:44 AM ET#7 finance paid leaderboard
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Hi Partner 👋 It’s time to wrap up serial acquirer week. Today, it’s time for the most fun part: building a serial acquirer portfolio . We found 12 very exciting names. On average, these names compounded shareholder returns at +34% per year! Let’s dive in right away. Before we start Before we start, it helps to structure the portfolio in 4 buckets. Each bucket consists of 3 serial acquirers.
Open post at Compounding Quality → - The 5-Minute Serial Acquirer TestCompounding Quality🔒︎Paid
The 5-Minute Serial Acquirer Test
How to Find the Best Serial Acquirers in 5 Minutes
Thu Oct 1, 7:44 AM ET#7 finance paid leaderboard
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Hi Partner 👋 Earlier this week , we looked at what serial acquirers are and why they are interesting. Today, it’s time for the second article. You will learn how to identify the best serial acquirers yourself in less than 5 minutes. Ready. Set. Go! Invert, always invert There are probably over 300 public companies that you could label as serial acquirers.
Open post at Compounding Quality → - It’s Serial Acquirer WeekCompounding Quality🔒︎Paid
It’s Serial Acquirer Week
The Best of Both Worlds: High Returns, Low Risk
Tue Sep 29, 7:44 AM ET#7 finance paid leaderboard
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Hi Partner 👋 It’s a special week today. Why? It’s Serial Acquirer Week. In three articles, you’ll learn everything you need to know about serial acquirers. Here’s what to expect: Article 1 (today) : What are serial acquirers? And why are they interesting? Article 2 : A handy toolkit to find the best serial acquirers in the world Article 3 : A model portfolio co… Read more
Open post at Compounding Quality → - Selling one, buying twoCompounding Quality🔒︎Paid
Selling one, buying two
Increasing future returns
Sun Sep 27, 7:44 AM ET#7 finance paid leaderboard
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Dear Partner 👋 I hope you are doing well. Today it’s time for another position switch in Our Portfolio: We are selling one company We are using the proceeds to add to two positions Optimizing the Portfolio The goal of Our Portfolio? Having a portfolio we can be proud of. Your portfolio should reflect your personality. You should own companies that let you sleep well at night.
Open post at Compounding Quality → - Buying a new ETFCompounding Quality🔒︎Paid
Buying a new ETF
The New Value Investing
Thu Sep 24, 7:44 AM ET#7 finance paid leaderboard
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Stock prices always follow the evolution of the intrinsic value. We want to buy companies that are: High quality Very profitable Trading at an attractive valuation Let’s dive into Our ETF Portfolio today and add to our portfolio. Value Investing 101 Warren Buffett’s mentor? Ben Graham. Ben Graham is th e father of value investing. His investment philosophy was s… Read more
Open post at Compounding Quality → - Who is Chuck Akre?Compounding Quality🔒︎Paid
Who is Chuck Akre?
Three legged stool
Tue Sep 22, 7:45 AM ET#7 finance paid leaderboard
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Chuck Akre loves Compounding Machines. He returned 12.6% per year to shareholders since 2009. Let’s dive into the lessons and philosophy of this legendary investor. Who is Chuck Akre? Chuck Akre is a highly respected investor known for his disciplined approach and long-term mindset. People often refer to him as one of the best quality investors in the world . … Read more
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#8Reminiscences of a Shrub Operator
◐LimitedSUBSTACK#8 finance paid leaderboard · 2 of 6 recent posts free6
- Shrubtivism*Reminiscences of a Shrub Operator🔒︎Paid
Shrubtivism*
*The Parody version of Activism
by Le ShrubSat Oct 10, 12:36 PM ET#8 finance paid leaderboard
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Some companies would truly benefit from Activism , where a shareholder proposes steps to improve the finances, operations or governance of the target company. But can a company benefit from … Parody ? And what should that be called? “ Shrubtivism” seems appropriate! Anyway. There’s only one way to find out.
Open post at Reminiscences of a Shrub Operator → - The Hunchback of Notre ShrubReminiscences of a Shrub Operator🔒︎Paid
The Hunchback of Notre Shrub
Where we discuss France, Nike and Robots!
by Le ShrubSat Oct 3, 9:55 AM ET#8 finance paid leaderboard
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This week, French 10-Year Bond yields surged to 4.9%, the highest since 2002, with the spread over Bunds hitting 150bps, the highest since 2011… …as Investors worried about France’s growing debt pile of 120% Debt / GDP (twice that of Germany’s) and fiscal deficit of 5% (the second worst among major “developed” countries after the US)… …though the real Catalyst was fear around the upcoming…
Open post at Reminiscences of a Shrub Operator → - Election Special - Brazil EditionReminiscences of a Shrub Operator🔒︎Paid
Election Special - Brazil Edition
We are getting close to the elections in Brazil.
by Le ShrubWed Sep 30, 9:17 AM ET#8 finance paid leaderboard
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We are getting close to the elections in Brazil . Round 1 will take place on October 4th . Round 2 will take place on October 25th . We have been investing / trading the Brazil ETF (ticker: EWZ ) pretty well since 2024 and enjoyed the “real” rally <pun> when the ETF had a +50% run from its 2024 lows into its 2026 highs , while punting in Calls and giving “obrigado” along the way… EWZ But, now…
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- Uncomfortable TruthsReminiscences of a Shrub Operator✓Free
Uncomfortable Truths
by Le ShrubTue Sep 22, 7:06 AM ET2 min read#8 finance paid leaderboard
GM Shrubstack! Yesterday, AI stonks were on fire thanks to META’s latest AI Agent, Muse , which got everyone super-excited and eager to sacrifice their remaining privacy and share their credit card details with Mark Zuckerberg … …which proves that the AI Ecosystem is in shambles when Zuck appears more trustworthy than Scam Altman and Dario “Am-not-Opus-Dei” … …where even Jensen is calling out…
Open post at Reminiscences of a Shrub Operator → - Claudification Overdrive™️ - Part IIReminiscences of a Shrub Operator✓Free
Claudification Overdrive™️ - Part II
The pesky “AI vs Shale” comparison is back!
by Le ShrubTue Sep 15, 7:38 AM ET2 min read#8 finance paid leaderboard
Claudification ™️: “The Outsourcing of Investment Research and Decision-Making to AI” (source: Shrubstack) I’ve had enough. I’m a patient shrub, but I’ve had enough. One day it’s “WE’VE REACHED AGI!” … …the other day it’s “WE NEED TO SLOW DOWN OTHERWISE THE DIGITAL GOD WILL KILL US ALL”… h/t @contextconor …while the “AI Slowdown Committee”, featuring prominent figures like “Scam” Altman and Dario…
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The 60/40 Portfolio Re-Invented
Creating Asymmetry in Bonds
by Le ShrubSun Sep 13, 6:06 AM ET#8 finance paid leaderboard
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I hate Bonds. I mean I really really hate Bonds! To start with, Bonds offer the exact opposite return profile of what we seek here at Shrubstack: Limited Upside, with Significant Downside! Secondly, thanks to the reckless fiscal and monetary policies of our governments, Sovereign Bonds have mostly offered returns below inflation, and rightly became known as “Certificates of Confiscation”.
