Thursday links: creating lasting change
April 2025The S&P 500 returned -0.68% in April 2025. (on.spdji.com)How major asset classes performed in April 2025. (capitalspectator.com)CryptoCrypto trading is coming to E*Trade. (fa-mag.com)How Trump came to embrace crypto. (theatlantic.com)Berkshire HathawayWarren Buffett has been in charge of Berkshire Hathaway ($BRK.A) for 60 years now. (newsletter.rationalwalk.com)What it really means to invest like Warren Buffett. (surfacearea.beehiiv.com)Fund managementAsset managers can't resist offering private assets to individual investors. (economist.com)State Street ($STT) is working with Carlyle ($CG) to bring private markets exposure to individual investors. (wealthmanagement.com)Big TechBig tech companies continue to spend big on AI capex. (sherwood.news)Apple ($AAPL) is finally going to have to deal with App Store reality. (spyglass.org)GLP-1sEli Lilly ($LLY) has positioned themselves as the long term winner in this space. (barrons.com)Why Novo Nordisk ($NVO) is seemingly lagging Eli Lilly ($LLY) in weight loss drugs. (wsj.com)Even with their high costs, GLP-1 drugs are cost effective for insurers. (fastcompany.com)Health policyWhy National Institutes of Health director Francis Collins felt the need to resign. (axios.com)Success in treating cancer has come in part from federal research support. (theconversation.com)The VA has been a key player in clinical studies. (npr.org)RussiaDon't expect Trump to confront Putin any time soon. (theatlantic.com)Russia apparently tortured and killed Ukrainian journalist Viktoriia Roshchyna. (theguardian.com)How Russia is dealing with its demographic free fall. (theatlantic.com)EconomyKeep an eye on the labor market for signs of a recession. (disciplinefunds.com)Weekly initial unemployment claims jumped. Is this the beginning of a trend? (bonddad.blogspot.com)The April ISM Manufacturing report came in at 48.7%, down for the second month. (calculatedriskblog.com)The volatility of GDP is only going to increase. (apricitas.io)Signs of a recession are piling up. (econbrowser.com)Earlier on Abnormal ReturnsLongform links: economic surrealism. (abnormalreturns.com)What you missed in our Wednesday linkfest. (abnormalreturns.com)Personal finance links: fooling yourself. (abnormalreturns.com)Are you a financial advisor? Then sign up for our weekly advisor-only newsletter. (newsletter.abnormalreturns.com)Mixed mediaBrian Klass, "We have collectively engineered a modern social environment that, by design, replaces deep and meaningful connections with shallow ties that invite superficial, isolating digital comparisons." (forkingpaths.co)Why young people are seemingly so unhappy. (theatlantic.com)
April 2025
- The S&P 500 returned -0.68% in April 2025. (on.spdji.com)
- How major asset classes performed in April 2025. (capitalspectator.com)
Crypto
- Crypto trading is coming to E*Trade. (fa-mag.com)
- How Trump came to embrace crypto. (theatlantic.com)
Berkshire Hathaway
- Warren Buffett has been in charge of Berkshire Hathaway ($BRK.A) for 60 years now. (newsletter.rationalwalk.com)
- What it really means to invest like Warren Buffett. (surfacearea.beehiiv.com)
Fund management
- Asset managers can't resist offering private assets to individual investors. (economist.com)
- State Street ($STT) is working with Carlyle ($CG) to bring private markets exposure to individual investors. (wealthmanagement.com)
Big Tech
- Big tech companies continue to spend big on AI capex. (sherwood.news)
- Apple ($AAPL) is finally going to have to deal with App Store reality. (spyglass.org)
GLP-1s
- Eli Lilly ($LLY) has positioned themselves as the long term winner in this space. (barrons.com)
- Why Novo Nordisk ($NVO) is seemingly lagging Eli Lilly ($LLY) in weight loss drugs. (wsj.com)
- Even with their high costs, GLP-1 drugs are cost effective for insurers. (fastcompany.com)
Health policy
- Why National Institutes of Health director Francis Collins felt the need to resign. (axios.com)
- Success in treating cancer has come in part from federal research support. (theconversation.com)
- The VA has been a key player in clinical studies. (npr.org)
Russia
- Don't expect Trump to confront Putin any time soon. (theatlantic.com)
- Russia apparently tortured and killed Ukrainian journalist Viktoriia Roshchyna. (theguardian.com)
- How Russia is dealing with its demographic free fall. (theatlantic.com)
Economy
- Keep an eye on the labor market for signs of a recession. (disciplinefunds.com)
- Weekly initial unemployment claims jumped. Is this the beginning of a trend? (bonddad.blogspot.com)
- The April ISM Manufacturing report came in at 48.7%, down for the second month. (calculatedriskblog.com)
- The volatility of GDP is only going to increase. (apricitas.io)
- Signs of a recession are piling up. (econbrowser.com)
Earlier on Abnormal Returns
- Longform links: economic surrealism. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: fooling yourself. (abnormalreturns.com)
- Are you a financial advisor? Then sign up for our weekly advisor-only newsletter. (newsletter.abnormalreturns.com)
