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Quote of the day
“Investing takes planning, discipline and the ability to hang in for the long haul, even when the short-term promises a few blisters and backaches.” – Justin Carbonneau
Chart of the day
Why who owns stocks matters. (Klement on Investing)
Markets
- Of course, Chairman Powell keeps an eye on the stock market. (theirrelevantinvestor.com)
- You can invest according to your conscience without paying through the nose. (pragcap.com)
- Why diversification pays off. (thereformedbroker.com)
Noise
- Phil Pearlman, "It’s easy to understand why the average news consumer is an emotional wreck these days." (eightfatswine.com)
- How 'financial porn' can rot your brain. (thefinancialbodyguard.com)
Crypto
Social media
- Most Americans don't know that Facebook ($FB) owns Instagram and WhatsApp. (mashable.com)
- A visualization of the rise (and fall) of social media platforms. (visualcapitalist.com)
Finance
- The muni bond market has becoming increasingly professionalized. (wsj.com)
- The term 'multi-family office' is getting thrown around a lot recently. (institutionalinvestor.com)
- Fidelity joins the zero-commission fray. (wsj.com)
Global
- The world is starved for fiscal stimulus - one country is changing that. (themacrotourist.com)
- Inside the turmoil at the ECB. (economist.com)
- Jamaica is the best performing stock market over the past year. (ft.com)
Economy
- Weekly initial unemployment claims are staying around historical lows. (calculatedriskblog.com)
- How World War II completely changed the US economy. (awealthofcommonsense.com)
Earlier on Abnormal Returns
- Startup links: having an impact. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: your definition of success. (abnormalreturns.com)
- Fifty years from now, will mental illness still have a stigma attached? (abnormalreturns.com)
- It's funny how things work out, sometimes. (abnormalreturns.com)
- Minor miracles do happen: why you shouldn't take for granted the continued success of Financial Twitter. (abnormalreturns.com)
