Barry Ritholtz

The ten topics?

ARTIFICIAL INTELLIGENCE
INFLATION
SUPPLY & DEMAND
ENERGY
CRYPTO CRASH
TARIFFS
RATE CUTS
BUBBLES
RECESSION
VALUATIONS

10 Datapoints for Thanksgiving - The Big Picture It’s that time of year again when families gather to feast on bountiful harvests and to give thanks for all of our blessings. This year, skip the “Vibes” and instead focus on market data. Don’t lose s...

10 Datapoints for Thanksgiving

This year, skip the “Vibes” and instead focus on market data. Don’t lose sight of nuances and shades of grey; they don’t make for great memes, but they do lead to a better understanding of what’s going on.

ritholtz.com/2025/11/10-d...

4 of the 5 worst-performing housing markets (year over year) are those that experienced enormous pandemic growth:

Tampa, Phoenix, Dallas, and Miami.

via Charles Bilello

I believe you may be confusing "Propaganda" with "Influence," which are two very different concepts.

It's literally the exact opposite of what Kasparov suggests -- PSYOPs are not narratives, but rather, an intention to create confusion and a lack of faith in institutions...

“The point of modern propaganda isn't only to misinform or push an agenda. It is to exhaust your critical thinking, to annihilate truth.”

-Garry Kasparov

Youngs Farm Youngs Farm

We buy local -- we live near "Young's Farm" and they make fabulous pies!

1. Rasberry Peach
2. Strawberry Rhubarb
3. Blueberry Crumble
4. Apple
5. Three Berry

But really, any of the pies are great!

youngs.farm

Never Take Candy from Strangers - The Big Picture I grew up in the generation of latchkey kids: Both parents worked; you came home from school, fixed yourself a quick bite, then ran off to the playground for some stick- or b-ball. We weren’t wildly o...

You need to create your own list of all stars to follow -- people with a good track record, the right temperament, who have seen a few cycles, are skillful (not merely lucky) and have a defendable process....

ritholtz.com/2025/06/cand...

"...Pushing against the consensus is fine; it’s often how progress happens. But doing it responsibly requires expertise. Yet in my experience the loudest anti-consensus voices—on vaccines, climate, macroeconomics, whatever—tend to be the least informed."

Confidently Wrong - Marginal REVOLUTION If you’re going to challenge a scientific consensus, you better know the material. Most of us, most of the time, don’t—so deferring to expert consensus is usually the rational strategy. Pushing agains...

"If you’re going to challenge a scientific consensus, you better know the material. Most of us, most of the time, don’t—so deferring to expert consensus is usually the rational strategy..."

-AlexTabarrok

marginalrevolution.com/marginalrevo...

Is language the same as intelligence? The AI industry desperately needs it to be The AI boom is based on a fundamental mistake.

Here is the flip side:

"Cutting-edge research shows language is not the same as intelligence. The entire AI bubble is built on ignoring it."

www.theverge.com/ai-artificia...

How to Sound Like an Expert in Any AI Bubble Debate There are 12 statistics, factoids, and studies that dominate every discussion about whether artificial intelligence is a bubble. Here's a deep-dive into all 12 arguments

Try this:

www.derekthompson.org/p/how-to-sou...

This will be the most useful thing you will read this month

There are 12 statistics, factoids, and studies that dominate every discussion about whether artificial intelligence is a bubble. Here's a deep-dive into all 12 arguments.
via @dkthomp.bsky.social

www.derekthompson.org/p/how-to-sou...

YouTube video by Bloomberg Podcasts The Psychology of Being Rich: Masters in Business with Morgan Housel

Full podcast here

youtu.be/tIrAJiO3FXU?...

YouTube video by Bloomberg Podcasts Morgan Housel on the Art of Spending Money

Morgan Housel on the Art of Spending Money

youtube.com/shorts/7wnkD...

That's what happened in March 2000 -- DELL / INTC preannounced, and it was the end...

Rational Exuberance? - The Big Picture One of the biggest challenges for investors is recognizing exactly how little we know about what the future holds. It is a rare moment in market history when what comes next is extremely obvious to mo...

Rational Exuberance?

Recall Fed Chair Greenspan’s 1996 Irrational Exuberance speech. The market moved modestly upwards for another 2 years before exploding higher in late 1998 (LTCM bailout), and then again in October 1999 (Pre-Y2K Fed liquidity injection).

ritholtz.com/2025/11/rati...

10 Monday AM Reads - The Big Picture My back-to-work morning train WFH reads: • World-Beating Stock Rally Creates New Headaches in Korean Market:.South Korean stocks are on track to post their strongest gains in a quarter century, with t...

