Friday links: a fancier vocabulary

Markets

• Leverage and the Treasury market go hand-in-hand. (on.ft.com)
• How historical market data can serve as a check on your biases. (wsj.com)

Apple

• Apple ($AAPL) plans to shift its US iPhone production to India. (theguardian.com)
• The Apple ($AAPL) Watch has been a success. (sixcolors.com)

AI

• When AI makes stuff worse. (slate.com)
• This AI radio host went unnoticed for months. (theverge.com)

Sports betting

• Sportsbooks offer odds on the NFL draft eventhough they don’t want to. (msn.com)
• Christopher Mims and Tim Higgins talk with Peter Jackson, CEO of FanDuel. (wsj.com)

Economy

• Q1 GDP is tracking flat. (calculatedriskblog.com)
• The real problem with GDP. (timharford.com)
• Trade between the U.S. and China is set to fall. (disciplinefunds.com)
• Laurence Kotlikoff talks recession (and more) with economist Torsten Slok. (larrykotlikoff.substack.com)

Earlier on Abnormal Returns

• Podcast links: an epic business. (abnormalreturns.com)
• What you missed in our Thursday linkfest. (abnormalreturns.com)
• Longform links: adversarial and manipulative. (abnormalreturns.com)
• You can now follow us on Bluesky. (bsky.app)
• Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)

Mixed media

• Birth rates in the U.S. ticked higher in 2024, but from a low level. (calculatedriskblog.com)
• On X, shadowbanning is real. (nytimes.com)
• Nobody knows the future. (edgyoptimist.substack.com)