Sunday links: energy levels

StocksJust how much AI is driving the stock market. (morningstar.com)Looking ahead to 2028 earnings. (tker.co)RatesWhat to make of rising interest rates. (awealthofcommonsense.com)Long term TIPS are now yielding near 3%. (bobeunlimited.substack.com)ETFsThe vast majority of new ETF launches are actively managed, and likely high fee. (wsj.com)The Tema Space Innovators ETF ($NASA) is now the largest space ETF on the market. (etf.com)Dave Nadig, Sumit Roy, Eric Balchunas and Todd Sohn talk ETF flows and more. (etf.com)The case for investing in the two parts of the Vanguard Total World Stock ETF ($VT). (elmwealth.com)It's never been easier to launch an ETF. (etfcentral.com)SpaceXGood luck to the managers of the SpaceX ($SPCX) IPO. (wsj.com)An investment in SpaceX is above all a bet on Elon. (wsj.com)What do investors get for $1.75 trillion? (newsletter.fiscal.ai)SpaceX as conglomerate. (semafor.com)An interesting tidbit from the SpaceX S-1. (pitchbook.com)What words show up most often in the SpaceX S-1? (readtrung.com)Mega IPOs don't have a great short-term track record. (barrons.com)GoogleHow Google ($GOOGL) has upended how the web works. (axios.com)Google ($GOOGL) is reviving an architectural wonder in downtown Chicago. (bloomberg.com)RetailFast delivery is changing shopping habits. (axios.com)Everything is a subscription business these days. (thehustle.co)DefenseUkraine is now a player in the global arms market. (wsj.com)The world's militaries are focusing on AI. (ft.com)ImmigrationHow the administration is hurting Dreamers. (axios.com)Confusion reigns among those seeking a green card. (semafor.com)How limiting low-skill immigration backfires. (klementoninvesting.substack.com)TaxesWhy IRS Direct File was killed. (defector.com)We are now seeing the costs of the OBBBA. (econbrowser.com)To fix Social Security you need to adjust taxes and benefits. Equity investments at this point are just window dressing. (crr.bc.edu)InfluenceSanctioned by the U.S. government? Call this guy. (bloomberg.com)How a $5 million donation to MAGA Inc. was quickly followed by flavored vapes being approved. (wsj.com)LawState attorneys general are stepping up their anti-trust activities. (politico.com)The DOJ has scrubbed mentions of January 6th defendants from its website. (theguardian.com)The DOJ is now an active participant in conspiracy theories. (theatlantic.com)Courts are filling up with AI-generated lawsuits. (futurism.com)An actual win for free speech. (arstechnica.com)TrumpWhat's behind all those stock trades in Trump's personal account? (bloomberg.com)It's hard to distinguish where Trump begins and the government ends. (axios.com)Trump's DC perfectly reflects his character. (slate.com)PolicyWhy does the Office of the Director of National Intelligence still exist? (thebulwark.com)Oh the irony. The Office of Federal Student Aid is hiring. (npr.org)Why cities should invest in more, better street lights. (theatlantic.com)EconomyThe post-pandemic vibecession made sense, but why has it persisted? (theatlantic.com)How higher diesel prices are hitting businesses. (chicago.suntimes.com)Inflation expectations are ticking higher. (econbrowser.com)The economic schedule for the coming week. (economicweekly.substack.com)Earlier on Abnormal ReturnsTop clicks this week on Abnormal Returns. (abnormalreturns.com)What you missed in our Saturday linkfest. (abnormalreturns.com)AI models are not a trusted fiduciary. Be careful. (abnormalreturns.com)Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Mixed mediaWe are living in the age of a 'post-virtue style of politics.' (derekthompson.org)How independence created a new American philanthropy. (theconversation.com)Missing men and the American marriage market. (npr.org)