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Quote of the Day
"Every dollar is precious, but learning valuable lessons with a few thousand dollars is much different than making life changing mistakes with a retirement nest egg built over decades."
(Nate Geraci)
Retail trading
- The US is not only country where new traders are jumping into the markets. South Korea is a hotbed for retail trading. (wsj.com)
- Very few day trading stories have a happy ending. (marketwatch.com)
Companies
- Tesla's ($TSLA) stock price rise has been relentless. (compoundadvisors.com)
- RV stocks have been crushing since April. (wsj.com)
- Is Lululemon's ($LULU) deal for Mirror a sign of strength or weakness? (ft.com)
- Visualizing the size of Amazon ($AMZN) relative to other retailers. (capitalspectator.com)
Markets
- Lessons learned from one of the fastest declines (and rebounds) in market history. (novelinvestor.com)
- Over just about any recent time frame, real estate has underperformed the stock market. (allstarcharts.com)
- Talking about markets may be fun, but it doesn't make for a 'robust investing strategy.' (priceactionlab.com)
Business
- Airbnb activity has fully rebounded as travelers look to local getaways. (wsj.com)
- Wal-Mart ($WMT) is turning some of its parking lots into drive-in theaters. (engadget.com)
- Low gasoline prices are making for higher margins for retailers. (wsj.com)
Finance
- The Lemonade ($LMND) IPO is a much-needed win for Softbank. (finance.yahoo.com)
- Convertible bond issuance it at its highest level in well over a decade. (reuters.com)
Funds
- Why does the Dept. of Labor want to kill off ESG funds? Think politics. (morningstar.com)
- Target date funds with the same 'maturity date' can have very different asset allocations. (barrons.com)
- Super-low interest rates are making the job of running a money market fund even harder. (barrons.com)
China
- Chinese stocks are at a five-year high. (ft.com)
- The Nasdaq is upping the requirements for Chinese companies to list. (barrons.com)
- There's no getting around China's dominance in medical supplies. (nytimes.com)
Policy
- The federal government's unwillingness to support state and local governments may have led to premature reopenings. (interfluidity.com)
- How 'baby bonds' could help close the racial wealth gap. (theatlantic.com)
- FEMA's flood maps are out-of-date, with more American homes at-risk of flooding than currently thought. (wsj.com)
- Some data on who police kill (and why). (marginalrevolution.com)
- What Americans say makes for a 'good citizen.' (pewresearch.org)
Economy
- Why you shouldn't get too amped about the June NFP report. (slate.com)
- The damage to the jobs economy isn't getting worse, but it also isn't getting better. (bonddad.blogspot.com)
- Why a V-shaped jobs recovery is unrealistic. (washingtonpost.com)
- Employment growth was slowing even before Covid-19. (econbrowser.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- What everyone was reading this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: a talent for forgetting. (abnormalreturns.com)
- Podcast links: the gaming opportunity. (abnormalreturns.com)
- July ESG links: a stamp of approval. (abnormalreturns.com)
- Sign up for our weekly adviser-focused e-mail that goes on Fridays. Five links to make you think headed into the weekend. (newsletter.abnormalreturns.com)
