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Quote of the Day
"The best form of self-promotion is promoting things that will contribute to the well being of others."
(Sarah Cy)
Yields
- Yields aren't just falling in the US. (nytimes.com)
- Why you can't just look at the raw term spread. (econbrowser.com)
- Beware the 'this time it's different' crowd on the yield curve inversion. (axios.com)
- Investors win as companies battle to offer higher cash yields. (cnbc.com)
Strategy
- Why musicians make for good investors. (marketmisbehavior.com)
- Beware the 'break even effect' (evidenceinvestor.com)
Apple
- Your Apple ($AAPL) iPhone is transmitting all sorts of data about you while you sleep. (washingtonpost.com)
- How to turn off background app refresh on your iPhone. (daringfireball.net)
- What happens to Apple ($AAPL) Airpods when they die. (onezero.medium.com)
- Why Apple ($AAPL) should go all in on iPad apps on the Mac. (theverge.com)
Companies
- Costco ($COST) is the rare retailer that is still aggressively growing its footprint. (media.thinknum.com)
- Oil companies are keeping a pretty low profile these days. (bloomberg.com)
Futures
- Futures exchanges are increasingly rolling out 'speed bumps' to slow down HFT. (ft.com)
- Clearinghouses are the new too-big-to-fail institutions. (economist.com)
Credit cards
- Zero thinks the future of credit cards is a debit card. (techcrunch.com)
- Will Goldman Sachs ($GS) be able to turn a profit on the Apple Card? (cnbc.com)
Private equity
- Publicly traded, private equity firms are being more aggressive when it comes to raising new funds. (institutionalinvestor.com)
- Blackstone ($BX) is reducing its stake in Invitation Homes ($INVH). (wsj.com)
- Blackrock ($BLK) is raising a private equity fund which is designed for the ultra-long term. (institutionalinvestor.com)
Global
Economy
- Weekly initial unemployment claims are hovering above 200k. (calculatedriskblog.com)
- Truck tonnage continues to trend higher. (scottgrannis.blogspot.com)
- The US warehouse boom is cooling off. (wsj.com)
Earlier on Abnormal Returns
- Startup links: emotional dissonance. (abnormalreturns.com)
- How a book that changed how Phil Huber thinks about investing. (abnormalreturns.com)
- On the futility of topping off your gas tank. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: knocking on doors. (abnormalreturns.com)
- Financial literacy vs. a fiduciary standard: which matters more? (abnormalreturns.com)
- How a genuine apology can keep a customer from jumping ship. (abnormalreturns.com)