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#13Brinker Advisor
◐LimitedSUBSTACK#13 finance paid leaderboard · 2 of 6 recent posts free1
- Model Portfolios | October UpdateBrinker Advisor🔒︎Paid
Model Portfolios | October Update
S&P 500 7,651.54 | 10-Year UST Yield 5.29% | September 30, 2026
by Bob BrinkerThu Oct 1, 11:46 AM ET#13 finance paid leaderboard
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“If something cannot go on forever, it will stop.” - Herbert Stein COMMENTARY The S&P 500 index closed at 7,651.54 on September 30, 2026, down 1.9% from its record close of 7,798.99 on August 13. Elevated oil prices, along with the FOMC’s decision to raise the federal funds rate, led to a brief 2.5% pullback in mid-September, from which the market rebounded over the following two weeks.
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#14Bonner Private Research
◐LimitedSUBSTACK#14 finance paid leaderboard · 4 of 6 recent posts free9
- Borrow Now, Pay LaterBonner Private Research🔒︎Paid
Borrow Now, Pay Later
by Dan DenningFri Oct 9, 7:22 PM ET#14 finance paid leaderboard
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Please note, we’re aware some Gmail users are not receiving the weekly market and research notes from Tom Dyson and Dan Denning. Substack is aware of the issue and working with Google to resolve it. It in the meantime, we’ll also send the weekly updates to our back-up email list to ensure you receive them.
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Funny Business
Friday, October 9th, 2026
by Bill BonnerFri Oct 9, 10:38 AM ET5 min read#14 finance paid leaderboard
Bees in the hive. Source: Getty Images Friday, October 9th, 2026 Bill Bonner, from Ardmore, Ireland Expecting voters to exonerate the party in power through a considered examination of the origins of the credit cycle is an overly optimistic view of human nature. —Daniel Oliver Last night, after supper, we saw a dim glow against the garden wall, about as bright as a dozen fireflies.
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More Red Dye
by Bill BonnerThu Oct 8, 9:21 AM ET3 min read#14 finance paid leaderboard
Thursday, October 8th, 2026 Bill Bonner, from Ardmore, Ireland ‘ It’s all a circus .’ —Tom Kloza, chief energy advisor, Gulf Oil Diesel fuel costs about $9 a gallon, here in Ireland. In the US, it’s only $6.30. But in the news is a whole new category of public policy — solutions that don’t work to problems you shouldn’t have. Call it the ‘Red Dye’ cure. Diesel fuel is the blood of commerce.
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- The Debt Crisis is now BeginningBonner Private Research🔒︎Paid
The Debt Crisis is now Beginning
by Tom DysonWed Oct 7, 6:22 PM ET#14 finance paid leaderboard
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Please note, we’re aware some Gmail users are not receiving the weekly market and research notes from Tom Dyson and Dan Denning. Substack is aware of the issue and working with Google to resolve it. It in the meantime, we’ll also send the weekly updates to our back-up email list to ensure you receive them.
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Springtime for Flimflam
Wednesday, October 7th, 2026
by Bill BonnerWed Oct 7, 9:01 AM ET4 min read#14 finance paid leaderboard
St George slays the dragon. Source: Getty Images Wednesday, October 7th, 2026 Bill Bonner, from Ardmore, Ireland I used to have this girlfriend known as Elsie With whom I shared four sordid rooms in Chelsea She wasn’t what you’d call a blushing flower As a matter of fact, she rented by the hour The day she died the neighbors came to snicker: “Well, that’s what comes from too much pills and…
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An End to US Debt
by Bill BonnerTue Oct 6, 8:30 AM ET4 min read#14 finance paid leaderboard
Tuesday, October 6th, 2026 Bill Bonner, from Ardmore, Ireland Want to know where the US is headed? Want a peek at the future? Here it is: more inflation. More than you expect. We depend on rising interest rates and the ‘ bond vigilantes ’ to ride herd on inflation. Instead, they will drive up the real costs of moderate inflation…leaving hyperinflation as the likely outcome.
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Swindling the Swindler
Monday, October 5th, 2026
by Bill BonnerMon Oct 5, 9:28 AM ET4 min read#14 finance paid leaderboard
US government debt held by the public as a percentage of GDP. Source: Congressional Budget Office Monday, October 5th, 2026 Bill Bonner, from Ardmore, Ireland Will wonders never cease! Inflation is being rehabilitated. It used to be a bad thing. A proper villain. A swindler. Now...it is the nation’s savior.
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BPR Week in Review: The ‘demon germ’ and stock market euphoria
by Bill BonnerSun Oct 4, 10:44 AM ET2 min read#14 finance paid leaderboard
Sunday, October 4th, 2026 Laramie, Wyoming Late in the history of the Soviet Empire, in a clandestine effort to destroy the entire civilian populations of the United States and its allies in Europe, it’s alleged scientists engineered a novel plague virus. Once deployed, the virus would wipe out everyone but leave the infrastructure of civilization intact.
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The Davidson Earth Disaster Cycle
by Dan DenningFri Oct 2, 6:53 PM ET#14 finance paid leaderboard
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Friday, October 2nd, 2026 Laramie, Wyoming By Dan Denning Greetings from the High Plains! The biggest and baddest financial disasters don’t fall from the sky. It’s not a geomagnetic excursion or crustal displacement or a coronal mass ejection that kills a bull market.
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#15Capital Flows
🔒︎PaidSUBSTACK#15 finance paid leaderboard · 0 of 6 recent posts free7
- The Volatility No One Escapes - Sovereign Debt CrisisCapital Flows🔒︎Paid
The Volatility No One Escapes - Sovereign Debt Crisis
Devaluation is not bullish
Sun Oct 11, 9:12 AM ET#15 finance paid leaderboard
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After the US took the dollar off the gold standard, we entered a regime where free-floating currencies were the release valve for economic warfare and financial imbalances. A free-floating currency regime means that the market decides the price of a currency instead of a government unilaterally controlling it, as the US did under the gold standard.
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Macro Trades: Rates, Energy, and AI Capex Rotations
The strategy for macro flows and dispersion
Fri Oct 9, 2:19 PM ET#15 finance paid leaderboard
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You need to get the big things right Most people are focused on being right in all of the ways that don’t matter Growth, Inflation, Liquidity: MAIN IDEA: We are in a period where growth is running significantly above trend at the same time as an energy shock.
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What No One Sees Right Now
Pattern Recognition Is a Negative Attribute
Tue Sep 29, 4:43 AM ET#15 finance paid leaderboard
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“A lot of people in our industry talk about pattern recognition as a positive attribute. We actually talk about pattern recognition as a negative attribute. It actually prevents you from seeing the world differently. It prevents you from seeing what the world can be.” “Rules are things that we learn as adults.
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- Interest Rate Strategy: How High Can They Really Go?Capital Flows🔒︎Paid
Interest Rate Strategy: How High Can They Really Go?
The underlying drivers of interest rates and HOW MUCH equities are at risk
Thu Sep 24, 9:47 AM ET#15 finance paid leaderboard
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The rally in interest rates over the last 3 months has had multiple drivers that are fundamentally misunderstood by market participants. WHEN we do have a drawdown in global equity markets, it will be signaled and confirmed by the underlying drivers in interest rates.
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The KOSPI Is Where Policy Meets The AI Trade
South Korea is the cleanest example of how regulatory change and capital flows drive price action, and why the KOSPI matters for US tech
Tue Sep 22, 5:15 PM ET#15 finance paid leaderboard
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Global power forces have always had a dominant role in financial markets since the beginning of time. These create significant macro dislocations that global macro traders take advantage of, since they are directly linked to rates, FX, and global trade expressed in the balance of payments.
