Friday links: opacity and complexity
1 month ago
2 MIN READ
Markets
- It’s hard to squeeze a stock higher, if there are no shorts to squeeze. (sherwood.news)
- You can safely ignore all the year-end market forecasts. (nytimes.com)
- The hastag is dead. Long live the cashtag. (howardlindzon.com)
Crypto
- The ethos of Bitcoin backers has done a 180 turn with them now trying to force it down everyone’s throat. (jpkoning.blogspot.com)
- Crypto types don’t like public criticism. (theblock.co)
- Who holds the most Bitcoin? (scheplick.com)
- There is a reason why criminals have turned to crypto. (paulkrugman.substack.com)
Companies
- Why Novo Nordisk ($NVO) shares dropped on trial results from CagriSema. (marketwatch.com)
- Companies are spending like crazy on data centers. (axios.com)
- Companies are talking more about tariffs. (apolloacademy.com)
Sports
- How Phil Knight’s money helped turn Oregon into a college football powerhouse. (bloomberg.com)
- How Ryan Smith became the king of Utah sports. (espn.com)
- The average NBA team is now worth some $4.6 billion. (sportico.com)
Economy
- The November PCE price index, excluding food and energy, was up 2.8% year-over-year. (calculatedriskblog.com)
- How much can you credit the Fed for bring inflation down? (klementoninvesting.substack.com)
Earlier on Abnormal Returns
- Podcast links: technological diffusion. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the language of economics. (abnormalreturns.com)
- No one is looking out for you when it comes to sports gambling. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Have you signed up for daily e-mail newsletter? Well, you should. (abnormalreturns.com)
Mixed media
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