Sunday links: it’s a trap
MarketsTake a look at the (outstanding) performance of the S&P 500 since 2019. (awealthofcommonsense.com)The Dow is at an all-time high. (trendlabs.com)So is gold. (sherwood.news)StrategyNew stuff happens on Wall Street all the time. (downtownjoshbrown.com)Eddy Elfenbein's 2026 buy list is here. (cws.substack.com)FinanceThe crypto ecosystem runs on memes. (ft.com)Prediction market players are pushing for distribution. (howardlindzon.com)Groq employees are going to make out just fine in the Nvidia ($NVDA) deal. (axios.com)YouTubeYouTube just keeps gobbling up share. (giftarticle.ft.com)YouTube viewing thrives during the day. (nytimes.com)ICEICE is stepping up its surveillance efforts, privacy issues aside. (politico.com)ICE won't even deport people who want to be deported. (usatoday.com)A look inside ICE's vast media operations. (washingtonpost.com)PolicyDonating to Trump causes has paid off for many donors: a look at the data. (nytimes.com)DOGE broke stuff, lied about it, and eventuall
Markets
- Take a look at the (outstanding) performance of the S&P 500 since 2019. (awealthofcommonsense.com)
- The Dow is at an all-time high. (trendlabs.com)
- So is gold. (sherwood.news)
Strategy
- New stuff happens on Wall Street all the time. (downtownjoshbrown.com)
- Eddy Elfenbein's 2026 buy list is here. (cws.substack.com)
Finance
- The crypto ecosystem runs on memes. (ft.com)
- Prediction market players are pushing for distribution. (howardlindzon.com)
- Groq employees are going to make out just fine in the Nvidia ($NVDA) deal. (axios.com)
YouTube
- YouTube just keeps gobbling up share. (giftarticle.ft.com)
- YouTube viewing thrives during the day. (nytimes.com)
ICE
- ICE is stepping up its surveillance efforts, privacy issues aside. (politico.com)
- ICE won't even deport people who want to be deported. (usatoday.com)
- A look inside ICE's vast media operations. (washingtonpost.com)
Policy
- Donating to Trump causes has paid off for many donors: a look at the data. (nytimes.com)
- DOGE broke stuff, lied about it, and eventually closed. (nytimes.com)
- Trump is itching to send checks out to people with his name on them. (theatlantic.com)
Economy
- How independent can the Fed every really be? (wapo.st)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
- What you messed in our Saturday linkest. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
- Sal Khan, "I believe artificial intelligence will displace workers at a scale many people don’t yet realize." (nytimes.com)
- Charlotte Blease, "If Dr Bot is to have a role, it will not be as an imitation priest in a white coat, but as part of a wider reckoning with what medicine is for and who it should serve." (aeon.co)
- Cal Newport, "As 2025 winds down, however, the era of general-purpose A.I. agents has failed to emerge." (newyorker.com)
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