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Thursday links: stand alone statements

Abnormal Returns

wsj.com) Finance More banks are marking down the value of U.S. etf.com) Vanguard has launched two new ETFs, the Vanguard Intermediate-Term Tax-Exempt Bond ETF ($VTEI) and Vanguard California Tax-Exempt Bond ETF ($VTEC). thinkadvisor.com) Economy The ISM manufacturing index seems to have bottomed. office loans.

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Wednesday links: finance as entertainment

Abnormal Returns

nytimes.com) Finance How boring should banks be? semafor.com) How exposed are regional banks to problematic commercial real estate loans? oaktreecapital.com) Startup Tellus is not a bank. barrons.com) Economy The price of one-year CDS on US Treasuries have spiked due to debt limit drama.

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Monday links: riding out bear markets

Abnormal Returns

(advisorperspectives.com) Finance Why the demise of Silicon Valley Bank shouldn't have been surprising. ft.com) Don't discount Apple's ($AAPL) push into financial services. forbes.com) Economy The American consumer is getting more cautious. thereformedbroker.com) Income tax withholdings are in decline.

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Tuesday links: unproven fears

Abnormal Returns

cnbc.com) Finance The majority of commercial real estate loans aren't owned by banks. wsj.com) Economy What Jamie Dimon is worried about. investmenttalk.substack.com) Will tighter bank credit push the economy into recession? nytimes.com) Real after-tax mortgage rates are at their highest level in years.

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Friday links: experiencing failure

Abnormal Returns

(awealthofcommonsense.com) Bank CD rates are at 15-year highs. wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? wsj.com) Finance Should Charles Schwab ($SCHW) kick its bank to the curb? ft.com) Banks and direct lenders are increasingly in conflict. The question is for how long?

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Sunday links: frictions and costs

Abnormal Returns

luxcapital.com) Big banks are reliant on the business of multi-strategy hedge funds. npr.org) Social Security Raise Social Security taxes now before it becomes too painful. anneapplebaum.com) Economy Why haven't higher interest rates wrecked the economy already? wired.com) Why Egyptian men are fleeing to Europe.

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Thursday links: industry reversals

Abnormal Returns

institutionalinvestor.com) Signature Bank didn't fail because of crypto exposure. businessinsider.com) Economy Weekly initial unemployment claims are on the rise. abnormalreturns.com) Just in time for tax day, a custom indexing linkfest! abnormalreturns.com) Are you a financial adviser looking for some out-of-the-box thinking?