Thursday links: cognitive surpluses
3 weeks ago
2 MIN READ
Markets
- It’s not unusual that the stock market experiences a double digit loss and then ends the year with a double digit gain. (awealthofcommonsense.com)
- A look at all the all-time highs that are happening. (allstarcharts.com)
- Stock market participation is broadening out. (chartkidmatt.com)
- Mid-cap stocks are breaking out. (trendlabs.com)
- Google’s ($GOOGL) market cap recently topped Apple’s ($AAPL). (cnbc.com)
- Can Google ($GOOGL) really create an AI-powered e-mail inbox? (spyglass.org)
- Google’s new Waymo van should be less expensive to build. (sherwood.news)
Finance
- Wells Fargo ($WFC) trails its rivals when it comes to investment banking revenue. (ft.com)
- JP Morgan Chase ($JPM) is taking over the Apple credit card business. (cnbc.com)
- Private equity always wins. The IRS has largely abandoned audits of private partnerships. (nytimes.com)
ETFs
- 2026 could see the first trillion-dollar AUM ETF. (etf.com)
- The Gabelli Opportunities in Live and Sports ETF ($GOLS) has launched. (sportico.com)
Journalism
- Pittsburgh is losing its newspaper, the Pittsburgh Post-Gazette. (niemanlab.org)
- The end of a newspaper need not be the end of journalism. (awfulannouncing.com)
- What the dissolution of the Corporation for Public Broadcasting could mean. (cjr.org)
Global
- Investors will soon be able to invest freely in Saudi stocks. (semafor.com)
- Traffic through the Suez Canal is still not back to normal. (gcaptain.com)
- How much did sanctions affect the Russian economy? (klementoninvesting.substack.com)
- The U.S. already has widespread access to Greenland. (nytimes.com)
- Pressure on the Iranian regime is growing. (theatlantic.com)
- A quick history of Venezuelan democracy. (rogerlowenstein.substack.com)
Economy
- We are still in a low fire-low hire economy. (bonddad.blogspot.com)
- The hiring gap between small and large employers is growing. (econbrowser.com)
- Is AI already driving productivity growth? (axios.com)
Earlier on Abnormal Returns
- Longform links: just-take-it culture. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: vaguely unhappy. (abnormalreturns.com)
- Our Q&A with Cullen Roche, author of “Your Perfect Portfolio: The Ultimate Guide to Using the World’s Most Powerful Investing Strategies.” (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
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