Finance Battery maker CATL is now public. (semafor.com) The SEC is losing staff and its willingness to enforce rules. (on.ft.com) Fund management Timing the market is hard: the case of the Pacer Trendpilot US Large Cap ETF ($PTLC). (morningstar.com)...

Markets 2024 is the year of the megacap. (bilello.blog) Why market strategists are ditching S&P 500 price targets. (axios.com) Indexing Just how much has indexing affected markets? (institutionalinvestor.com) Why indexing will never take over the...

Markets Has equity market sentiment gotten too frothy? (sherwood.news) It doesn’t mean corrections can’t happen, but It’s hard to find fault with this market rally. (joefahmy.com) Crypto Robinhood ($HOOD) is launching tokenized US...

Podcasts Josh Brown and Michael Batnick talk advisor tech with fintech expert Jason Pereira. (youtube.com) Daniel Crosby talks with Cady North, Founder and CEO of North Financial Advisor, about planning for a sabbatical. (standarddeviationspod.com)...

Indexing What does an index of CTA returns actually measure? (mrzepczynski.blogspot.com) Why would anyone want to invest in an index of hedge fund returns? (ft.com) Diversification Bob Elliott, “While selection alpha is uncertain, the benefits...

Top clicks this week Why this is different than the GFC. (morningstar.com) What is the basis trade? (apolloacademy.com) ‘Sell America’ includes selling Treasurys. (morningstar.com) How long does it take for the stock market to recover from a...

Economy Cardiff Garcia talks with Jared Bernstein about the post-Bidenomics economy. (podcasts.apple.com) Laurence Kotlikoff talks with the FT’s Martin Wolf about the impact of Trump on the global economy.. (larrykotlikoff.substack.com) Russell...

Strategy Joe Wiggins, “Any investment is only as good as our ability not to make bad choices while we own it.” (behaviouralinvestment.com) Why so many market moves are seemingly paradoxical. (demystifyingmarkets.com) On the difference between...

Research Average performance can obscure some bad outcomes. (portfoliocharts.com) No matter where you look, momentum shows up. (alphaarchitect.com) Why don’t more investors use equal-weighted indices? (mrzepczynski.blogspot.com) How LLMs can be used...

Books A Q&A with Adam Chandler author of “99% Perspiration: A New Working History of the American Way of Life.” (smithsonianmag.com) Annie Duke talks with Kurt Gray, author of “Outraged: Why We Fight About Morality and Politics and How to...