Sunday links: frictionless gambling
Tadas Viskanta
Abnormal Returns
20 hours ago
2 MIN READ
Markets
- Average years in the stock market are relatively rare. (carsongroup.com)
- It’s going on two decades since we had a long bear market. (awealthofcommonsense.com)
- The P/E for the S&P 500 is pretty much flat on the year. (chartkidmatt.com)
- Global equity market correlations have been falling. (mrzepczynski.blogspot.com)
Crime and punishment
- Homicide rates continue to fall in 2025. (wapo.st)
- The FBI director is as focused on punishing FBI employees as he is on punishing actual criminals. (newyorker.com)
- DHS is now laser focused on deportations, to the exclusion of everything else. (nytimes.com)
- Trump has issued nearly 2,000 pardons YTD. (newyorker.com)
Policy
- The impact of the government shutdown will continue for awhile. (theatlantic.com)
- SNAP benefits are back, but millions are set to be kicked off anyway. (politico.com)
- Domestic explosive manufacturing largely ‘polices itself.’ (wsj.com)
- We stopped making pennies, but there are still some 300 billion in circulation. (theatlantic.com)
- Maybe American democracy is more resilient than we think. (marginalrevolution.com)
Economy
- Why Americans are feeling the effects of inflation. (crr.bc.edu)
- An increasing number of Americans are going to lose their health insurance. (mirrorindy.org)
- 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)
- Freedom, democracy and long term stock market returns. (abnormalreturns.com)
- The great wealth transfer also includes a lot of unwanted stuff. (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
- The best books of 2025 including “The Genius Myth” by Helen Lewis. (economist.com)
- The best non-fiction books of 2025 including “John & Paul: A Love Story in Songs” by Ian Leslie. (marginalrevolution.com)
- Why you should read “Enshittification: Why Everything Suddenly Got Worse and What to Do About It” by Cory Doctorow. (feld.com)
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