Sunday links: remaining humble
Rates30-year mortgage rates are once again above 7.0% (mortgagenewsdaily.com)TIPS are getting hurt worse than nominal Treasurys. (fa-mag.com)Some explanations for the Treasury sell-off. (mortgagenewsdaily.com)Treasury volatility is crazy high. (mrzepczynski.blogspot.com)If the U.S. Treasury market isn't the global safe haven, what is? (nytimes.com)MarketsHow good is the P/E ratio if E is uncertain? (tker.co)The stock market bottoms before the economy. (downtownjoshbrown.com)Buy-and-hold investors just keep buying. (theirrelevantinvestor.com)StrategyDuring periods of market turmoil people want feel like they some control. (awealthofcommonsense.com)How to properly diversify your portfolio. (humbledollar.com)CryptoTrying to put a number on how much the Trump family has profited from crypto. (bloomberg.com)The crypto industry's lobbying effort has paid off, big time. (nytimes.com)CompaniesThe number one job of any company is not to go bankrupt. (polymathinvestor.com)Mammoth, i.e. Harry's Razor Brand, wants to become a consumer goods giant. (nytimes.com)Evan McMurray, "Facebook’s final form is not digital connector, but digital bazaar." (theatlantic.com)TariffsSmartphones and computer are now exempt from reciprocal tariffs. (cnbc.com)How Tim Cook got Apple ($AAPL) off the hook from tariffs. (wsj.com)Why U.S. spirit makers get caught up in every global trade spat. (nytimes.com)Tracking the ever changing tariff rates is a challenge. (apricitas.io)Tariff uncertainty goes up by the day. (paulkrugman.substack.com)ChinaChina has plenty of options to cause the U.S. economic pain. (axios.com)Why tariffs are a strategic gift to China. (wsj.com)PowerMost of Trump's biggest moves are based upon long forgotten 'emergency powers.' (vox.com)Chemerinsky and Tribe, "If the government can disappear any people it wishes, dump them in a Salvadoran dungeon and prevent any court in this country from providing relief, we all should be very, very afraid." (nytimes.com)The Presidency has been ascendant for decades now. (edgyoptimist.substack.com)VotingThe President has no constitutional authority in the conduct of elections. (theatlantic.com)Congress has no constitutional role in establishing voter qualifications. (slate.com)It's clear that Trump isn't over his 2020 election loss. (wapo.st)GovernmentHHS is in turmoil. (politico.com)The oversight of generic drugs is now in doubt. (thefdalawblog.com)Despite claims to the contrary, USAID is cutting lifesaving aid programs. (msn.com)The Forest Service is now less capable of fighting fires. (propublica.org)More than 13 million Americans almost totally reliant on Social Security for retirement income. (crr.bc.edu)DOGE has a hard time itemizing its 'savings.' (nytimes.com)Economy2025 Q1 GDP is tracking around 0% growth. (calculatedriskblog.com)Economic policy uncertainty is at a record high. (econbrowser.com)Tariff talk is not helping consumer sentiment. (econbrowser.com)Tariffs are a real challenge for the Fed. (mikekonczal.substack.com)The economic schedule, as it were, for the coming week. (calculatedriskblog.com)Earlier on Abnormal ReturnsTop clicks last week on the site. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)Mixed mediaIndoor golf isn't as good as outdoor, but that doesn't mean it doesn't have some charms. (wsj.com)Why A1 steak sauce is in the news. (fastcompany.com)'The Pitt' is as good as people say. (danieldrezner.substack.com)
Rates
- 30-year mortgage rates are once again above 7.0% (mortgagenewsdaily.com)
- TIPS are getting hurt worse than nominal Treasurys. (fa-mag.com)
- Some explanations for the Treasury sell-off. (mortgagenewsdaily.com)
- Treasury volatility is crazy high. (mrzepczynski.blogspot.com)
- If the U.S. Treasury market isn't the global safe haven, what is? (nytimes.com)
Markets
- How good is the P/E ratio if E is uncertain? (tker.co)
- The stock market bottoms before the economy. (downtownjoshbrown.com)
- Buy-and-hold investors just keep buying. (theirrelevantinvestor.com)
Strategy
- During periods of market turmoil people want feel like they some control. (awealthofcommonsense.com)
- How to properly diversify your portfolio. (humbledollar.com)
Crypto
- Trying to put a number on how much the Trump family has profited from crypto. (bloomberg.com)
- The crypto industry's lobbying effort has paid off, big time. (nytimes.com)
Companies
- The number one job of any company is not to go bankrupt. (polymathinvestor.com)
- Mammoth, i.e. Harry's Razor Brand, wants to become a consumer goods giant. (nytimes.com)
- Evan McMurray, "Facebook’s final form is not digital connector, but digital bazaar." (theatlantic.com)
Tariffs
- Smartphones and computer are now exempt from reciprocal tariffs. (cnbc.com)
- How Tim Cook got Apple ($AAPL) off the hook from tariffs. (wsj.com)
- Why U.S. spirit makers get caught up in every global trade spat. (nytimes.com)
- Tracking the ever changing tariff rates is a challenge. (apricitas.io)
- Tariff uncertainty goes up by the day. (paulkrugman.substack.com)
China
- China has plenty of options to cause the U.S. economic pain. (axios.com)
- Why tariffs are a strategic gift to China. (wsj.com)
Power
- Most of Trump's biggest moves are based upon long forgotten 'emergency powers.' (vox.com)
- Chemerinsky and Tribe, "If the government can disappear any people it wishes, dump them in a Salvadoran dungeon and prevent any court in this country from providing relief, we all should be very, very afraid." (nytimes.com)
- The Presidency has been ascendant for decades now. (edgyoptimist.substack.com)
Voting
- The President has no constitutional authority in the conduct of elections. (theatlantic.com)
- Congress has no constitutional role in establishing voter qualifications. (slate.com)
- It's clear that Trump isn't over his 2020 election loss. (wapo.st)
Government
- HHS is in turmoil. (politico.com)
- The oversight of generic drugs is now in doubt. (thefdalawblog.com)
- Despite claims to the contrary, USAID is cutting lifesaving aid programs. (msn.com)
- The Forest Service is now less capable of fighting fires. (propublica.org)
- More than 13 million Americans almost totally reliant on Social Security for retirement income. (crr.bc.edu)
- DOGE has a hard time itemizing its 'savings.' (nytimes.com)
Economy
- 2025 Q1 GDP is tracking around 0% growth. (calculatedriskblog.com)
- Economic policy uncertainty is at a record high. (econbrowser.com)
- Tariff talk is not helping consumer sentiment. (econbrowser.com)
- Tariffs are a real challenge for the Fed. (mikekonczal.substack.com)
- The economic schedule, as it were, for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)