10 Monday AM Reads:

-Korea’s World-Beating Stock Market Rally
-Berkshire Without Buffett
-Is Substack Not Cool?
-Wall Street’s Insurance Takeover
-Good & Bad News About California Film Shoots
-LA Building Boom
-(Some) MAGA Girls Just Wanna Have Fun
-The Humble Ladybug

ritholtz.com/2025/11/10-m...

"Meme stocks have lost some 60 P/E points, while the big players (Mag 7) trade at a reasonable 32.6x and the S&P 493 at 20.7x. For the large caps these are not bubble valuations."

-Jurrien Timmer, Fidelity
@TimmerFidelity

10 Sunday Reads - The Big Picture Avert your eyes! My Sunday morning look at incompetence, corruption, and policy failures: • I looked into CoreWeave and the abyss gazed back: Meet the company Nvidia is propping up. (The Verge) • How ...

10 Sunday Reads

-Meet the company Nvidia is propping up
-How billionaires took over American politics
-Elon Musk: The World’s Most Shameless Public Figure?
-Trump’s One Weird Trick for Eliminating Bad News
-The Quest to Be MTG
-You Are In A Propaganda-Induced Psychosis

ritholtz.com/2025/11/10-s...

Ritholtz All Stars | Joshua Brown If you've been missing real-time markets and econ commentary in your life, you're not alone. It's being rebuilt from the ashes of X on Bluesky Social thanks to my friend Linda Lebrun. Here's a start...

Boom. 💥

@bsky.app @downtownjoshbrown.bsky.social
@ritholtz.bsky.social
www.linkedin.com/posts/dtjb_r...

10 Weekend Reads

-Gizmo Empire
-AI & The DoorDash Problem,
-Who Was the Foodie?
-Med Spa Nation
-Our cursed age of self-monitoring
-The country’s hardest-working art thief
-How do pros get people to leave cults?
-The Biggest Failure in a Century of Sneakers

ritholtz.com/2025/11/10-w...

Year-over-year gains in REAL earnings are slipping: 2.0% last year, 1.3% in July, 1.1% in August, and now 0.8%...

Job growth has averaged 40k since April, all of it in healthcare. It averaged 170k a month in 2024. (via Dean Baker)

10 Friday AM Reads - The Big Picture My end-of-week morning train WFH reads: • Why the Time Has Finally Come for Geothermal Energy: It used to be that drawing heat from deep in the Earth was practical only in geyser-filled places such as...

10 Friday Reads:

-Offshoring America’s Retirement Savings
-Private Equity Loan Revolution
-Maxxing Out Your 401k,
-AI's White-Collar Bloodbath
-The Business of Beauty
-Climate Shock Eroding Home Values
-Is Trump Losing His Groove?

ritholtz.com/2025/11/10-f...

The growing problem with China’s unreliable numbers Beijing’s GDP figures have drawn scrutiny for years but the questions have become more acute

The growing problem with China’s unreliable numbers:

Beijing’s GDP figures have drawn scrutiny for years but the questions have become more acute.

www.ft.com/content/5b9e...

Amazing: The most successful ETF introduction of recent memory, iShares Bitcoin Trust ETF (IBIT), is negative YTD, down 3.2%...

Everyone Inside America’s Most Flailing Destination City Has a Theory for What’s Wrong. Now I Have My Own. It defines the American experience like no other. People are no longer buying.

Lost Vegas: An entire city built on Human Beings' Innumeracy - how could this possibly go wrong?

slate.com/business/202...

10 Thursday AM Reads - The Big Picture My morning train WFH reads: • Is $200 Million the New $100 Million in Luxury Real Estate? A surge of ultra-rich buyers has pushed asking prices to new extremes, yet many headline-grabbing megamansions...

10 Thursday Reads:

-$1 Trillion Crypto Wipe Out
-The Shrink Funds Call When Their Traders Start Losing Money
-The running industrial complex
-Steve Bannon: Jeffrey Epstein adviser
-10 Things We Can Learn From Warren Buffett (That Have Nothing to Do With Money)

+ more!
ritholtz.com/2025/11/10-t...

Alle Investoren – ob Anfänger oder Profi – sind auf der Suche nach der perfekten Strategie. Zeitverschwendung, sagt der Finanzblogger und Vermögensverwalter Barry Ritholtz. Es reicht aus, weniger Fehler zu machen als die anderen. Denn auch wenn man Tausend Dinge richtig macht, kann ein einziger.

How Not to Invest: Now in German! - The Big Picture “I’m thrilled to announce that my book, “How Not to Invest,” is now also available in German! Regardless of the language, I highlight the most common pitfalls and mistakes in investing. It’s not the p...

No, really!

How Not to Invest: Now in German!

ritholtz.com/2025/11/hnti...