5 Idea Friday: market viz; zombie funds; still no housing shortage; illiquid becomes liquid; bring your own energy (coal too)

A feast for thought, heading into the weekend

• a pretty viz of market diffusion

• PE chart dive, of zombie funds, revisited

• definitely no housing shortage (and supply-constraints explain basically nothing)

• productivity gains do the darndest things (to previously illiquid credit markets)

• bringing your own energy (and the grid backlog)

• burning coal to keep the environment clean