Sunday links: stunted growth
MarketsThe stock market doesn't know more about war than anyone else. (tker.co)Domestic fertilizer makers are cashing in on the Iran war. (ft.com)You can't ignore the news, you can only manage it. (awealthofcommonsense.com)IPOsAnthropic, OpenAI, and SpaceX are going to define the IPO market in 2026. (pitchbook.com)The stakes around these IPOs are impactful for everyday investors. (humbledollar.com)SpaceX's investment bankers have a big wild card to deal with. (pitchbook.com)ETFsDFA US Micro Cap ETF ($DFMC), a share class of an existing mutual fund, is now trading. (morningstar.com)Competition is coming to the box spread ETF space. (etf.com)Why ETFs are more tax friendly than mutual funds. (morningstar.com)IranWhy the Strait of Hormuz has gotten more important over time. (nytimes.com)Even if the war ended today, energy infrastructure has been damaged. (economist.com)Too long we have dismissed the importance of the physical world. (wsj.com)Iran and the U.S. are fighting two very differe
Markets
- The stock market doesn't know more about war than anyone else. (tker.co)
- Domestic fertilizer makers are cashing in on the Iran war. (ft.com)
- You can't ignore the news, you can only manage it. (awealthofcommonsense.com)
IPOs
- Anthropic, OpenAI, and SpaceX are going to define the IPO market in 2026. (pitchbook.com)
- The stakes around these IPOs are impactful for everyday investors. (humbledollar.com)
- SpaceX's investment bankers have a big wild card to deal with. (pitchbook.com)
ETFs
- DFA US Micro Cap ETF ($DFMC), a share class of an existing mutual fund, is now trading. (morningstar.com)
- Competition is coming to the box spread ETF space. (etf.com)
- Why ETFs are more tax friendly than mutual funds. (morningstar.com)
Iran
- Why the Strait of Hormuz has gotten more important over time. (nytimes.com)
- Even if the war ended today, energy infrastructure has been damaged. (economist.com)
- Too long we have dismissed the importance of the physical world. (wsj.com)
- Iran and the U.S. are fighting two very different wars. (foreignaffairs.com)
- Why you aren't seeing photos or videos from inside Iran. (bloomberg.com)
- How the Iran war is threatening global food supplies. (npr.org)
DHS
- There may be no fixing DHS. (theatlantic.com)
- Another detainee has died in DHS custody. (nbcnews.com)
- What is going to happen to Kristi Noem's detention warehouses? (theatlantic.com)
- The border wall with Mexico is growing, the environment be damned. (wapo.st)
Crime
- What's behind the drop in crime rates? (wsj.com)
- Why alternatives to 911 are important. (papers.ssrn.com)
Fraud
- Trump has pardoned at least 70 people convicted of fraud. (nytimes.com)
- The administration is collecting visa fees it has no intention of fulfilling. (cato.org)
Democracy
- There's no evidence of widespread voter fraud. (thebulwark.com)
- In less democratic countries incumbents manipulate elections to maintain power. (papers.ssrn.com)
- By this measure, the U.S. is no longer a democracy. (theguardian.com)
Government
- The IRS has been hollowed out. (brookings.edu)
- Why administration officials are camping out in military housing. (nytimes.com)
- James Fallows, "A national leader, who celebrates any prominent citizen’s death, is not fit to lead." (fallows.substack.com)
Economy
- How economic chart crimes can rile us up. (awealthofcommonsense.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)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
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