The Market’s Best Days Are Behind, Condo Buildings, and Inflation

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)

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