Registration for the first of its kind Wealth/Stack Conference on September 8-10th, 2019 at the Scottsdale Plaza Resort in Arizona is now open! Use this link to get an exclusive discount so you can check out how advisors are bridging the gap between technology, investment management and practice management.
Quote of the Day
"Trying to keep up with people that make more money than you is a never-ending game because there will always be people willing to outspend you."
(Ben Carlson)
Markets
- Why pundits love to try to call market turning points. (dashofinsight.com)
- Pipeline stocks are outperforming YTD. (sl-advisors.com)
China
- Why hasn't the Chinese stock market done better? Because they keep issuing more stock. (wsj.com)
- Chinese companies have discovered the use of convertible bonds. (wsj.com)
Strategy
- What does financial history teach investors? (evidenceinvestor.com)
- Self-awareness is a key skill for traders. (traderfeed.blogspot.com)
- On the benefit of writing your own 'investing obituary.' (stockcharts.com)
Trading
- The CME ($CME) has seen great success with its new micro E-mini futures. (chicagobusiness.com)
- Why it doesn't make sense to talk about 'algos.' There are all sorts of different types of algorithms when it comes to trading. (rcmalternatives.com)
- The sell-side does not exist to help you make money. (demonetizedblog.com)
Money stuff
- The trillion-dollar 403(b) market is a den of iniquity. (barrons.com)
- Why Goldman Sachs ($GS) bought United Capital. (ft.com)
Media
- How Jimmy Pitaro is navigating ESPN through the cord-cutting age. (latimes.com)
- AT&T ($T) is a new kind of media giant. (fortune.com)
- Hollywood is optioning more magazine articles to generate content. (bloomberg.com)
Policy
- How to tax sugary drinks. (economist.com)
- The agriculture industry is not shy about asking for handouts. (marketwatch.com)
- Changes in the tax code have put a bid under used private jet prices. (ft.com)
- Being rich is WAY too easy these days. (washingtonpost.com)
Economy
- How Americans feel about buying a home at present. (thebasispoint.com)
- New York, New Jersey and Connecticut are facing a wave of out-migration. (bloomberg.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the holiday-shortened week ahead. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks on the site this week. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: lab-grown diamonds. (abnormalreturns.com)