Open post at Capital Flows → - Credit-Fueled Growth Is Moving the Cycle ForwardCapital Flows🔒︎Paid
Credit-Fueled Growth Is Moving the Cycle Forward
Balance sheet expansion is extending the expansion and repricing the policy path
Sun Sep 20, 3:32 PM ET#15 finance paid leaderboard
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The recent pullback in the S&P 500 has primarily been driven by the yield curve bear flattening, which means the short end has repriced significantly more than the long end has priced in additional nominal GDP. In simple terms, this is the Fed playing catch-up after its previous inaction during the inflationary shock and the rise in growth expectations.
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From One Policy Error To The Next
Global margin call and constraints
Thu Sep 17, 3:16 PM ET#15 finance paid leaderboard
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Macro Risk and Policy Error Risk can never be destroyed, only transferred. This is a fundamental presupposition for HOW capital flows through the system and WHY it moves. The challenge begins once you realize that risk is expressed in both nominal and real purchasing power terms across global markets, not in siloed systems. What is the tangible implication of this?
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#16Lord Fed's Gazette
🔒︎PaidSUBSTACK#16 finance paid leaderboard · 1 of 6 recent posts free4
- Positioning Looks Like a Crash is ComingLord Fed's Gazette🔒︎Paid
Positioning Looks Like a Crash is Coming
Between the Lines - Vol. 21
by Lord FedMon Oct 5, 10:08 AM ET#16 finance paid leaderboard
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Another boring yet lucrative week to trade. I think this market is going to do the unthinkable through the midterms and into year-end, and I’m going to put some size behind that view. Paid readers got the first trade on Friday, but there’s more to come in this post. Read more
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This Is Where It Gets Uncomfortable
Between the Lines - Vol. 20
by Lord FedTue Sep 29, 7:10 AM ET#16 finance paid leaderboard
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Good morning, It’s been an eventful couple of weeks. The QQQ 720c deserves a mention, although META, SNPS and DAL have all performed well, as have many other names I hold. I added to the QQQ calls at 4.4, taking total premium spent to 40bps of NAV, and have since sold half at 15. The remaining half last traded at 17.24.
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The Hike We Need
Mid-Week Thoughts
by Lord FedThu Sep 17, 8:46 AM ET#16 finance paid leaderboard
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Although we had a mini puke at first, we closed the day with NDX flat and SPX down 45 bps. I will put myself out there and say that yesterday’s Fed hike was the clearing event we needed. Read more
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- The Risk of Things Getting BetterLord Fed's Gazette✓Free
The Risk of Things Getting Better
Between the Lines - Vol. 19
by Lord FedMon Sep 14, 7:07 PM ET9 min read#16 finance paid leaderboard
Last time I wrote I put on some QQQ downside and this week I took off half and subsequently bought some QQQ calls as NQ approached 29k. NQ has managed to hold that 29k area well since May, there have been a few moves below it but each time has been met with a sharp rally back above it.
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#17HFI Research
🔒︎PaidSUBSTACK#17 finance paid leaderboard · 0 of 6 recent posts free9
- Too Much GasHFI Research🔒︎Paid
Too Much Gas
2027 natural gas balance looks weak, but I believe it is only a temporary glut.
Fri Oct 9, 3:52 PM ET#17 finance paid leaderboard
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I’ll be blunt: Lower 48 natural gas production is too high going into 2027. No, I’m not talking about today’s Lower 48 production because of outages, but the peak production rate of ~113 Bcf/d is something the market will not be able to handle in 2027. The issue for natural gas producers this year isn’t that the producers themselves are producing more. No.
Open post at HFI Research → - Memo - AI FatigueHFI Research🔒︎Paid
Memo - AI Fatigue
Thu Oct 8, 2:02 PM ET#17 finance paid leaderboard
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By: Wilson I have been using AI religiously since early 2025. The innovation is amazing. It makes your life a lot easier; you learn faster, and, hell, it lets you do things you never thought possible (for example, I have zero coding experience). But over the past few months, I saw a dramatic drop in AI usage.
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It's Here
The inevitable escalation is here and what happens to the oil market when the shuttle trade falters.
Wed Oct 7, 11:11 PM ET#17 finance paid leaderboard
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Source: MerruX Stationary tankers have not been attacked since the start of the Iran war. Why? This is a dramatic step up the escalation ladder. Following the heightened attacks on tankers transiting the Oman Lane in the past few days, Iran has now attacked two stationary tankers: one near Qatar and one near the Fujairah ship-to-ship hub.
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- Peak HormuzHFI Research🔒︎Paid
Peak Hormuz
Ship-to-ship transfer is maxed out. The oil shuttle flow volume is going lower.
Tue Oct 6, 11:01 PM ET#17 finance paid leaderboard
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On Sept 28, I wrote an article titled, “ The Oman Lane Flow Is Giving The Oil Market A False Sense Of Stability .” Market participants began pointing out that Oman Lane flow was reaching “pre-war” levels. Instead of asking why oil prices remained so elevated or why the physical market remained in distress, most market participants attributed elevated oil prices to persistent tanker-attack risks.
Open post at HFI Research → - (WCTW) Releasing SPR Now Is Like Throwing Water Bottles At A Burning HouseHFI Research🔒︎Paid
(WCTW) Releasing SPR Now Is Like Throwing Water Bottles At A Burning House
Mon Oct 5, 9:04 PM ET#17 finance paid leaderboard
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The US announced last Tuesday that it would release the final ~40 million bbl tranche of the SPR (172 million bbls total). And on Friday, following threats of a diesel export ban from the US, France’s Macron stated that it is considering ~50 million bbls of diesel from the SPR and asking IEA members to release another ~50 million bbls of crude. Politicians will always be politicians.
Open post at HFI Research → - China Cancels Product Exports And What It Means For The Global Oil MarketHFI Research🔒︎Paid
China Cancels Product Exports And What It Means For The Global Oil Market
Thu Oct 1, 2:25 AM ET#17 finance paid leaderboard
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It’s déjà vu again. China announced today that it is canceling all petroleum product exports outside Hong Kong and Macau, effective immediately. No duration for the export ban was announced. If you went through the trauma of March to July, you may remember that China’s lack of crude buying and the start of the oil shuttle trade marked the beginning of the big drop in crude.
Open post at HFI Research → - Here's My Game Plan For The Oil Trade (Sept 30)HFI Research🔒︎Paid
Here's My Game Plan For The Oil Trade (Sept 30)
Tue Sep 29, 9:48 PM ET#17 finance paid leaderboard
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Please see the chronological order of the oil trade game plan write-ups: Here’s My Game Plan For The Oil Trade (August 25) Here’s My Game Plan For The Oil Trade (Sept 1) Here’s My Game Plan For The Oil Trade (Sept 8) Here’s My Game Plan For The Oil Trade (Sept 23) The final TACO is complete.
Open post at HFI Research → - The Oman Lane Flow Is Giving The Oil Market A False Sense Of StabilityHFI Research🔒︎Paid
The Oman Lane Flow Is Giving The Oil Market A False Sense Of Stability
Mon Sep 28, 4:06 AM ET#17 finance paid leaderboard
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The all-or-nothing aspect of this Iran war is fascinating to both trade and observe. Since the start of the war, there was a group of market participants that expected the war to end within days or weeks. Seven months on, that group disappeared, rightfully so. Not only were they wrong beyond belief, but they falsely assumed that Trump could unilaterally exit the war.
