Review: Why Wall Street Matters by William D. Cohan focuses on “the problem with Wall Street firms going public.” (Reading the Markets)
Quote of the Day
"India has a good chance of being the world’s fastest-growing large economy, ultimately emerging as another democratic superpower by the middle of the century."
(Martin Wolf)
Markets
- Small investors are having a hand in the current stock market rally. (bloomberg.com)
- Another look at the stock market's long winning streak. (thereformedbroker.com)
Performance
- How major asset classes performed in February 2017. (capitalspectator.com)
- How various tactical asset allocation strategies performed in February 2017. (allocatesmartly.com)
Strategy
- An example of high hedge fund fees at work. (theirrelevantinvestor.com)
- A bear market is coming (someday). Are you prepared? (fortunefinancialadvisors.com)
Offers
- The price of the best mesh wi-fi system, eero, is now $100. Get an additional $50 off with this link: (talkable.com)
- You can now stream Academy Award winning film "Moonlight" on Amazon. (amazon.com)
- Adam Alter's new book "Irresistible: The Rise of Addictive Technology and the Business of Keeping Us Hooked" was recently highlighted as a "Best Book" for March at Amazon. (amazon.com)
Companies
- Snap ($SNAP) seems to be making some headway with adults. (bloomberg.com)
- Google's ($GOOGL) YouTube is getting into the web-TV business. (bloomberg.com)
- As Amazon's ($AMZN) AWS goes, so goes the Internet. (wsj.com)
- Facebook ($FB) video is now available on Apple ($AAPL) TV. (variety.com)
Finance
- The top 10 most innovative companies in finance. (fastcompany.com)
- The low-hanging fruit is pretty much gone for activist investors. (nytimes.com)
- Why stock buybacks are not going away any time soon. (ft.com)
Global
- Indian consumers are going mobile, big time. (blog.abglobal.com)
- Did India's "cash crunch" hurt growth? (ftalphaville.ft.com)
Economy
- The February ISM manufacturing index shows continued strength. (calculatedriskblog.com)
- The problem with increased infrastructure spending: not enough construction workers. (bloomberg.com)
- America's small business owners are overwhelmingly old, white dudes. (washingtonpost.com)
- Detroit is the final frontier for downtown condos. (wsj.com)
Earlier on Abnormal Returns
- Personal finance links: doing more sooner. (abnormalreturns.com)
- The top 10 books Abnormal Returns readers purchased in February 2017. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: a willing suspension of disbelief. (abnormalreturns.com)