Review: Edward Luce thinks The Complacent Class: The Self-Defeating Quest for the American Dream by Tyler Cowen is “captivating” and a little scary. (FT)
Quote of the Day
"Financial planning and investing are ongoing processes. What is right today, might not be right tomorrow. Don’t waste time trying to attach a cause to every effect."
(Tim Brennan)
Chart of the Day
10 year Treasury yields are once again in excess of S&P 500 dividend yields.
News
- Just how well is the New York Times ($NYT) doing in digital? (om.co)
- How Google ($GOOGL) and Facebook ($FB) could help create a sustainable news ecosystem. (mondaynote.com)
Snap
- Users are moving from Snap ($SNAP) to Instagram Stories. (medium.com)
- Snap ($SNAP) is getting some pushback in Europe on pricing. (bloomberg.com)
Offers
- Wireless earbuds compared including the Apple ($AAPL) EarPods and Beats Powerbeats3. (arstechnica.com)
- Get the Beats Powerbeats3 at Amazon. (amazon.com)
Finance
- Computer-enhanced, structural changes in the way we trade has put volatility on a long-term, downward trend. (smbtraining.com)
- Machine learning for investment decision making is, for now, mostly hype. (valuewalk.com)
Funds
- Vanguard has its eyes on Europe. (bloomberg.com)
- Why Asian conglomerates are interested in US fund managers. (nytimes.com)
Billions
- Just how realistic is "Billions"? (decider.com)
- "Billions" is back for Season 2! Sign-up for a free-trial for Showtime at Amazon Channels. (amazon.com)
Economy
Earlier on Abnormal Returns
- Research links: rational momentum. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: naming conventions. (abnormalreturns.com)
