Tuesday links: the range of outcomes
LiquidityThe bid-ask spread on corporate bonds has blown out. (apolloacademy.com)Junk bond spreads have surged. (ft.com)DiversificationDiversification means seeing parts of your portfolio underperforming. (ofdollarsanddata.com)Diversification is a risk management tool. (behaviouralinvestment.com)MetaInstagram is Meta's ($META) lifeboat. (spyglass.org)That's not to say that Instagram is actually good. (garbageday.email)AIOpenAI has a burn rate problem. (wheresyoured.at)OpenAI is purportedly building a social network. (theverge.com)What do AI company logos have in common? (velvetshark.com)FinanceWall Street types now feel like they misread Trump's priorities. (on.ft.com)Blackstone ($BX) is working with Vanguard to get private assets into portfolios. (wsj.com)Goldman Sachs ($GS) is a big fan of its corporate jets. (riabiz.com)MedicinePfizer ($PFE) has dropped another anti-obesity pill. (biopharmadive.com)How a monoclonal antibody could be used to treat seasonal allergies. (vox.com)Some good long term results for a RSV vaccine. (newatlas.com)TariffsWhat are best and worst cases for tariffs for the American economy? (ritholtz.com)The message that tariffs send to America's allies and how China is taking advantage. (theatlantic.com)China has paused delivery of Boeing ($BA) aircraft. (cbsnews.com)Supply chains are frozen as uncertainty abounds. (sherwood.news)Tariffs are a discriminatory tax. (mrzepczynski.blogspot.com)Earlier on Abnormal ReturnsResearch links: expected value. (abnormalreturns.com)What you missed in our Monday linkfest. (abnormalreturns.com)Adviser links: seeing the future. (abnormalreturns.com)You can now follow us on Bluesky. (bsky.app)Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)Mixed mediaJen Vafidis, "Whether you want something does not mean you’ll get it, obviously; just ask any working actor." (defector.com)The Streisand effect at work: the case of banned books. (marginalrevolution.com)Why Lego sets are targeted by thieves. (nytimes.com)
Liquidity
- The bid-ask spread on corporate bonds has blown out. (apolloacademy.com)
- Junk bond spreads have surged. (ft.com)
Diversification
- Diversification means seeing parts of your portfolio underperforming. (ofdollarsanddata.com)
- Diversification is a risk management tool. (behaviouralinvestment.com)
Meta
- Instagram is Meta's ($META) lifeboat. (spyglass.org)
- That's not to say that Instagram is actually good. (garbageday.email)
AI
- OpenAI has a burn rate problem. (wheresyoured.at)
- OpenAI is purportedly building a social network. (theverge.com)
- What do AI company logos have in common? (velvetshark.com)
Finance
- Wall Street types now feel like they misread Trump's priorities. (on.ft.com)
- Blackstone ($BX) is working with Vanguard to get private assets into portfolios. (wsj.com)
- Goldman Sachs ($GS) is a big fan of its corporate jets. (riabiz.com)
Medicine
- Pfizer ($PFE) has dropped another anti-obesity pill. (biopharmadive.com)
- How a monoclonal antibody could be used to treat seasonal allergies. (vox.com)
- Some good long term results for a RSV vaccine. (newatlas.com)
Tariffs
- What are best and worst cases for tariffs for the American economy? (ritholtz.com)
- The message that tariffs send to America's allies and how China is taking advantage. (theatlantic.com)
- China has paused delivery of Boeing ($BA) aircraft. (cbsnews.com)
- Supply chains are frozen as uncertainty abounds. (sherwood.news)
- Tariffs are a discriminatory tax. (mrzepczynski.blogspot.com)
Earlier on Abnormal Returns
- Research links: expected value. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: seeing the future. (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)
