Tuesday links: a persistent reality

MarketsWeird stuff is happening in the stock market. (ft.com)Investors can invest in fixed income with confidence. (apollo.com)TradingJane Street is now in the swaps business serving leveraged ETF providers. (bloomberg.com)Kalshi asks CFTC approval for margin trading on its platform. (cnbc.com)FinanceDo employees actually want alternatives in their 401(k)? (thedailyupside.com)The private equity business model is kinda broken. (fa-mag.com)The winners in the Oura IPO. (pitchbook.com)AppleSo far, so good, for new Apple ($AAPL) CEO John Ternus. (spyglass.org)Apple TV has awards, but is still struggling with viewership. (spyglass.org)Stay in touchWork 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)The GulfHow the Iran War is different than previous wars. (betonit.ai)Nobody really knows how the Iran war will end. (theatlantic.com)The game theory of Gulf re