Did you know you can stay up-to-date with all of our posts via our daily e-mail newsletter? Sign up today!
Quote of the Day
"I think the SEC was correct back in 1961, when it argued that, “by their very nature,” [financial advisor] testimonials are misleading."
(Jason Zweig)
Markets
- Buckle up for another wild week. (thereformedbroker.com)
- The tale of US equity outperformance in charts. (topdowncharts.com)
Interest rates
- What if wealth inequality and not central banks are behind ultra-low interest rates? (awealthofcommonsense.com)
- A visualization of interest rates over the past 670 years. (visualcapitalist.com)
Buybacks
Companies
- The US is now awash in fracking sand. (wsj.com)
- How FedEx ($FDX) came out on the positive end of tax reform. (nytimes.com)
- Are retail pop-ups the solution to vacant storefronts? (theatlantic.com)
Policy
- Noah Smith, "A huge shift has taken place in the global economy during the past few decades. Financial capital was once scarce and it’s now abundant." (finance.yahoo.com)
- Consolidation has gone too far in the US or why we pay more for cellphone and broadband than in other countries. (nytimes.com)
- Justin Fox, "Whatever the reasons, there is now a small but larger-than-it-used-to-be minority of American men in their 20s who seem to be making no progress in achieving the markers of adulthood: get a job, move out of the house, get married, have kids." (finance.yahoo.com)
- What can we learn from New York State's experience with a $15 minimum wage? (nytimes.com)
- Are ISAs the solution to the student loan crisis? (ft.com)
- It's hard to be optimistic about pension funding at the state level. (economist.com)
- How big is the problem of 'wage theft' in the US? (gq.com)
Economy
- A succinct summary of the week's major economic events. (ritholtz.com)
- A look at the economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: the pursuit of happiness. (abnormalreturns.com)
