Thursday links: the Bitcoin backlash

MarketsCan the market absorb more IPOs? (marketwatch.com)Rising Treasury rates make for better competition for stocks. (tmcresearch.com)The stock market is calm on the surface, churning underneath. (axios.com)Prediction marketsIs Wall Street going to go all-in on prediction markets? (economist.com)Catherine Rampell and Justin Wolfers talk prediction markets. (youtube.com)The downsides of letting people bet on drug clinical trial outcomes. (abundanceandgrowth.org)Weight loss drugsEli Lilly ($LLY) is on track to file for approval for retatrutide. (biopharmadive.com)We don't have great data on the use of GLP-1 use with the elderly. (scientificamerican.com)Anhedonia seems to be a side-effect of GLP-1 use. (gizmodo.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Do you in wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)EnergyBrent is once again above $100 a barrel. (econbrowser.com)T