My end-of-week morning train reads:

The Plethora of Unknowns Means Questions for Bond Investors in 2025: Private and global credit offerings could provide diversification as debt markets deal with political and policy uncertainty. (Chief Investment Officer)

After a Great Run for Stocks, Be Ready for Something Different: Sizzling returns may well continue, but our columnist suggests that it would be wise to prepare for the next storm. (New York Times)

Mega Cap World Domination: Markets are hard because most things exist in shades of gray. It’s difficult to be certain about anything because no one knows what the future holds and the past can be unreliable when used incorrectly.(Wealth of Common Sense)

Skydiving without a parachute: When bonds can’t save your portfolio. (Optimisticallie)

Goldman Sachs destroys one of the most persistent myths about investing in stocks: “While valuations feature importantly in our toolbox to estimate forward

Keep reading this article on Barry Ritholtz - The Big Picture.

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