Wednesday links: a complex environment

RatesMuni bonds are looking more attractive. (barrons.com)Will higher rates provide competition to the pod shops? (russell-clark.com)ETFsIndex concentration isn't just an issue with U.S. stocks. (morningstar.com)Why the market's P/E ratio is falling. (awealthofcommonsense.com)Why picking stocks is so difficult. (tonyisola.com)FinanceRobinhood ($HOOD) has come to Canada. (bnnbloomberg.ca)A sign that investors are getting nervous about hyperscaler credit. (apollo.com)TradingPutting the scale of Trump's stock trading into some perspective. (bloomberg.com)What happens to the stock after this administration buys equity in a company? (finance.yahoo.com)Stay in touchDon't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)IranThe US military is downplaying the damage done by Iranian missiles. (cbsnews.com)How Iran is forcing the U.S. to burn through intercepto