This is what my morning commuter train says:

• Peter Navarro: “We will not soften our stance on China”: Trump’s longtime trade adviser discusses tariffs, interactions with the Chinese government, and a Supreme Court case that could shape Trump’s legacy.

• U.S. prosecutors begin criminal inquiry into Federal Reserve Chairman Jay Powell: The chairman of the central bank claims the grand jury subpoena is retaliation for resisting calls for rate cuts.

• How Google bounced back and surpassed OpenAI: Following the ChatGPT surge in the chatbot arena, Google launched a robust AI model, marking a significant overhaul of the search engine landscape.

• Year of $100 million homes: For the first time, every luxury property on the list of the Top 10 Biggest Sales of 2025 sold for nine figures or more.

• 10 lessons the market taught us in 2025: Here are insights gleaned from market actions this year. Even Warren Buffett faced challenges in consistently beating the market.

• One of America’s most successful experiments is nearing its end: This is what many Indian Americans are asking as they contend with a disturbing rise in anti-Indian sentiment, which takes form primarily on social media.

• More than 10% of parliament won’t return after 2026: Over a tenth of current congressional members have stated they do not plan to serve beyond the 2026 midterm elections, citing various reasons like redistricting and retirement.

• Cuba is on the edge; Maduro’s ouster might bring it closer to collapse: With critical Venezuelan oil imports at risk, Cubans are left wondering if their government could be next to fall.

• We are all le Carré’s people now: When reflecting on the complexity of our world, we recognize our own realities mirrored in his writings.

• Guidebook for effective writing practices: Insights from an interview with Rob McLennan.

Wells Fargo’s economic analysis this year.

Check out the ongoing interviews and discussions on how narratives shape markets and behavior.