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Downgrade
- Moody’s ($MCO) just downgraded the credit rating of the U.S. (cnbc.com)
- The downgrade is largely symbolic. (disciplinefunds.com)
- Does the downgrade matter? (on.ft.com)
Market timing
- Cash is a drug for investors. (awealthofcommonsense.com)
- Market timing isn’t going to save your portfolio. (downtownjoshbrown.com)
Strategy
- It’s hard to succeed as an investor without some long-term optimism. (tker.co)
- Why private assets don’t yet belong in retirement accounts. (wsj.com)
- There’s more than one way to manage portfolio risk. (scheplick.com)
DOGE
- What has DOGE actually accomplished? (on.ft.com)
- How are things going at the Social Security Administration? (wapo.st)
- Tons of food are set to be destroyed due to cuts at USAID. (reuters.com)
Health policy
- Roadblocks to vaccines are popping up at HHS. (theatlantic.com)
- Dentists (and pediatricians) oppose bans on fluoride supplementation. (arstechnica.com)
- Paid sick leave for parents is good for children. (papers.ssrn.com)
- Research shows Medicaid saves lives. (nytimes.com)
- Why statins should be available OTC. (alexkesin.com)
Enforcement
- The Trump administration has simply stopped enforcing rules it doesn’t like. (msn.com)
- Why the Founders were wary of officials profiting from their office. (theatlantic.com)
- Why are ICE officers dressing like militia members? (washingtonpost.com)
- Everyone is afforded due process. (theatlantic.com)
Economy
- By most measures, consumer sentiment is sinking. (econbrowser.com)
- There’s little reason to believe tariffs will boost manufacturing. (larrykotlikoff.substack.com)
- What you need to understand about wage growth over the past two decades. (noahpinion.blog)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Don’t miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
Mixed media
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