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 find out how advisors are bridging the gap between technology, investment management and practice management.
Quote of the Day
"Apple is a design company tasked with developing tools capable of improving people’s lives. Such a mission plays a critical role when figuring out how best to judge Apple."
(Neil Cybart)
Markets
- Overnight gaps are more prevalent than they were a few years ago. (mric.com)
- 30-year mortgage rates are once again below 4%. (reuters.com)
- German Bund yields hit a record (negative) low overnight. (finance.yahoo.com)
- Why corn prices are surging. (rcmalternatives.com)
Strategy
- It takes a fair amount of back and forth to get active equity mutual funds to outperform. (morningstar.com)
- Scenario analysis is not solely a mathematical exercise. (mrzepczynski.blogspot.com)
- Collecting is NOT investing. (themarketcyclist.com)
Crypto
Companies
- Amazon ($AMZN) could get into the wireless carrier game with Boost Mobile. (variety.com)
- FedEx ($FDX) is going to begin seven day a week package delivery. (wsj.com)
- Microsoft's ($MSFT) Bing is no longer a joke. (bloomberg.com)
Global
Well-being
- Happiness doesn't follow success. It's the other way around. (aeon.co)
- Well-being promotes career success in many ways. (fastcompany.com)
- Realistic goals provide a better sense of well-being. (sciencedaily.com)
Economy
- Look for Q2 GDP in the mid-1% range. (calculatedriskblog.com)
- Why threatening tariffs on your biggest trading partner is like shooting yourself in the foot. (thereformedbroker.com)
- Why single mothers are re-entering the workforce. (nytimes.com)
Earlier on Abnormal Returns
- Podcast links: changing our minds. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (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)
- Financial literacy vs. a fiduciary standard: which matters more? (abnormalreturns.com)
- How a genuine apology can keep a customer from jumping ship. (abnormalreturns.com)