Sunday links: constitutional checks
MarketsMarket breadth has been weakening of late. (allstarcharts.com)The S&P 500 closed below its 50-day moving average. (trendlabs.com)Analysts have rapidly increasing earnings estimates. (tker.co)AISam Altman say OpenAI will not go public in 2026 due to alignment concerns. (axios.com)The big Dario Amodei essay everyone is talking about. (darioamodei.com)Why Congress is ill-suited to regulate AI. (futurism.com)StatesStates are looking to cut property taxes without much of a plan. (theatlantic.com)Why it makes more sense to incentivize workers to relocate instead of businesses. (nytimes.com)VotingThe chaos around mail-in ballots is the point. (theatlantic.com)Local election officials are on the lookout for federal interference. (wapo.st)Election deniers are relentless in their pursuit of electoral dominance. (theatlantic.com)PolicyA growing number of politicians recognize that Social Security is in trouble. (yahoo.com)The many ways in which the administration is punishing speech
Markets
- Market breadth has been weakening of late. (allstarcharts.com)
- The S&P 500 closed below its 50-day moving average. (trendlabs.com)
- Analysts have rapidly increasing earnings estimates. (tker.co)
AI
- Sam Altman say OpenAI will not go public in 2026 due to alignment concerns. (axios.com)
- The big Dario Amodei essay everyone is talking about. (darioamodei.com)
- Why Congress is ill-suited to regulate AI. (futurism.com)
States
- States are looking to cut property taxes without much of a plan. (theatlantic.com)
- Why it makes more sense to incentivize workers to relocate instead of businesses. (nytimes.com)
Voting
- The chaos around mail-in ballots is the point. (theatlantic.com)
- Local election officials are on the lookout for federal interference. (wapo.st)
- Election deniers are relentless in their pursuit of electoral dominance. (theatlantic.com)
Policy
- A growing number of politicians recognize that Social Security is in trouble. (yahoo.com)
- The many ways in which the administration is punishing speech. (nytimes.com)
- Was the Department of Homeland Security a mistake? (politico.com)
- Who benefited from ACA coverage? (papers.ssrn.com)
Stay in touch
- Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Defense
- Covenant is looking to build cruise missiles at a fraction of the cost of traditional weapons. (cnbc.com)
- Germany is encouraging collaborations between defense startups and auto makers. (ft.com)
- What does it mean to have VC-backed cruise missiles? (buttondown.com)
Global
- Why Canada is turning to the EU. (wsj.com)
- China has been providing Iran with intelligence in its war with the U.S. (wsj.com)
Economic data
- The warning signs are growing around federal economic data. (piie.com)
- The opportunity is now there for political interference in economic data. (newsletter.platypuseconomics.com)
Economy
- 3%+ consumer inflation seems to be embedded. (newsletter.platypuseconomics.com)
- Weak consumer sentiment reflects higher prices. (econbrowser.com)
- How higher diesel prices will echo through the economy. (axios.com)
- The economic schedule for the coming week. (economicweekly.substack.com)
Earlier on Abnormal Returns
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
Mixed media
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