Wednesday links: the returns to being rich
MarketsFive thoughts about the stock market including the surge in earnings. (ritholtz.com)Investors are constantly having to learn new vocabulary. (trendlabs.com)FinanceCitadel wants to pay other hedge funds for ideas. (finance.yahoo.com)AlphaSense is valued at $7.5 billion in a new fundraising round. (wsj.com)Jane Street and Citadel Securities generated combined revenues of $114bn last year. (ft.com)Private assetsPartners Group has capped withdrawals at its flagship private equity fund for wealthy individuals. (ft.com)Cliffwater saw a big redemption request for its flagship private credit fund. (bloomberg.com)CompaniesAmazon ($AMZN) has overtaken Walmart ($WMT) to claim the top spot in the Fortune 500. (nypost.com)How OpenAI lost its lead to Anthropic. (sherwood.news)Microsoft ($MSFT) wants in on the super-app game. (spyglass.org)The PentagonThe U.S. has a missile interceptor deficit. (axios.com)The Pentagon has hired a January 6th rioter for a counterterrorism job. (wapo.st)Econo
Markets
- Five thoughts about the stock market including the surge in earnings. (ritholtz.com)
- Investors are constantly having to learn new vocabulary. (trendlabs.com)
Finance
- Citadel wants to pay other hedge funds for ideas. (finance.yahoo.com)
- AlphaSense is valued at $7.5 billion in a new fundraising round. (wsj.com)
- Jane Street and Citadel Securities generated combined revenues of $114bn last year. (ft.com)
Private assets
- Partners Group has capped withdrawals at its flagship private equity fund for wealthy individuals. (ft.com)
- Cliffwater saw a big redemption request for its flagship private credit fund. (bloomberg.com)
Companies
- Amazon ($AMZN) has overtaken Walmart ($WMT) to claim the top spot in the Fortune 500. (nypost.com)
- How OpenAI lost its lead to Anthropic. (sherwood.news)
- Microsoft ($MSFT) wants in on the super-app game. (spyglass.org)
The Pentagon
- The U.S. has a missile interceptor deficit. (axios.com)
- The Pentagon has hired a January 6th rioter for a counterterrorism job. (wapo.st)
Economy
- On the state of the farm economy. (econbrowser.com)
- Is spending a better measure of consumer sentiment? (econbrowser.com)
- What the price of gasoline tell us. (buttondown.com)
Earlier on Abnormal Returns
- Personal finance links: winning at life. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: bored overtraders. (abnormalreturns.com)
- Saying no to algorithmic slop. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
- Why women are at an advantage in the new economy. (newsletter.platypuseconomics.com)
- How the housing market recession has affected workers. (awealthofcommonsense.com)
- How remote work affects the hiring of young adults. (libertystreeteconomics.newyorkfed.org)
- AI has scrambled the job application process. (theatlantic.com)
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