Open post at HFI Research → - (Public) Mach Natural Resources - A Buying OpportunityHFI Research✓Free
(Public) Mach Natural Resources - A Buying Opportunity
Fri Sep 25, 8:34 AM ET6 min read#17 finance paid leaderboard
By: Jon Costello Mach Natural Resources’ ( MNR ) units have been under pressure since early August for two very different reasons. The first was fundamental, with the second quarter coming in weaker than I expected and Mach cut its quarterly distribution to $0.36 from $0.64. The second was technical. On September 15, Kayne Anderson began marketing 8 million units at a discount to the prior close.
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#19PETITION
◐LimitedSUBSTACK#19 finance paid leaderboard · 3 of 6 recent posts free9
- 🔥A/R A-Rising🔥PETITION🔒︎Paid
🔥A/R A-Rising🔥
LIV Golf Incorporated is f*cked, Teads Holding Co. ($TEAD) does an A/R + more.
by PETITION LLCSun Oct 11, 11:15 AM ET#19 finance paid leaderboard
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Photo by Anne Nygård on Unsplash With a dearth of macroeconomic news this past week — market pricing for a Fed hike in October now stands at just a 17.2% — we can turn to some more restructuring-oriented headlines. Mega chapter 11 bankruptcy cases may be in short supply but filings are, in fact, happening.
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💥Salad, Anyone?💥
True Food Kitchen + Salad and Go are part of a rise in restaurant-related bankruptcies.
by PETITION LLCWed Oct 7, 8:03 AM ET13 min read#19 finance paid leaderboard
Photo by Tania Melnyczuk on Unsplash The themophiles among you likely noticed that restaurants are where it’s at lately for chapter 11 bankruptcy activity. We recently wrote about Meritage Hospitality Group Inc ’s chapter 11 bankruptcy filing here … … and Yardbird Group LLC ’s here: Today we hop in Johnny’s Delorean and finally catch up to And Go Concepts, LLC (Salad and Go) , which filed back in…
Open post at PETITION → - New Chapter 11 Bankruptcy Filing - FRC Balance LLC (a/k/a True Food Kitchen)PETITION✓Free
New Chapter 11 Bankruptcy Filing - FRC Balance LLC (a/k/a True Food Kitchen)
Oprah’s fave health-conscious food chain descends into bankruptcy.
by PETITION LLCWed Oct 7, 7:59 AM ET6 min read#19 finance paid leaderboard
On October 4, 2026, Arizona-based FRC Balance LLC — which does business as True Food Kitchen (“TFC” or the “company”) — and eight affiliates (collectively, the “debtors”) filed chapter 11 bankruptcy cases in the Southern District of Texas ( Judge Lopez ). TFC is a health-driven, conscious-casual restaurant chain co-founded by Dr.
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- 💥New Chapter 11 Bankruptcy Filing - And Go Concepts, LLC (Salad and Go)💥PETITION✓Free
💥New Chapter 11 Bankruptcy Filing - And Go Concepts, LLC (Salad and Go)💥
QSR Salad Co. gets tossed into chapter 11 to sell leases and liquidate
by CEfNVWed Oct 7, 7:58 AM ET7 min read#19 finance paid leaderboard
On August 4, 2026, Tempe, AZ-based And Go Concepts, LLC and four affiliates (collectively, the “debtors” and together with their non-debtor affiliates, the “company”) filed chapter 11 bankruptcy cases in the Southern District of Texas ( Judge Perez ).
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💥Leslies Term Lenders Toss a Life Preserver💥
Leslie’s Inc., Sangamo Therapeutics Inc. ($SGMO) & LIV Golf Incorporated + More
by PETITION LLCSun Oct 4, 11:16 AM ET#19 finance paid leaderboard
Free teaser from the feed: the full post is for paid subscribers.
Photo by Jon Cellier on Unsplash Everyone’s an interest rate nerd these days and the nerds got quite a bit of data to parse this past week. One, there was the September nonfarm payrolls report. It came in WAY weaker than consensus expectations, adding just 29k jobs versus 90k projected (and August got revised down by 29k jobs from +162k to +133k).
Open post at PETITION → - 🤿New Chapter 11 Bankruptcy Filing - Leslie’s Inc.🤿PETITION🔒︎Paid
🤿New Chapter 11 Bankruptcy Filing - Leslie’s Inc.🤿
Pool retailer finally flops into bankruptcy to hand keys over to term lenders.
by PETITION LLCSun Oct 4, 11:14 AM ET#19 finance paid leaderboard
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Photo by Fakhri Labib on Unsplash . That 👆limp lifeless hand must from one of the company’s shareholders. “ This reflects an extraordinary outcome for a brick-and-mortar retailer. We've seen a number of these cases where retailers have emerged from Chapter 11 with too much footprint, too much leverage. We do not intend for that to be the case here. ” — Jack Luze of Simpson Thacher & Bartlett LLP.
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💥Yield!💥
Beyond Meat Inc. ($BYND)+ S.M.F. Group Inc.
by PETITION LLCWed Sep 30, 8:04 AM ET10 min read#19 finance paid leaderboard
Photo by Luismi Sánchez on Unsplash Y’all are reaching. Johnny was out and about in the RX scene this week and heard some jagoff cite an inverted yield curve as a sign that RX activity might pick up in earnest soon. Economics geeks like Johnny know that, traditionally anyway, an inverted yield curve could be counted on as a leading indicator of recession — typically somewhere within 15 months…
Open post at PETITION → - 💥New Chapter 11 Bankruptcy Filing - S.M.F. Group Inc.💥PETITION✓Free
💥New Chapter 11 Bankruptcy Filing - S.M.F. Group Inc.💥
Predominantly NYC-located restauranteur files for BK; Landry’s swoops in to buy.
by PETITION LLCWed Sep 30, 7:59 AM ET5 min read#19 finance paid leaderboard
Back on August 9, 2026, S.M.F. Group Inc. d/b/a The Fireman Hospitality Group, and 21 affiliates (collectively, the “debtors”) — operators of a portfolio of “iconic”-yet-now-bankrupt restaurants in Midtown New York City and Washington DC — filed for chapter 11 in the Southern District of New York ( Judge Barday ).
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🔥New Chapter 11 Bankruptcy Filing - UPG Enterprises LLC🔥
Steel processor falls into bankruptcy in dire need of liquidity.
by PETITION LLCSun Sep 27, 3:45 PM ET#19 finance paid leaderboard
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On September 22, 2026, Oak Brook Illinois-based UPG Enterprises LLC (“UPG”) and 18 affiliates (collectively, the “debtors” and along with non-debtor entities, the “company”) filed chapter 11 bankruptcy cases in the Northern District of Illinois ( Judge Fine ).
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#20Doug Casey's Crisis Investing
✓FreeSUBSTACK#20 finance paid leaderboard · 6 of 6 recent posts free9
- Weekly Recap October 11, 2026Doug Casey's Crisis Investing✓Free
Weekly Recap October 11, 2026
Doug and Matt on bonds, the fall of the King, and nukes. John on the US power grid, the People of the 9Ps and the 9Ps of pills. Arizona Eagle visits the Experts Roundtable.
by Doug CaseySun Oct 11, 11:08 AM ET#20 finance paid leaderboard
Experts Roundtable with Arizona Eagle Mining “I’m kind of a happy camper, frankly,” says Doug. https://expertsroundtable.substack.com/cp/219426753
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Just Print Up Some Electrical Transformers
A Primer on the Electricity Grid in the US
by John Hunt, MDThu Oct 8, 11:18 AM ET6 min read#20 finance paid leaderboard
The Three Grids There is no national electricity grid. There are three major interconnections: the Eastern, the Western, and then good ol’ Texas runs its own (ERCOT). Only a few links tie East to West. Together these grids hold more than 12,000 utility-scale power plants serving 164 million customers. The Linemen Electric utilities restore power fast.
