Quote of the Day
"May all those angry attention-seekers one day find effective therapists! But in the meantime: screw them. Every single person reading this has better things to be doing with their limited time on the planet."
(Oliver Burkeman)
Strategy
- Why permabears are they way they are. (downtownjoshbrown.com)
- The stock market is standing by ready to vote on the administration's plans. (tker.co)
- The case for TIPS. (wsj.com)
Finance
- Endowment funds are seeing the downside of a big stake in private equity. (on.ft.com)
- Vanguard's S&P 500 ETF is now in second place in AUM gaining on the SPDR S&P 500 ETF ($SPY). (ft.com)
AI
- Data centers are the new warehouses. (bloomberg.com)
- How AI devastated Chegg's ($CHGG) business. (wsj.com)
- How much longer can scaling up current AI models work? (understandingai.org)
- Why work flows with AI need to change. (tomtunguz.com)
Election outcomes
- How inflation affected voting patterns. (agglomerations.substack.com)
- Americans voted for more curbs on property taxes. (wsj.com)
- The U.S. was not unique for throwing out the incumbent party. (reason.com)
- Ranked choice voting was largely rebuffed this cycle. (washingtonpost.com)
- Abortion rights mostly won when on the ballot. (theatlantic.com)
Municipalities
- More municipalities are trying to close homeless encampments. (nytimes.com)
- Why the District of Columbia is on edge. (politico.com)
- This Idaho department of public health has been barred from offering Covid vaccines. (nytimes.com)
Trump
- What's the best case for a Trump presidency? (marginalrevolution.com)
- There are now few checks on fiscal excess. (scottsumner.substack.com)
- Trump is the most successful huckster in American history. (edgyoptimist.substack.com)
- Have Americans simply stopped caring about scandal? (theatlantic.com)
Economy
- One of the challenges for Fed officials face is that monetary lags change over time. (klementoninvesting.substack.com)
- How would mass deportation affect the American economy? (econbrowser.com)
- On the odds of a recession before 2026. (econbrowser.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)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
