Sunday links: fighting over a dead squirrel
MarketsBeware analysts waving away complications. (tker.co)Thinking about the Mag Seven stocks as one big conglomerate. (brklyninvestor.com)Why it's harder to stay the course with a individual company vs. the market index. (newsletter.rationalwalk.com)Why bubbles may repeat. (acadian-asset.com)FinanceThe private equity industry is increasingly dominated by the 'big six.' (wsj.com)The UK investment industry doesn't have patience for Boaz Weinstein. (wsj.com)ETFsThe U.S. ETF market is booming. (riabiz.com)Buffer ETFs are a solution in search of a problem. (morningstar.com)MuskCompanies that Elon Musk controls have generated some $20 billion in revenue from federal contracts over the past five years. (fortune.com)Musk-controlled companies have in the past relied on undocumented workers. (bloomberg.com)Banks have largely gotten themselves out from under their Twitter buyout loans. (ft.com)ICEICE is struggling to increase its arrest numbers. (msn.com)The bottlenecks that are preventing mass deportations, for now. (axios.com)ICE wants you to think it is doing more than it is. (theguardian.com)CFPBIt's not just about crypto. The elimination of the CFPB means open season on American consumers. (paulkrugman.substack.com)The elimination of the CFPB also creates uncertainty for financial institutions. (nationalmortgageprofessional.com)Ending the CFPB isn't exactly a populist position. (ft.com)DemocracyThe GOP supported the National Endowment for Democracy until Musk took note. (politico.com)By this global measure, the U.S. is no longer all that democratic. (danieldrezner.substack.com)DOGERepublicans in Congress are apparently okay with Musk running roughshod through the government. (theatlantic.com)Why officials have the obligation to say no to unlawful DOGE demands. (techdirt.com)DOGE is an assault on the idea of civil service. (theatlantic.com)Why DOGE is unconstitutional. (washingtonpost.com)PolicyWant to cut federal spending? Cut private contractors. (theatlantic.com)Contrary to campaign assurances, the Trump administration is filled with Project 2025 authors. (axios.com)Trump 2.0 is hellbent on accelerating climate change. (newyorker.com)Halting clinical trials is dangerous and unethical. (statnews.com)The cruelty is the point. (theatlantic.com)GlobalWhy Europe needs to step up efforts to boost their economies (and militaries). (noahpinion.blog)China's demographic decline is accelerating. (ft.com)America's enemies likely see an opening amid the chaos. (theatlantic.com)Japan is finally taking steps toward real reform. (konichivalue.com)EconomySome signs of continued economic growth. (apolloacademy.com)Is policy uncertainty going to hold back the economy? (nytimes.com)It's hard to have kids without someplace to live. (papers.ssrn.com)The economic schedule for the coming week. (calculatedriskblog.com)Earlier on Abnormal ReturnsTop clicks this week on the site. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)Mixed mediaJohn Gruber, "Different doesn’t always mean better. But better necessarily implies different." (daringfireball.net)Do you really need AI notetakers to record every work meeting? (bloomberg.com)Two non-negotiable rules for work. (blogs.cfainstitute.org)
Markets
- Beware analysts waving away complications. (tker.co)
- Thinking about the Mag Seven stocks as one big conglomerate. (brklyninvestor.com)
- Why it's harder to stay the course with a individual company vs. the market index. (newsletter.rationalwalk.com)
- Why bubbles may repeat. (acadian-asset.com)
Finance
- The private equity industry is increasingly dominated by the 'big six.' (wsj.com)
- The UK investment industry doesn't have patience for Boaz Weinstein. (wsj.com)
ETFs
- The U.S. ETF market is booming. (riabiz.com)
- Buffer ETFs are a solution in search of a problem. (morningstar.com)
Musk
- Companies that Elon Musk controls have generated some $20 billion in revenue from federal contracts over the past five years. (fortune.com)
- Musk-controlled companies have in the past relied on undocumented workers. (bloomberg.com)
- Banks have largely gotten themselves out from under their Twitter buyout loans. (ft.com)
ICE
- ICE is struggling to increase its arrest numbers. (msn.com)
- The bottlenecks that are preventing mass deportations, for now. (axios.com)
- ICE wants you to think it is doing more than it is. (theguardian.com)
CFPB
- It's not just about crypto. The elimination of the CFPB means open season on American consumers. (paulkrugman.substack.com)
- The elimination of the CFPB also creates uncertainty for financial institutions. (nationalmortgageprofessional.com)
- Ending the CFPB isn't exactly a populist position. (ft.com)
Democracy
- The GOP supported the National Endowment for Democracy until Musk took note. (politico.com)
- By this global measure, the U.S. is no longer all that democratic. (danieldrezner.substack.com)
DOGE
- Republicans in Congress are apparently okay with Musk running roughshod through the government. (theatlantic.com)
- Why officials have the obligation to say no to unlawful DOGE demands. (techdirt.com)
- DOGE is an assault on the idea of civil service. (theatlantic.com)
- Why DOGE is unconstitutional. (washingtonpost.com)
Policy
- Want to cut federal spending? Cut private contractors. (theatlantic.com)
- Contrary to campaign assurances, the Trump administration is filled with Project 2025 authors. (axios.com)
- Trump 2.0 is hellbent on accelerating climate change. (newyorker.com)
- Halting clinical trials is dangerous and unethical. (statnews.com)
- The cruelty is the point. (theatlantic.com)
Global
- Why Europe needs to step up efforts to boost their economies (and militaries). (noahpinion.blog)
- China's demographic decline is accelerating. (ft.com)
- America's enemies likely see an opening amid the chaos. (theatlantic.com)
- Japan is finally taking steps toward real reform. (konichivalue.com)
Economy
- Some signs of continued economic growth. (apolloacademy.com)
- Is policy uncertainty going to hold back the economy? (nytimes.com)
- It's hard to have kids without someplace to live. (papers.ssrn.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