Open post at Doug Casey's Crisis Investing → - Doug Casey: The Empire Is a Dinosaur in Its Death ThroesDoug Casey's Crisis Investing✓Free
Doug Casey: The Empire Is a Dinosaur in Its Death Throes
Trump is warning that Iran could nuke Los Angeles. Doug says the fix is an apology, the Saudis are next to fall, and the bond market is where the real trouble starts.
by Matt Smith @ Crisis InvestingWed Oct 7, 5:04 PM ET6 min read#20 finance paid leaderboard
I’m back from a couple of weeks in Italy. A lot happened while I was gone and nothing changed. Trump told a crowd he knows more about inflation than anyone, and more about everything than probably anybody in the world. That barely registered. What got the press going was his warning that Iran might take out Los Angeles or San Diego, after making the same threat about Mobile, Alabama.
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- Bet on the WinnersDoug Casey's Crisis Investing✓Free
Bet on the Winners
Today we discuss another of Doug’s Nine Ps of Resource Stock Evaluation. People.
by John Hunt, MDTue Oct 6, 11:09 AM ET4 min read#20 finance paid leaderboard
A bull market in metals makes every mining CEO look like a genius. A rising tide lifts all boats, including the ones that are going to sink. Which is why, when capital floods back into the junior miners, the People question matters more than ever. There are discovery machines and there are dilution machines. It’s hard to distinguish them in the financials, initially.
Open post at Doug Casey's Crisis Investing → - The 9 Ps of Prescriptions, Potions and PillsDoug Casey's Crisis Investing✓Free
The 9 Ps of Prescriptions, Potions and Pills
Every Pill Is a Position
by John Hunt, MDMon Oct 5, 11:08 AM ET6 min read#20 finance paid leaderboard
Open most medicine cabinets and you’ll find a portfolio no investor should hold: two dozen positions, no thesis, no exit plan, auto-delivery and a monthly bill. You shouldn’t buy a junior miner because a stranger said it tripled for his brother-in-law. Yet that’s the standard of evidence behind a lot of the capsules people swallow every day.
Open post at Doug Casey's Crisis Investing → - Weekly Recap October 4, 2026Doug Casey's Crisis Investing✓Free
Weekly Recap October 4, 2026
by Doug CaseySun Oct 4, 11:09 AM ET#20 finance paid leaderboard
Matt & Doug relaxed this week. This month’s issue for premium subscribers.
Open post at Doug Casey's Crisis Investing → - U.S. Strengths and Weaknesses in ProductionDoug Casey's Crisis Investing✓Free
U.S. Strengths and Weaknesses in Production
Strong at the Source, Vulnerable in the Supply Chain
by John Hunt, MDFri Oct 2, 11:07 AM ET5 min read#20 finance paid leaderboard
One of my philosophies is that success is better achieved from building on one’s strengths, not from overcoming non-fatal weaknesses. If I spend effort making myself better at things I don’t genetically, physically or otherwise have innate capabilities to do, I may improve myself, but not by as much as if I were to spend the time, energy and money building upon what I am innately good at.
Open post at Doug Casey's Crisis Investing → - MONTHLY ISSUE: Picks and Shovels for a War Already UnderwayDoug Casey's Crisis Investing🔒︎Paid
MONTHLY ISSUE: Picks and Shovels for a War Already Underway
‘Crisis Investing’ Monthly Issue 9 / September 2026 – Vol 3. Drones and Robots
by John Hunt, MDWed Sep 30, 7:40 PM ET#20 finance paid leaderboard
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In 1941, Hitler rolled into Russia with 3400 tanks and 625,000 horses. You don’t see the horses in the movies. Those horses fared poorly. In February 2022, Russia rolled toward Kyiv with 1,700 tanks. Those tanks fared poorly. A large share of them now sit in scrapyards and muddy fields.
Open post at Doug Casey's Crisis Investing → - Who Gets the Fiat Currency FirstDoug Casey's Crisis Investing✓Free
Who Gets the Fiat Currency First
Letter 2 in this series on the dollar’s unique position as a fiat currency serving as the global reserve currency.
by John Hunt, MDTue Sep 29, 11:07 AM ET5 min read#20 finance paid leaderboard
Two Economies Every dollar the Fed creates puts upward pressure on asset prices and consumer prices. On one side are people who own the assets. These folk check their net worth frequently. On the other: people who work for an hourly or salaried wage, buying groceries and fuel and waiting for a raise. These folk check their bank balance and credit card debt frequently. Both sides vote.
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#21FOMO研究院電子報
◐LimitedSUBSTACK#21 finance paid leaderboard · 3 of 6 recent posts free9
- Marvell 營收翻十倍？SpaceX 下場做電信商？Google帶核電飛？ - KP思考筆記(第63期)FOMO研究院電子報✓Free
Marvell 營收翻十倍？SpaceX 下場做電信商？Google帶核電飛？ - KP思考筆記(第63期)
by KP@FOMOSocFri Oct 9, 11:15 PM ET4 min read#21 finance paid leaderboard
