Quote of the Day
"People who limit their interactions to those they deem “obviously important” reveal that they don’t understand how complex systems work."
(Tom Morgan)
Strategy
- The stock market does a better job calling bottoms than tops. (awealthofcommonsense.com)
- Why market timing is so challenging. (tker.co)
Companies
Finance
- How AI data centers, i.e. debt, are funded matters. (axios.com)
- Robinhood ($HOOD) has its eyes on the UK market. (ft.com)
- Kalshi has quickly become dominated by sports. (nytimes.com)
Health
- Republican-leaning districts rely more heavily on the ACA insurance. (bloomberg.com)
- Why North Carolina's Healthy Opportunities Pilot is ending. (nytimes.com)
- How many people have died due to cutoff of U.S. medical aid? (washingtonpost.com)
Democracy
- American democracy has been backsliding for awhile. now. (paulkrugman.substack.com)
- U.S. democracy is losing its status around the world. (gelliottmorris.com)
Policy
- More localities are running into issues with FEMA. (wsj.com)
- Why Pittsburgh's revival is uniquely at-risk from the Trump administration. (bloomberg.com)
- Good luck trying to figure out where government money is going these days. (notus.org)
- The administration has shuttered long term thinking in foreign policy. (danieldrezner.substack.com)
- This would have been a major scandal in any prior administration. (wsj.com)
Economy
- On the weakness in the labor market. (carsongroup.com)
- Housing inventories are slowly rising. (advisorperspectives.com)
- The jobs market for PhD economists has crashed. (chrisbrunet.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Be more human, because the alternative is taken. (abnormalreturns.com)
- Don't miss out! Sign up for daily e-mail newsletter. (abnormalreturns.com)
