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Monday links: rewarding ownership over effort

Finance Jane Street had a rough July, performance-wise. (ft.com) How private fund placement agents get paid. (cashandcarried.substack.com) It's hard to argue the Truth Social API is legal or ethical.

  • Jane Street faced a tough July performance, per FT
  • Truth Social API legality and ethics under scrutiny in NYT
  • Texas residents pay more for municipal bonds vs Californians, per Bloomberg

UAE economy: On the brink or bouncing back?

On the one hand, the UAE economy is suffering due to the Iran war, as residents leave and tourists cancel plans. On the other hand, UAE authorities insist recovery is underway. What's really going on?

UAE economy: On the brink or bouncing back?

On the one hand, the UAE economy is suffering due to the Iran war, as residents leave and tourists cancel plans. On the other hand, UAE authorities insist recovery is underway. What's really going on?

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