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Friday links: uninterrupted straight lines

Abnormal Returns

humbledollar.com) Companies Reddit ($RDDT) thinks keeping its data in house, is more valuable than licensing it. electrek.co) Economy We're closer to a recession than we have been in awhile. (ft.com) Finance Private lenders are beefing up their internal restructuring teams. wsj.com) Angel investing ain't easy.

License 147
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Sunday links: policy blunders

Abnormal Returns

wsj.com) Revolut now has a UK banking license. ft.com) Economy The case for the Fed to cut rates. wsj.com) How the post-pandemic economy is messing with the Sahm Rule. (allstarcharts.com) It's not just the U.S. that is seeing fewer publicly traded companies. wsj.com) Chuck Royce, founder of Royce Funds, is retiring.

License 289
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Podcast links: thinking long term

Abnormal Returns

honest-broker.com) Economy Patrick Collison talks with Noah Smith about the energy transition, falling fertility and thoughts on longer term growth. noahpinion.blog) Stephen Dubner talks with Rebecca Allensworth about the state of professional licensing in the U.S. (axios.com) Spotify ($SPOT) CEO Daniel Ek is selling a lot of stock.

License 147
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Friday links: a missed window

Abnormal Returns

(spyglass.org) Ohio became the fifth US state to accept driver’s licenses and official state IDs in the iPhone’s Apple Wallet app. newscientist.com) Economy The July NFP showed a 4.3% engadget.com) GLP-1s Eli Lilly's ($LLY) weight loss drug shortage could end soon. unemployment rate.

License 278
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Friday links: bearish events

Abnormal Returns

washingtonpost.com) Streaming Why production companies are freely licensing content to streamers. entertainmentstrategyguy.com) Economy A soft landing is now consensus. (theinformation.com) Startups keep taking a crack at the market for local sports news and opinion. variety.com) Why every cable outlet is running reruns.

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Sunday links: it’s never too late

Abnormal Returns

awealthofcommonsense.com) The stock market is not the economy. bigtechnology.com) Reddit ($RDDT) is going to license data to OpenAI. economist.com) Economy Why is labor continuing to decline as a percentage of the economy? (downtownjoshbrown.com) Last year's stock market performance doesn't tell you much after this year.

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Sunday links: too many theories

Abnormal Returns

npr.org) Occupational licensing is out of control. theatlantic.com) Economy Menzie Chinn, "Strong labor market, spending and income numbers all suggest no recession in place yet." Sentencing Commission show judges rejected more than 80% of compassionate release requests filed from October 2019 through September 2022.

Ethics 243