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Quote of the Day
"If I could give one piece of advice to my 18-year-old self, I would tell her to choose optimism over pessimism."
(Blair duQuesnay)
Markets
- How major asset classes performed in May 2020. (capitalspectator.com)
- Gasoline prices are up some $0.20 from the bottom. (wsj.com)
- The oral history of the oil market on April 20th when futures prices went negative. (vanityfair.com)
- The world's hot new commodity is...plexiglass. (wsj.com)
Work
- Companies need to stop thinking of retirement as a binary decision. (fa-mag.com)
- Who works in the company's office could say a lot about relative standing in the firm. (ft.com)
- Why everyone should consider a gap year, not just college kids. (seths.blog)
Vaccines
- Vaccine trials need to be done carefully to reassure the public they are safe. (wsj.com)
- Eli Lilly ($LLY) has developed a experimental drug derived from a blood sample of an early U.S. survivor of Covid-19. (statnews.com)
- Merck ($MRK) has put two vaccine candidates. (bloomberg.com)
Global
- How Iceland virtually eliminated the coronavirus. (newyorker.com)
- Nunavut has escaped the coronavirus, to-date. (washingtonpost.com)
- Apple ($AAPL) is reopening all of its stores in Japan. (bloomberg.com)
Economy
- Americans are still anxious about a rapid reopening of the economy. (washingtonpost.com)
- Mobility data shows Americans moving about more. (calculatedriskblog.com)
- The velocity of money continues to fall. (axios.com)
Cities
- Denver was booming before the pandemic hit. (wsj.com)
- Rust belt cities were seeing an economic revival before the pandemic hit. (ft.com)
Earlier on Abnormal Returns
- Adviser links: slow money. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone else was reading last week on the site. (abnormalreturns.com)
