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Quote of the Day
"If the operating equipment of the 21st century is a portable device, this means the modern factory is not a place at all. It is the day itself."
(Derek Thompson)
Markets
- 61% of Americans said stock market movements had little or no effect on their financial wellbeing. (ft.com)
- Bull markets last longer than most people think. (awealthofcommonsense.com)
- Value stocks have gotten much more rate-sensitive. (wsj.com)
Companies
- Sundar Pinchai the new CEO of Alphabet ($GOOGL) has a big job. (nytimes.com)
- Ted Wechsler and Jim Chanos strongly disagree about DaVita ($DVA). (institutionalinvestor.com)
- How Slack ($WORK) uses Slack. (fastcompany.com)
Finance
- MetLife ($MET) is expanding into the pet insurance business. (wsj.com)
- Direct lending has a transparency problem. (ft.com)
Funds
- Calpers just fired a bunch of its external equity managers. (ai-cio.com)
- Why big hedge funds rule the roost. (axios.com)
- The top ETF launches of 2019. (etf.com)
Places
- Why some second-tier cities are holding their own. (finance.yahoo.com)
- Chicago's property market is in a serious funk. (wsj.com)
- Airbnb just purged half its Boston area listings. (wired.com)
- The most common last name in every country mapped. (digg.com)
Economy
- Weekly initial unemployment claims fell last week. (calculatedriskblog.com)
- The manufacturing slowdown is real. (axios.com)
- Despite a strong jobs market there is still an issue with prime-working age men having dropped out of the workforce. (npr.org)
- Furniture manufacturers want to expand but they can't find enough qualified workers. (wsj.com)
- Enough already with the instant analysis on holiday retail sales! (ritholtz.com)
Earlier on Abnormal Returns
- Startup links: grinding it out. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: an unfillable void. (abnormalreturns.com)
- Monthly ESG links: lacking prediction power. (abnormalreturns.com)
- Your harshest critic lives in your house and prevents you from making progress toward your goals. (abnormalreturns.com)
- Cultivating passion and purpose in your life. (abnormalreturns.com)
