Thursday Links: Market King

Index funds

• How index funds have changed the demand for large-cap stocks. (klementoninvesting.substack.com)
• Research Affiliates Launches Deletions ETF ($NIXT) That Will Buy Index Deletions. (mutualfundobserver.com)

Apple

• David Pierce, “Apple Pay is one of the most Apple-y Apple products the company has ever delivered.” (theverge.com)
• People want to copy Apple ($AAPL) products, but not Apple the company. (asymco.com)

Sports business

• Topgolf Callaway ($MODG) is splitting into two separate companies. (frontofficesports.com)
• How WWE has doubled earnings in the last five years. (johnwallstreet.com)
• Can new, high-profile events make a dent in the sporting consciousness? (sportico.com)

MANUFACTURING

• The US manufacturing economy looks different than it did four years ago. (noahpinion.blog)
• How the manufacturing construction boom is playing out across the country. (apricitas.io)

Economy

• Initial weekly jobless claims ticked lower. (priceactionlab.com)
• More evidence that the US economy is stagnating. (bonddad.blogspot.com)
• Has U.S. Gasoline Demand Peaked? (bloomberg.com)

Earlier, about Abnormal Returns

• Long links: no room for error. (abnormalreturns.com)
• What you missed at our Wednesday linkfest. (abnormalreturns.com)
• Personal Finance Connections: An Essential Skill. (abnormalreturns.com)
• Are you a financial advisor looking for out-of-the-box thinking? Then check out our weekly email newsletter. (newsletter.abnormalreturns.com)

Mixed medium

• How brand preferences break down across political lines. (sherwood.news)
• Being an “involuntary” Russian asset is apparently very profitable. (defector.com)