D. Brian Blank, PhD

Assoc Prof of Finance @msstate in Empirical Corporate @MSUbusiness in @mscollegetown via @UofAlabama Fin BBA @CulverhouseUA Stats MS @MandersonUA PhD @HaslamUT

[D. Brian Blank, PhD @FinProfBlank]

Are we headed toward a recession? Are gas prices falling? Well, "It’s not just high gas prices – inflation is now spreading through the US economy" via @ConversationUS https://t.co/5DvPtwNPc4

[Wharton Moneyball @WMoneyball]

"Wins Above Bubble" is a useful new tool in the CFB playoff discussions. Look at how it sorts the current top 11 "most deserving", who are a mishmash of 0- and 1-loss teams with very different conference affiliations:
Tier 1: UGA, obviously
Tier 2: Undefeated UCLA, Indiana and ND + 1-loss UK and BAMA.
Tier 3: Undefeated BYU, Tech, and Miami (!) + 1-loss MissSt and TEX.
HT @ralphDrussoATH @PDawg206 @CFBNumbers

[Kalshi @Kalshi]

BREAKING: 69% chance Tesla and SpaceX merge before 2028

[TopTradersLive.com @TopTradersLive]

"Before you think about investing in the first place, think about what your edge is."

Listen to this conversation between Alex Edmans (@aedmans) and Kevin Coldiron for more practical tips on how to become a better investor. 👇👇

https://t.co/i25m3uXae1

[Bloomberg @business]

Saudi Arabia is looking at ways to expand its oil pipeline capacity to destinations outside the Persian Gulf to 10 million barrels a day within two to three years https://t.co/z8Bs9IjTyN

[Brian Albrecht @BrianCAlbrecht]

🚨 2026 Nobel Prize in Economics goes to Robert E. Hall and Michael Woodford 🚨

"for microfoundations of macroeconomic stabilisation"

Such a good macro prize. So happy to see Robert Hall, not mentioned as much as Woodford in this discourse

[Jim Bianco @biancoresearch]

1/5

The S&P 500 increasingly looks like two stock markets: AI-related companies and everybody else.

41 AI-related companies we track accounted for 48.68% of the S&P 500's combined market capitalization.

The remaining companies accounted for 51.32%.

[Gunjan Banerji @GunjanJS]

"Out of the approxi mately $36 trillion increase in S&P 500 market capitalization since late 2022, about $21 trillion has come from firms in the AI stacks" --IMF

[Nick Timiraos @NickTimiraos]

What does a Fed hawk listen for on a factory floor?

At industrial-hardware maker Jergens in Cleveland, Beth Hammack heard that price has fallen to third in importance on customers' lists, behind quality and speed.

[Ernie Tedeschi @ernietedeschi]

Positive generational story with income in the SCF as well.

[Kalshi @Kalshi]

JUST IN: 11% of US adults now take a GLP-1 for weight loss, roughly 28 million people, up from just 3% in 2024, per Gallup

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

MS: Past recessions have historically occurred as the Federal Reserve hikes interest rates above nominal growth. With nominal growth nearly 3% above the policy rate,

the Fed appears to have room to hike before meaningfully impacting growth.

[Gunjan Banerji @GunjanJS]

It's been a **record** year for U.S. equity issuance

U.S. companies have raised $431 billion YTD via IPOs, follow-ons, converts, and SPACs, almost double the figure last year--GS

On track to surpass 2021 , during the height of the Covid-19 market mania

[Mike Zaccardi, CFA, CMT 🍖 @MikeZaccardi]

GS: Yields, on average, peak once the data confirms that the peak in inflation is behind us... makes sense

2027 CPI inflation near 2.5%, priced in

[Morgan Housel @morganhousel]

New book on Tom Brady:

"A common trait I’ve found among repeat champions is a prominent chip on their shoulder, from slights both real and imagined, often nurtured for decades. When what you seek is not wealth or fame but vindication, you can never get enough."

https://t.co/Kwpmyh0LZw

[Mississippi State Soccer @HailStateSOC]

1⃣ of 3⃣ unbeatens left in SEC play 👀

#HailState

https://t.co/Kw5etkYb5z

[zerohedge @zerohedge]

McElligott: Ten stocks drove 70% of the S&P's 23% rally since March 30, with Nvidia alone responsible for 13% of it, and Micron, Apple and Microsoft another 9% each. The other 490 stocks? 30%. Combined.

[Khoa Vu @KhoaVuUmn]

Are these results robust to using log(Starbucks + Venti)?

[Paul Novosad @paulnovosad]

There are only 9 books you will ever need

[Khoa Vu @KhoaVuUmn]

In economics, we call this graduate research assistantship.

[Matthew Yglesias @mattyglesias]

AI cracking unsolvable math problems while being kinda mid at writing is a much-needed W for humanities majors after a rough 21st century.