Quote of the Day
"There's no point beating yourself up for failing to clear a backlog (of unread books, undone tasks, unrealized dreams) that it was always inherently unfeasible to clear in the first place."
(Oliver Burkeman)
Rates
- The yield on the 30-year Treasury is back to 2002 levels. (barrons.com)
- Interest rates are reverting back to historical norms. (ritholtz.com)
- How much is the AI build out to blame for higher interest rates? (morningstar.com)
Debt
- Ben Johnson and Amy Arnott talks with Robin Wigglesworth, author of "A Fabulous Debt: The Epic Story of How Bonds Built the Modern World." (morningstar.com)
- An excerpt from "A Fabulous Debt: The Epic Story of How Bonds Built the Modern World" by Robin Wigglesworth. (bigthink.com)
Finance
- Robinhood ($HOOD) is doubling down on agentic trading. (wsj.com)
- Robinhood ($HOOD) is planning to add perpetual futures. (theblock.co)
ETFs
- Why ETF issuers need to be a tad more thoughtful. (etf.com)
- Simplify wants to buy the parent of USCF Investments. (etf.com)
Anthropic
- Anthropic need capital, IPO or not. (axios.com)
- The risks of Anthropic are lengthy and sometimes apocalyptic. (thegoogly.substack.com)
- So what does the Anthropic S-1 say? (theringer.com)
Meta
- How Meta ($META) characterizes its data centers for tax purposes. (etf.com)
- Why Meta's ($META) Muse has a cute mascot. (todayintabs.com)
- Muse really wants your personal data. (appleinsider.com)
Stay in touch
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
- Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)
Economy
- Another sign the consumer is in good shape. (bonddad.blogspot.com)
- Inflation is still hotter than we want. (carsongroup.com)
- Why the wealthiest Americans are getting even wealthier. (wsj.com)
Earlier on Abnormal Returns
- Personal finance links: the purpose of money. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: being taken seriously. (abnormalreturns.com)
