Recommendation: Shane Parrish recommends the “financial thriller” Fear City: New York’s Fiscal Crisis and the Rise of Austerity Politics by Kim Phillips-Fein. (Farnam Street)
Quote of the Day
"Unless you’re employed by a hedge fund that’s very well-diversified, you should probably not sleep easy at night: your job could disappear at any moment."
("Graham Clarkson")
Markets
- Michael Batnick, "The S&P 500 gained 14% over a 4 1/2 month period without experiencing a single 1% up day. The last time this happened was never." (theirrelevantinvestor.com)
- The current market is "undeniably hot." (fat-pitch.blogspot.com)
- Individual investors are once again flooding online brokers. (wsj.com)
Volatility
- An increase in volatility is not necessarily a sign of a bubble popping. (mrzepczynski.blogspot.com)
- Why now may be the time for a stock replacement strategy. (barrons.com)
Strategy
- Why doing less can lead to greater fulfillment in trading. (traderfeed.blogspot.com)
- When it comes to investing what game are you playing, exactly? (medium.com)
Cryptocurrencies
Companies
- Who Apple's ($AAPL) HomePod is for. (daringfireball.net)
- The Apple ($AAPL) HomePod sounds great, but the price... (medium.com)
Finance
- The new tax law is changing a whole raft of corporate decisions. (wsj.com)
- Tax breaks for Amazon ($AMZN) HQ2. Nothing for small businesses. (mobile.nytimes.com)
Global
Economy
- Why 2.5% GDP growth this late in an expansion isn't all that bad. (bloomberg.com)
- The US economy just keeps on growing. (econbrowser.com)
- A succinct summary of the past week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Get yourself (or someone you really like) an annual membership. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: quant origins. (abnormalreturns.com)
