- The Art of Doing Financial Engineering↗ 3 Oct 2026
As AI capex demands reach $7.6–8.0 trillion through 2030, traditional bond markets fall short by $6.3 trillion. Financial engineers are inventing new debt structures—from infrastructure debt to asset-backed finance—echoing the rail-boom financing innovation of the 1870s–1890s. This playbook could mask accumulating risk.
- The Agents Revolt↗ 25 Sept 2026
Meta's Muse and similar AI agents are automating financial tasks like insurance shopping and travel booking with frictionless efficiency, threatening incumbents' reliance on customer inertia—and opening new distribution channels for financial services.
- Brookfield of Dreams↗ 19 Sept 2026
Brookfield, a $1.3 trillion asset manager with roots in real estate and infrastructure, is pivoting into AI compute and data center financing as part of Nvidia's $500 billion capital mobilization effort. CEO Bruce Flatt aims to double AUM again in five years while competing across private equity, credit, and insurance—a strategy that draws both praise and skepticism from industry peers.
- The Five Deals That Made Apollo↗ 11 Sept 2026
Net Interest examines five transformative deals—Executive Life, Caesars, LyondellBasell, Athene, and Intel—that shaped Apollo Global Management into a $1 trillion asset manager straddling insurance and asset management.
- Hot European Summer↗ 4 Sept 2026
European equities are outperforming global peers despite macro headwinds, but retail investor participation lags the US due to tax policy, gambling alternatives, and fragmented market structure—creating a potential opportunity as policymakers work to broaden market access.
- Untangling Guggenheim↗ 28 Aug 2026
Guggenheim Partners used insurance companies it controlled to funnel over $5 billion into affiliated investments and loans, including $1+ billion for the Dodgers acquisition, creating regulatory conflicts and prompting federal investigation into undisclosed related-party transactions across the private credit industry.
- Great Scott↗ 21 Aug 2026
Scott Bessent, US Treasury Secretary and self-styled "top bond salesman," faces rising Treasury yields despite record debt issuance, as interest costs on $40+ trillion in government debt now exceed defense spending—prompting interventions and warnings from leading investors about an approaching fiscal crisis.
- Financing the AI Boom 3↗ 14 Aug 2026
GPU rental prices are surging despite forecasts of decline, enabling major institutional investors—Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, KKR—to mobilize $500B+ to finance AI infrastructure as a durable, financeable asset class similar to mortgages or aircraft leases.
- Leopold’s Fall↗ 3 Aug 2026
Leopold Aschenbrenner's $45 billion hedge fund collapsed in July after violating Steve Cohen's cardinal rules: illiquidity, leverage, and concentration. The piece traces parallels to past blow-ups like Amaranth Advisors, examining whether star traders can rebuild after catastrophic losses.
- PayPal, Declined 24 Jul 2026
- Too Big to Succeed 17 Jul 2026
- Options for Everyone 10 Jul 2026
- Stretch Marks 3 Jul 2026
- Duffy’s Last Dance 26 Jun 2026
- The Transfer Market 19 Jun 2026
- Jules Rimet Still Gleaming 12 Jun 2026
- When the Ducks are Quacking 5 Jun 2026
- Strategy Follows Structure 29 May 2026
- Griffin’s Doors 22 May 2026
- The Future of IR 15 May 2026
- Bye the Index 8 May 2026
- Money for Nothing 1 May 2026
- Apple Turnover 24 Apr 2026
- Defying the Surveys 17 Apr 2026
- Shuffling Risk 10 Apr 2026
- NEW POD! The Race to Secure a Bank Charter with Adam Shapiro of Klaros Group 31 Mar 2026
- Revolut Unbound 27 Mar 2026
- The Underwriters of Hormuz 20 Mar 2026
- NEW POD! Market Intelligence in the Age of AI with Morningstar CEO, Kunal Kapoor 17 Mar 2026
- Redemption Day 13 Mar 2026