大家好，我是 KP，歡迎來到第 63 期的《週末思考筆記》。 大概兩個月前，我開了一個新欄目，叫「財報解剖」。當時有跟大家講，這是一個新嘗試，不保證更新頻率，先跑跑看。 兩個月下來，總共出了五篇，節奏慢慢穩了，我和團隊也越寫越順。 所以今天想正式跟大家宣佈：這個欄目會一直做下去。 也就是說，FOMO 研究院現在有三條線： 深入分析： 一個產業或公司主題，深挖到底，週中發出； 思考筆記： 相對短一點，一週的市場觀察與隨筆，週末發出； 財報解剖： 比較硬核，數字會多一點，在一家公司出財報之後發出。 講到這裡，我想多聊幾句我對這三條線的想法。 深入分析做了超過一年了。這一年多，我們一起走過了很多產業、很多公司，有些可能你之前完全沒聽過，有些你可能聽過但沒認真看過。 我很喜歡這個過程，把一個陌生的東西拆開，搞懂它，再跟你講清楚。 但我最近開始有一個感覺：廣度鋪開了，是時候多一點往深度走。…
Open post at FOMO研究院電子報 → - AI時代的施工隊，先暴跌再大漲，AI是助力還是阻力？ - 深入分析第67期：AccentureFOMO研究院電子報🔒︎Paid
AI時代的施工隊，先暴跌再大漲，AI是助力還是阻力？ - 深入分析第67期：Accenture
by KP@FOMOSocWed Oct 7, 6:32 AM ET#21 finance paid leaderboard
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之前的周末筆記中，我提過高盛的AI受益名單里有Accenture。 之後不時有人問：什麼時候寫一篇Accenture的深入分析？ 老實說，它一直在我的追蹤名單上。 這種被大幅下殺的「前好企業」，如果能證明它不是AI時代的受害者，相反是受惠者，中間的Alpha空間會非常大。 就像大半年前的資安板塊，當時我多次強調資安會是AI時代的受益者，這部分投資也成了我今年的Alpha來源之一。 那為什麼一直沒寫Accenture？ 原因是，我一直無法確定它是否真的受益者。 現在回看，三個月前確實是很好的買點，估值很低殘。但如果不確定它是不是贏家，純粹因為估值低而買入，就變成了Cigar butt投資法。不是不行，但不是我的風格。 最近一份財報後，Accenture大漲，我決定認真分析一下。 先說結論：我仍然不確定。…
Open post at FOMO研究院電子報 → - 不叫AI，要叫SI？存儲迎來供應爆發？MongoDB CEO 竟離職投奔 Zuck？ - KP思考筆記(第62期)FOMO研究院電子報✓Free
不叫AI，要叫SI？存儲迎來供應爆發？MongoDB CEO 竟離職投奔 Zuck？ - KP思考筆記(第62期)
by KP@FOMOSocSat Oct 3, 1:13 AM ET3 min read#21 finance paid leaderboard
大家好，我是 KP，歡迎來到第 62 期的《週末思考筆記》。 在進入今天的主題之前，想先跟大家分享一個好消息：我的二寶在這一週順利出生了。 看著家裡迎來新成員，在感到開心的同時，我的內心其實也有一種很微妙的拉扯。 這讓我想起前陣子在一次訪談中，我曾提到有時候真的很想給自己放個假、徹底休息一下。但實際上，這對我來說一直是一件挺矛盾的事。 一方面，長期追蹤市場，同時高強度輸出，確實會累積疲憊感，偶爾真的想完全斷聯。 但另一方面，我又真的很喜歡看市場，非常享受去思考、去挖掘不同觀點的過程。這對我來說不只是工作，更像是一種已經融入生活、戒不掉的習慣。 現在的狀態也是這樣。我很享受家庭迎來新成員的喜悅，但只要一有空檔，手還是會忍不住點開螢幕，看看這週市場又發生了什麼。 這大概就是我的日常吧。 雖然有時候覺得累，但因為做的是自己真正熱愛的事，所以過程依然很有動力。…
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- 繼續賺翻，2028年繼續供需緊張，長約越來越多，市場卻沒有特別興奮？財報解剖: MU | 26年10月FOMO研究院電子報🔒︎Paid
繼續賺翻，2028年繼續供需緊張，長約越來越多，市場卻沒有特別興奮？財報解剖: MU | 26年10月
by KP@FOMOSocThu Oct 1, 7:40 AM ET#21 finance paid leaderboard
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美光，無疑是過去大半年全市場討論度最高、成交量最為驚人的明星股之一。 如果把時間軸拉長來看，它的走勢簡直像是一趟雲霄飛車：在短短一年內瘋狂暴漲了將近 7 倍，隨後又在短短幾個月內從高點重挫了近 40%。 然而，面對如此極致的劇烈波動，這次美光公佈了一份堪稱亮眼的財報後，股價竟然一反常態： 幾乎毫無波瀾，靜得讓人感到有些超現實。 為什麼市場這次「不嗨了」？ 如果你回頭重讀我過去關於記憶體產業與美光的系列分析，你就會明白，華爾街真正焦慮的從來都不是「這季賺了多少錢」，甚至不是「下季賺了多少錢」。 我強烈推薦大家重溫這篇分析，全文在下此： 事實上，這季驚人的獲利數字，並沒有解決市場心頭最大的陰霾。那個攸關記憶體週期終點、決定這檔股票未來命運的 核心大問題，在這份財報裡依然沒有給出答案 。 閱讀建議與導覽…
Open post at FOMO研究院電子報 → - 當 Amazon 關上門，Shopify 攜手 Meta，AI 代勞下單的年代，賣「鏟子」的還值錢嗎？ - 深入分析第66期：ShopifyFOMO研究院電子報🔒︎Paid
當 Amazon 關上門，Shopify 攜手 Meta，AI 代勞下單的年代，賣「鏟子」的還值錢嗎？ - 深入分析第66期：Shopify
2026 年 9 月 20 日晚上，有人試著使用 Meta 剛推出的 AI 助理「Muse」，到 Amazon 網站上進行採購。
by KP@FOMOSocWed Sep 30, 6:26 AM ET#21 finance paid leaderboard
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2026 年 9 月 20 日晚上，有人試著使用 Meta 剛推出的 AI 助理「Muse」， 到 Amazon 網站上進行採購 。 沒想到，螢幕上彈出一行提示，指出該 AI 未經授權，違反了使用條款。 Amazon 選擇關上大門，拒絕讓 AI 進入。 第二天，Shopify 執行長 Tobi Lütke 在社交平台 X 上宣布，旗下的結帳工具 Shop Pay 將全面支援 Muse。 這項消息帶動 Shopify 股價上漲。Meta 執行長 Mark Zuckerberg 也轉發了這則消息，並表示這能幫助更多顧客找到商品，也讓更多商家完成交易。 兩家巨頭的決策，讓電商行業走向了兩個截然不同的方向。 一邊是 Amazon 的封閉防守，另一邊是 Shopify 的開放合作。 這項轉變也引發了市場的討論： AI 助理的普及，究竟會給 Shopify 帶來機遇，還是潛在的危機？…
Open post at FOMO研究院電子報 → - Muse令CPU需求上升？亞馬遜為何封鎖？平台公司怎麼辦？ - KP思考筆記(第61期)FOMO研究院電子報✓Free
Muse令CPU需求上升？亞馬遜為何封鎖？平台公司怎麼辦？ - KP思考筆記(第61期)
by KP@FOMOSocSat Sep 26, 12:50 AM ET4 min read#21 finance paid leaderboard
大家好，我是 KP，歡迎來到第 61 期的《週末思考筆記》。 先祝大家中秋節快樂！ 希望大家在與家人團聚之餘，資產與思維也都能一路增值。 這一期和上一期一樣，也是只有一個主題，但也是一個極具深度且長篇幅的剖析。 本週全球科技圈的焦點只有一個，就是 Meta 推出的 Agent Muse。 這不僅是一個新產品，更標誌著 AI Agent 正式從「企業場景」下沉到「個人場景」。 由於牽涉的角度太廣，壓到下週實在太可惜，所以我跟團隊連夜整理，決定週末直接呈上這篇長篇深度剖析。 說到團隊，由這一期開始，你會偶爾在內容裡看到團隊成員的名字。負責和我一起想內容的，是 Benita 和 Jazz。 是的，FOMO 研究院現在有了一個小團隊，各有專長。 多一些人一起想，總能撈到幾個你自己沒想到的角度。 之前幾期的財報解剖，其實已經是這個模式在跑了，只是從這一次開始，你終於會看到名字。…
Open post at FOMO研究院電子報 → - 巴菲特退任，價投劃上句號？他的尺還量得動AI時代嗎？為何最後買Google？ - 深入分析第65期：巴菲特FOMO研究院電子報🔒︎Paid
巴菲特退任，價投劃上句號？他的尺還量得動AI時代嗎？為何最後買Google？ - 深入分析第65期：巴菲特
by KP@FOMOSocWed Sep 23, 6:03 AM ET#21 finance paid leaderboard
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2026 年 9 月的奧馬哈，96 歲的巴菲特寫下了一封信，宣佈退任Berkshire Hathaway的主席。 信裡沒有長篇大論的投資哲理，只有一句輕描淡寫，卻重如泰山的告別：「 時間老人總會獲勝（Father Time always wins）。 」 這句話像一個句號，畫在六十年的投資生涯上。但對很多人來說，這個句號似乎也畫在了一種投資方法上。 過去十幾年，市場一直在講同一個故事：價值投資已經過時了。巴菲特的方法太老、太慢、太保守。 在零利率和科技股狂飆的年代，他看起來像一個固執的老人，守著可口可樂和銀行股，眼睜睜看著世界往前跑。 有很多人甚至給他貼上了一個殘忍的標籤：跟不上時代。 但我不這樣認為。 巴菲特留給我們的，從來不只是一種「買便宜貨」的技巧。他留下來的，是一套理解商業本質的方法。…
Open post at FOMO研究院電子報 → - 升息等於大市要崩？重回 90 年代三大劇本，看懂歷史上的升息真相 - KP思考筆記(第60期)FOMO研究院電子報✓Free
升息等於大市要崩？重回 90 年代三大劇本，看懂歷史上的升息真相 - KP思考筆記(第60期)
by KP@FOMOSocFri Sep 18, 11:05 PM ET3 min read#21 finance paid leaderboard
大家好，我是 KP，歡迎來到第 60 期的《週末思考筆記》。 這一期會比較特別一點，只有一個主題，但這會是一個極具深度且長篇幅的剖析。 為甚麼只有一個主題呢？因為我認為， 當前的市場已經進入了由「宏觀主導」的關鍵節點 。 而這次的 FOMC 過後，我們需要去重新思考未來一段時間的投資方向。 本來呢，這個主題我原本打算放在付費的「深度分析」中。但考慮到如果等到下週才發布，可能會有點晚。 所以，我決定在這個週末將它完全公開，讓所有人都能免費閱讀。如果你讀完覺得有所啟發，請不吝幫我點個讚，這對我是極大的鼓勵。 最近有不少新朋友加入，有位讀者問了我一個很好的問題。 「KP，我剛加入，應該如何開始閱讀你的分析呢？需要從第一期按順序讀起嗎？」 這個問題之所以問得極好，是因為他沒有把這裡的分析當作「看完即丟」的投機代碼，而是看作了某種可以反覆研讀的知識資產。 我一直強調，…
