Monday links: hard choices

MarketsLuke Kawa, "The idea that the stock market is always and everywhere rooting for lower interest rates, even if it requires outright weakness in the US job market to get them, is not consistently borne out by the data, to say the least." (sherwood.news)Bond yields are rising around the globe, not just the U.S. (wsj.com)Fund managementDon't confuse 'yield' for a return of capital. (jeffreyptak.substack.com)Private company shares in an ETF can get complicated, quickly. (davenadig.substack.com)The case against private equity in 401(k) plans. (advisorperspectives.com)FireFirefighting can only do so much. (theatlantic.com)Why canyons are so difficult for firefighters to operate. (wsj.com)Loss estimates are only getting bigger. (axios.com)A lot of middle class Californians have a big chunk of their wealth in their homes. (wsj.com)LA just can't rebuild as before. (variety.com)Earlier on Abnormal ReturnsAdviser links: success rates. (abnormalreturns.com)What you missed in our Sunday linkfest. (abnormalreturns.com)Top clicks last week on the site. (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)Mixed mediaThe best creators have an authentic relationship with their fans. (calnewport.com)AGI or not, what does a world awash in AI look like? (oneusefulthing.org)

Jan 14, 2025 - 15:33
Monday links: hard choices