Come see me (and the likes of Ken Fisher, Annie Duke and Ryan Holiday) at EBI West in June 24-26th in Dana Point, California. You will not be disappointed.
Quote of the Day
"People ask me my forecast for the economy when they should be asking me what I have in my portfolio. Don’t make pronouncements on what could happen in the future if you’re immune from the consequences. In French, they use the same word for wallet and portfolio."
(Nassim Nicholas Taleb)
Chart of the Day
The stock market is forward looking, so its correlation with short-term economic growth is low.
Commodities
- Commodities led major asset class performance in April 2018. (capitalspectator.com)
- The world is awash in sugar. (blogs.wsj.com)
- Other agricultural commodities have also lagged the broad commodities market. (allstarcharts.com)
Strategy
- A Q&A with Daniel Rasmussen of Verdad Capital. (barrons.com)
- How rising rates will help CTA returns. (rcmalternatives.com)
Support
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
Crypto
- What happens if the SEC deems Ethereum a security? (wsj.com)
- Can you understand crypto if you don't already own it? (ftalphaville.ft.com)
- Will central banks get involved in digital currencies? (pragcap.com)
Companies
- Will the T-Mobile ($TMUS)-Sprint ($S) deal gain regulatory approval? (ftalphaville.ft.com)
- Why is Apple ($AAPL) "ceding the most important entry point into the home"? (500ish.com)
- How falling rents could reinvigorate the brick-and-mortar retail store. (bloomberg.com)
Funds
- Not all value funds are created equally. (ofdollarsanddata.com)
- The pros and cons of bond laddering. (morningstar.com)
- Ten steps to start your own hedge fund. (thestreet.com)
Global
Economy
- The April ISM Manufacturing report showed continued growth. (calculatedriskblog.com)
- Small and mid-sized cities are having a hard time attracting enough workers. (wsj.com)
- Rising gasoline prices and rising mortgage rates may nick US consumers. (washingtonpost.com)
Earlier on Abnormal Returns
- Research links: obsessed with volatility. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ESG links: impactful investing. (abnormalreturns.com)
Mixed media