Open post at FOMO研究院電子報 → - Cybercab 發布、Waymo 擴張，Uber 時間已在倒數？ - 深入分析第64期：UBERFOMO研究院電子報🔒︎Paid
Cybercab 發布、Waymo 擴張，Uber 時間已在倒數？ - 深入分析第64期：UBER
by KP@FOMOSocWed Sep 16, 6:20 AM ET#21 finance paid leaderboard
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1903 年，紐約街頭的馬車全握在馬廄老闆手裡。他們買馬、雇司機、包辦修車，掌控了整座城市的出行。 1908 年，福特 Model T 登場。汽車擊敗了馬匹，但也把養車與開車的負擔，甩給了千家萬戶的私家車主。 百年後的 Uber 則做了一場精明的整合：它一輛車都不買，只是把 1908 年散落各地的私家車，重新用演算法打包成一個 21 世紀的「數位馬廄」。 到了 2026 年，當 Robotaxi 讓車子不再需要司機，歷史彷彿又繞回了 1903 年。製造車輛的公司能自己運營車隊、接送乘客。 這時，華爾街開始問一個問題： 當車廠能重新包辦一切，我們還需要 Uber 畫面上的那個按鈕嗎？ 開始之前，再次溫馨提醒大家： 本週五我們將正式調漲月費訂閱價格 （年費保持不變，既有訂戶的價格也將永久鎖定）。 如果還在猶豫的，不妨閱讀一下「我離職了」那篇下面的留言，算是有很多五星好評。 期待你的加入。…
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#23Farm CPA Report
◐LimitedSUBSTACK#23 finance paid leaderboard · 2 of 6 recent posts free9
- Our First LivestreamFarm CPA Report✓Free
Our First Livestream
Our first livestream was on Wednesday, and it actually went off without a glitch
by Paul NeifferFri Oct 9, 1:49 PM ET#23 finance paid leaderboard
We tried doing a livestream on Wednesday of this week and it went well. We covered estimated 2025 ARC and PLC payments that should start going out soon and discussed estimated 2026 ARC and PLC payment elections, etc. Our plan is to do at least one of these each month and some will have quite a bit of details like this one and others will be more of a Q & A format.
Open post at Farm CPA Report → - USDA Found Corn the Trade Couldn’t. Here’s Why the Experts Missed.Farm CPA Report🔒︎Paid
USDA Found Corn the Trade Couldn’t. Here’s Why the Experts Missed.
by Paul NeifferFri Oct 9, 1:41 PM ET#23 finance paid leaderboard
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USDA surprised almost everyone this morning. The trade expected the October report to lower the national corn yield. Instead, USDA raised it 2.7 bushels to 181.2 bushels per acre, up from 178.5 in September. That increases production by 234 million bushels to 16.034 billion, the second-largest corn crop on record.
Open post at Farm CPA Report → - September 15 Was About Your Entity, Not Your PaperworkFarm CPA Report🔒︎Paid
September 15 Was About Your Entity, Not Your Paperwork
We continue to get questions on the September 15 deadline for 2026 entity structure
by Paul NeifferFri Oct 9, 9:31 AM ET#23 finance paid leaderboard
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Photo by Hannah Shedrow on Unsplash Several farmers have told me they blew a September 15 deadline and lost their increased 2026 farm program payments. Most of them did not. September 15, 2026, was the date your legal entity had to be in place. It was not a deadline to file a form. If your LLC or S corporation existed on that date, you can still file the updated CCC-902.
Open post at Farm CPA Report →
- Secretary Rollins Announces ARC and PLC PaymentsFarm CPA Report✓Free
Secretary Rollins Announces ARC and PLC Payments
$13.8 Billion of Gross Payments, Net Likely to be closer to $13 billion
by Paul NeifferThu Oct 8, 10:22 AM ET2 min read#23 finance paid leaderboard
Photo by Sandy Ravaloniaina on Unsplash USDA announced on October 7 that ARC and PLC will generate about $13.8 billion for the 2025 crop year, the largest annual payout since these programs started in the 2014 Farm Bill. It is also a gross number. Two reductions sit between that headline and what lands in your client’s account, and USDA says so right in the release.
Open post at Farm CPA Report → - Crop Quality Losses: What Farmers Need to Know Before the Grain Leaves the FarmFarm CPA Report🔒︎Paid
Crop Quality Losses: What Farmers Need to Know Before the Grain Leaves the Farm
We are hearing about lots of quality losses due to excess rain.
by Paul NeifferThu Oct 8, 9:32 AM ET#23 finance paid leaderboard
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Photo by Roger Starnes Sr on Unsplash Let me start with a disclaimer. I am a CPA, not a crop insurance expert. I do not sell crop insurance or adjust claims. This post covers the basics I see farmers get wrong, but your policy, your agent and your adjuster control. Call them before you act on anything here. With that out of the way, here is why this matters this fall.
Open post at Farm CPA Report → - ARC-IC Might Be the Best Call You Make This FallFarm CPA Report🔒︎Paid
ARC-IC Might Be the Best Call You Make This Fall
Since you will know your yields before sign-up, ARC-IC may be the smarter choice for 2026
by Paul NeifferWed Oct 7, 9:30 AM ET#23 finance paid leaderboard
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Photo by Polina Rytova on Unsplash For the first time I can remember, farmers get to make their ARC/PLC election after harvest. The 2026 signup runs September 16 through December 11, 2026. That means most of you will know your actual yields, your average yields and a pretty good guess at your county yield before you sign anything. Normally the choice is a forecast.
