Wednesday links: the trust infrastructure
1 day ago
2 MIN READ
Markets
- The S&P 500 fell 4.98% in March 2026. (on.spdji.com)
- How major asset classes performed in March 2026. (capitalspectator.com)
Strategy
- What happens when you make it dramatically easier to invest. (awealthofcommonsense.com)
- We are risking the trust in capital markets. (tonyisola.com)
Crypto
- CoinShares ($CSHR) is now public, via a SPAC. (theblock.co)
- Strategy’s ($MSTR) Bitcoin stash is trading below its average cost. (ft.com)
Private assets
- Cliffwater is defending itself and private credit. (wsj.com)
- How T Rowe Price ($TROW) is building up its alternatives business. (riabiz.com)
- Why good governance matters for private assets. (rpc.cfainstitute.org)
Fund management
- Why Vanguard investors have cleaned up. (morningstar.com)
- The state of the 2026 ETF market. (etf.com)
- Another example of why low fees matter. (morningstar.com)
IPOs
Technology
- Rising DRAM prices are going to make your gadgets more expensive. (theatlantic.com)
- Apple ($AAPL) largely controls its own technology. (sixcolors.com)
- What one OpenAI buys you. (sherwood.news)
Europe
- How Zelesnky is using the Iran war to Ukraine’s advantage. (thebulwark.com)
- Why Hungary is awash in paranoid propaganda. (theatlantic.com)
- Hungary regularly shares EU intel with Russia. (semafor.com)
- Russia is cleaning up on higher commodity prices. (cnbc.com)
Economy
- Good ISM manufacturing news comes with a big caveat. (bonddad.blogspot.com)
- How global trade has changed since Liberation Day. (economist.com)
Earlier on Abnormal Returns
- Personal finance links: amazingly charitable. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: increasingly exotic signals. (abnormalreturns.com)
- Making peace with your inner critic. (abnormalreturns.com)
- Friction rules the world around us. (abnormalreturns.com)
- A repudiation of America’s values. (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
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