Quote of the Day
"AI is another 10 times 0 to 1 moment in history. Starting a business is at least 10 times easier and less expensive than the last 0 to 1 moment."
(Howard Lindzon)
Crypto
- The many ways crypto went mainstream. (barrons.com)
- Stablecoins are coming for mainstream users. (humbledollar.com)
- A look at the type of companies joining the Bitcoin treasury game. (ft.com)
Private assets
- What investors need to know about investing in private funds. (morningstar.com)
- Is Vanguard going to push down fees on private assets? (barrons.com)
AI
- Just how much AI is driving the economy and stock market. (tker.co)
- Want to start a hedge fund? Put AI front and center in the pitch. (wsj.com)
- AI is not a one-way street. The companies at-risk from disruption. (finance.yahoo.com)
- How ChatGPT is changing language usage. (theverge.com)
- ChatGPT-5 has some problems. (sherwood.news)
Apple
- Tim Cook's visit to the White House tells you all need to know. (daringfireball.net)
- Apple ($AAPL) stands out for its lack of capital spending. (spyglass.org)
Companies
- Companies are now coming to terms with tariffs. (nytimes.com)
- How much the different online companies make from the average user. (sherwood.news)
- The global insurance industry is trying to keep up with climate-related losses. (cnbc.com)
Crime
- In 2024, violent crime fell to its lowest rate in 2024. (axios.com)
- How Home Depot ($HD) and Lowes ($LOW) are helping ICE. (404media.co)
- A January 6th defendant now holds a senior role in the Justice Department. (npr.org)
Policy
- Why is the U.S. cutting back on intelligence efforts? (thebulwark.com)
- The USDA hasn't thoroughly thought through its relocation plans. (indianacapitalchronicle.com)
- Why destroy satellites that are capturing valuable data for farmers and scientists? (npr.org)
- The many ways the U.S. is becoming a banana republic. (scottsumner.substack.com)
Congress
- The CFPB has been gutted, but lawmakers keep referring constituents to the agency. (propublica.org)
- How Congress (and their spouses) travel in luxury on the dime of special interests. (indianacapitalchronicle.com)
- The congressman who campaigned against stock trading, trades like crazy. (semafor.com)
BLS
- Private firms can't replicate what the BLS does. (bloomberg.com)
- By this criteria, all the BLS commissioners who should have been fired. (econbrowser.com)
- Losing trust in government data would be hard to reverse. (nytimes.com)
Economy
- Is Las Vegas a canary in the coal mine for the U.S. economy or is something else going on? (npr.org)
- McDonald's ($MCD) is seeing a decline in breakfast traffic. (slate.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)
- The top 60 finance and investing blogs in 2025, including Abnormal Returns. (snippet.finance)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