Open post at Farm CPA Report → - Join Paul for a Livestream TodayFarm CPA Report✓Free
Join Paul for a Livestream Today
We will be doing our first Livestream today
by Paul NeifferWed Oct 7, 9:02 AM ET#23 finance paid leaderboard
We will be doing a Facebook Livestream today at 1 pm MT. Topic: 2025 ARC/PLC payments and expectations for 2026 ARC/PLC payments. Sign-up link: https://share.hsforms.com/1qr1GryNnRSGTim8MsY9cWAq7tbs Since this is the first time that we have done this, I will not guarantee that it will be glitch free. I look forward to the discussion with everyone.
Open post at Farm CPA Report → - The Section 1062 Acceleration Examples, and What Happens to the FarmhouseFarm CPA Report🔒︎Paid
The Section 1062 Acceleration Examples, and What Happens to the Farmhouse
We review some final examples of acceleration
by Paul NeifferTue Oct 6, 9:08 AM ET#23 finance paid leaderboard
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Photo by Darío Bonzi on Unsplash Six more examples in the new Section 1062 proposed regulations. One deals with the farmhouse and five deal with what blows up your four-year payment plan. Start with the farmhouse. Example 6 has Individual M and M’s spouse realizing $1,000x of gain on a qualified sale.
Open post at Farm CPA Report → - Who Actually Makes the Section 1062 ElectionFarm CPA Report🔒︎Paid
Who Actually Makes the Section 1062 Election
We review the examples on who makes the election
by Paul NeifferMon Oct 5, 8:58 AM ET#23 finance paid leaderboard
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Photo by Rodrigo Ramos on Unsplash If a partnership or an S corporation sells the farm ground, who makes the Section 1062 election? The new proposed regulations answer that with four examples, and the rule they establish is consistent. The election follows the tax liability, not the sale. The first example has an LLC taxed as a partnership with two equal members.
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◐LimitedSUBSTACK#25 finance paid leaderboard · 3 of 6 recent posts free9
- This Week in OilBison Insights✓Free
This Week in Oil
Higher oil price signal, Middle East flare-up reported
by Josh YoungSat Oct 10, 10:21 AM ET3 min read#25 finance paid leaderboard
It was another frenetic week in the oil market, with oil prices highly volatile but only up 0.8% by the end of the week to WTI $91.85 - despite tanker attacks, reports of Middle Eastern infrastructure damage, and more claims of “progress towards peace.” Below I share some key charts, observations and Bison Insights perspectives: I made a big call early in the week, as oil prices fell and…
Open post at Bison Insights → - Bond Yields Are Soaring: 2007-2008 Redux?Bison Insights🔒︎Paid
Bond Yields Are Soaring: 2007-2008 Redux?
Rising Rates Could Potentially Trigger This High-Upside-Potential Hedge
Fri Oct 9, 9:11 AM ET#25 finance paid leaderboard
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Bond yields are soaring. The U.S. 30-year Treasury yield climbed to 5.67% on October 7, its highest level since 2002: The combination of rising oil prices, inflation risk, and growing national debt appear to be pushing yields higher. In this article, I’m providing an update on an investment idea with asymmetric upside if yields continue rising .
Open post at Bison Insights → - Rare Signal Flashing: “Buy Oil” AgainBison Insights🔒︎Paid
Rare Signal Flashing: “Buy Oil” Again
Oil prices have always increased following this signal
Wed Oct 7, 9:26 AM ET#25 finance paid leaderboard
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Oil prices have declined from recent highs despite a recent increase in attacks across the Middle East . Oil equities have also fallen from their recent highs, as investors worry that oil prices could fall further from here. But a powerful, extremely rare oil market signal just flashed “buy”.
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- Oil Running Low - Josh Young on the David Lin ReportBison Insights✓Free
Oil Running Low - Josh Young on the David Lin Report
Oil Shortages Next? Podcast Interview
by Josh YoungTue Oct 6, 10:21 AM ET1 min read#25 finance paid leaderboard
I joined David Lin yesterday to share my latest views on oil markets: I referenced some charts and figures that were included in the latest “This Week in Oil” And I touched on some factors that led me to sell Cenovus Energy and that increased my conviction in three compelling oil stock ideas: *Disclaimer: I and funds I advise own shares discussed and may buy or sell them at any time without…
Open post at Bison Insights → - Selling Cenovus: Up 78% in 10 MonthsBison Insights🔒︎Paid
Selling Cenovus: Up 78% in 10 Months
C$5.7 Billion acquisition is dilutive, but it implies substantial upside in other stocks
Mon Oct 5, 4:32 PM ET#25 finance paid leaderboard
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Cenovus Energy announced that it is acquiring Athabasca Oil in a richly valued $5.7 billion deal. With shares up 78% since I first wrote about Cenovus in December 2025, compared with 35% since then for , the oil and gas producer ETF, I have sold my remaining shares in the company and am “closing out” the idea in the Bison Insights composite: My thesis was that Cenovus was undervalued due to…
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This Week in Oil
Volatile, frenetic week, with oil down, oil stocks up, and much debate
by Josh YoungSat Oct 3, 9:56 AM ET3 min read#25 finance paid leaderboard
It was another frenetic week in the oil market, with oil prices highly volatile but only down 1.2% by the end of the week to WTI $91.26. Below I share some key charts, observations and Bison Insights perspectives: While sentiment among oil stock investors may be in the doldrums, the much discussed “disconnect” between oil prices and oil stocks reversed, with oil stocks outperforming, up 1.9% vs…
Open post at Bison Insights → - Podcast: The Next Oil ShockBison Insights✓Free
Podcast: The Next Oil Shock
Oil prices could go parabolic after US midterm elections
by Josh YoungFri Oct 2, 11:26 AM ET1 min read#25 finance paid leaderboard
I was on “TheRoyaltyKing” podcast recently, where I shared my thoughts on the oil market, where I am finding compelling value in the oil industry value chain, and chatted about various other topics with Ben Demase: I didn’t mention the name of this company, but I did highlight this sort of setup as among the most compelling I’ve seen: Enjoy, and let me know what you think!
Open post at Bison Insights → - Drilling Down: Big Well Result, More UpsideBison Insights🔒︎Paid
Drilling Down: Big Well Result, More Upside
Unlocked Upside Potential for This Top Idea
Thu Oct 1, 9:55 AM ET#25 finance paid leaderboard
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Last week, I wrote a short summary about a standout well result at one of my largest holdings, prioritizing speed to publication because the result was in the public data but had not yet been press released by the company: I’m sharing this more in-depth analysis because of the importance of the result to my investment thesis.
Open post at Bison Insights → - This Week in OilBison Insights✓Free
This Week in Oil
Oil Prices Declined, Conference Takeaways
by Josh YoungSat Sep 26, 1:26 PM ET2 min read#25 finance paid leaderboard
Below is a brief summary of key data points and events from this past week in the oil market. Enjoy! Oil prices fell this week, with WTI oil down 3.6% to $92.66, as news of a potential resumption of the US / Iran deal emerged: With oil prices declining, oil & gas stocks fell even more, with the large cap oil ETF down 4.8%: US oil & refined products inventories remained at low levels, with diesel…
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