Quote of the Day
"The bigger risks one should be concerned about are the ones that don’t appear in any of the year-end literature coming from Wall Street. These are the unknown unknowns."
(Joshua Brown)
Fund management
- The growth in the Microstrategy ETF ecosystem is unprecedented. (on.ft.com)
- The proposed Strive Bitcoin Bond ETF will invest in the debt of companies buying Bitcoin. (etf.com)
- Vanguard has struck a deal with the FDIC about its big bank holdings. (on.ft.com)
Global
- What's behind the slowdown in Chinese productivity? (noahpinion.blog)
- Russia shot down another civilian airliner. (nbcnews.com)
- A unified Syria is a pipe dream. (unherd.com)
- Why criticism of Qatar is ramping up. (politico.com)
- Greeks DGAF about indoor smoking bans. (nytimes.com)
Immigration
- Immigration opponents have turned their aim to Indian H1-B visa holders. (noahpinion.blog)
- The economic case for H1-B visa is strong. (gregmankiw.blogspot.com)
- Trump was against H1-B visas before he was for them. (msn.com)
Policy
- How the second Trump administration will be different. (foreignaffairs.com)
- Some municipalities are saying 'no' to more data center construction. (wsj.com)
- American politicians have an age problem. (theatlantic.com)
- Homelessness hit a new high in 2024. (axios.com)
Economy
- Higher productivity growth solves a lot of problems. (wsj.com)
- On the economic effects of a Walmart ($WMT) on small town economies. (theatlantic.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)
