Magazine
August 31, 2026
Is the AI Capex Bubble About to Burst? What 250 Years of Market History Tell Us.
The spending on artificial intelligence will end, but probably not when investors suspect it will.
Fed’s Warsh Cites ‘Readiness to Act’ on Inflation. That’s Forward Guidance by Any Name.
Federal Reserve Chairman Kevin Warsh’s Jackson Hole speech left little doubt that the Fed is prepared to lift interest rates if necessary. Odds of a September rate hike rose.
Long Read
This Isn’t the First Fight Between Treasury and Fed Over Interest Rates
The two bodies had a similar fight after World War II that helped win independence for the Federal Reserve.
Long Read
SEC’s Top Cop Plans to Focus on Accounting Fraud
Cases have fallen sharply in the Trump administration, but enforcement chief David Woodcock says the agency is gearing up for its new approach.
Long Read
Summer Travel Season May Be Ending, but Marriott’s Stock Is Worth Checking In For
Marriott International stock should continue to outperform.
Long Read
Gambling Sweeps Across Another Industry. Welcome to the Future of Trading Cards.
The Derek Jeter-founded Arena Club sees “a new era of collecting.” Some see another instance of gambling taking over an American tradition.
Long Read
Why Bond Yields Are the Stock Market’s New Fear Index
The myriad issues facing the economy aren’t being reflected in traditional risk gauges. But you can’t fool the bond market.
Long Read
Klarna CEO Scoops Up $10 Million of Stock as Post-IPO Slump Continues
Klarna CEO Sebastian Siemiatkowski bought 692,506 company shares just over a week after its latest earnings report sent the stock tumbling.
2 minute read
Cancer Biotech Kura Oncology Rallies to New High After CEO’s Stock Purchase
Shares of Kura Oncology hit a 52-week closing high after CEO Troy Wilson bought $1.2 million worth of stock.
2 minute read
Foreign Countries Aren’t Buying Treasuries Like They Used To. How That Could Be Trouble for Bessent.
These days private investors hold nearly twice as much debt as official creditors, potentially spelling more volatility.
3 minute read
The Best Way to Own Gold in a Retirement Account—and Why You Should
It may pay to own more of the metal, but don’t go overboard.
4 minute read
This Market Strategist Sees Trouble Ahead for AI Stocks. What to Buy Instead.
Michael O’Rourke, chief investment strategist at JonesTrading, sees echoes of the dot-com era in today’s market. He likes large-cap pharma and consumer staples.
Long Read
