Tuesday morning news drop
Nervous S&P 500 Traders Bet the Market’s Best Days Are Behind It The relentless rally in U.S. equities has driven bears almost into extinction. But to say bullishness is ubiquitous would be a stretch. From options trading to stock preferences to the direction of retail money flows, signs of trepidation are budding in a market where $27 trillion has been added to equity values in a little over a year. (Bloomberg)
The Mystery of the Missing Workers, Explained A retirement boom, a turn for the worse in the opioid epidemic, and the rising cost of child care all stand in the way of employers seeking to fill open slots. (BusinessWeek)
How the Robinhood Era Is Changing Stock-Market Investing When investor communities, not institutions, drive security pricing. (Morningstar)
Superstar Fund Managers Are Launching ETFs. Are They Worth the Price? Actively managed ETFs have pros behind the scenes making investing decisions, but they’re also more expensive. (Bloomberg)
How Condo Buildings End Aggressive developers looking for a way in—or desperate homeowners looking for a way out. (Slate)
Understanding inflation measurement and housing How could it be that average home prices are up 18% year over year while inflation is only 3.1% as of the June figure? Inflation has been running a little hot lately, with the latest reading of 3.1% above the official 2% target. But as with real estate, to understand what’s going on, you first want to zoom out to put the data into context. (House Hunt Victoria)