back

Tuesday links: extreme capriciousness

Markets

  • Rates are up all over the world. (axios.com)
  • Bonds and stocks are living in two different worlds. (mrzepczynski.blogspot.com)
  • Are one-time effects driving S&P 500 earnings? (axios.com)
  • The ERP is essentially zero. (wsj.com)

Finance

  • Public shareholders of SpaceX have no say in company governance. (ft.com)
  • The SEC and CFTC are largely on the sidelines. (nadig.com)
  • How the rise of AI driving M&A activity. (giftarticle.ft.com)
  • How startup dilution works. (ilyastrebulaev.substack.com)

ETFs

  • There are now more ETFs than stocks in the U.S. (apollo.com)
  • ETFs are taking share from mutual funds. What about hedge funds? (bloomberg.com)
  • The SEC isn't ready for prediction markets-backed ETFs. (thedailyupside.com)

Real estate

  • Charlotte is struggling with the consequences of rapid growth. (axios.com)
  • Downtown Denver has an office vacancy problem. (wsj.com)
  • The Avalonbay ($AVB) and Equity Residential ($EQR) merger is not coming from a position of strength. (wsj.com)
  • Why Idaho is allowing for smaller lot sizes. (msn.com)
  • Is the Midwest population exodus finally over? (wsj.com)

Global

  • Regime change and Cuba. What's the plan? (danieldrezner.substack.com)
  • The U.S. has lost credibility with Europe. (theatlantic.com)

Economy

  • National home prices, per Case-Shiller, rose 0.7% year-over-year. (calculatedrisk.substack.com)
  • What companies are saying about the consumer and AI. (thetranscript.substack.com)
  • The stock market did fine under Jerome Powell. (carsongroup.com)
  • Fixing inflation isn't easy. (semafor.com)

Earlier on Abnormal Returns

  • Research links: waves of disruption. (abnormalreturns.com)
  • Adviser links: living well. (abnormalreturns.com)
  • What you missed in our Sunday linkfest. (abnormalreturns.com)
  • Top clicks last week on Abnormal Returns. (abnormalreturns.com)
  • Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)

Mixed media

  • AI has broken trust between teachers and students. (newyorker.com)
  • You can't run a literary contest and ignore AI. (theargumentmag.com)
  • Humans have experiences. AI doesn't. (ofdollarsanddata.com)