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Sunday links: policy blunders

Abnormal Returns

wsj.com) Revolut now has a UK banking license. vox.com) Work Research on how race, class and location affect economic mobility in the U.S. ft.com) The economic schedule for the coming week. (allstarcharts.com) It's not just the U.S. that is seeing fewer publicly traded companies. wsj.com) In praise of the public pool.

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10 Friday AM Reads

The Big Picture

Blame History for Making Recession Calls So Hard : The National Bureau of Economic Research has been putting dates on downturns since 1929 — well before there was such a thing as gross domestic product ( Bloomberg ) see also Does This Look Like a Recession To You? . • taxpayers millions of dollars ended up in China.

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Sunday links: it’s never too late

Abnormal Returns

bigtechnology.com) Reddit ($RDDT) is going to license data to OpenAI. wsj.com) The economic schedule for the coming week. (downtownjoshbrown.com) Last year's stock market performance doesn't tell you much after this year. awealthofcommonsense.com) The stock market is not the economy. finance.yahoo.com) The dream of streaming is dead.

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Sunday links: too many theories

Abnormal Returns

npr.org) Occupational licensing is out of control. econbrowser.com) The economic schedule for the coming week. Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022. wsj.com) Earlier on Abnormal Returns Top clicks last week on the site.

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10 Monday AM Reads

The Big Picture

You can build a record when in terrible years you’re up zero to five (per cent) and then throw a couple of 50s and 60s and the numbers look pretty good over time … ( Financial Times ) • The Line Is Blurring Between Remote Workers and Tourists : Economic development has fundamentally changed.

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10 Wednesday AM Reads

The Big Picture

At the same time, however, the study also shines a spotlight on just how powerful AI is, how disruptive it might be, and suggests that this new, astonishing technology could have economic effects that change the shape of income inequality going forward. ( In the first of three special articles we explain how they work.

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Update: At the Money

The Big Picture

Bloomberg licensed the entire BMI/Ascap catalog, so I have access to an endless array of music from the 1940s to the present date. The challenge comes when run-of-the-mill investing/economic topic turns out to be esoteric in terms of music; think Inflation or Contrarian investing.

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