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Quote of the Day
“It depends” isn’t the advice most people want to hear when it comes to their finances or career or really any big life decision but the world is rarely black or white when it comes to decision-making under uncertainty.”
(Ben Carlson)
Markets
- Comparing the Dotcom bubble to today's tech stock surge. (theirrelevantinvestor.com)
- SaaS valuations have accelerated higher of late. (ftalphaville.ft.com)
Strategy
- Are bonds still the best portfolio diversifier in a world of near-zero rates? (morningstar.com)
- Why corporate bonds are a poor diversifier in a crisis. (alphaarchitect.com)
Finance
- How starting out on Wall Street during a downturn can hamper your career. (institutionalinvestor.com)
- Public US companies raised a record amount of equity in Q2. (wsj.com)
- Why GMO likes high quality US banks. (institutionalinvestor.com)
Funds
- To say that investors in active mutual funds have had the deck stacked them would be a gross understatement. (evidenceinvestor.com)
- Gold ETFs are seeing a surge in AUM. (wsj.com)
School reopenings
- Schools should focus on opening up for younger children first. (theatlantic.com)
- Opening schools without a plan is a disaster in waiting. (vox.com)
- Eight steps to keep in mind when reopening schools in the Fall. (theatlantic.com)
Economy
- Another million Americans filed for initial unemployment claims this past week. (calculatedriskblog.com)
- Temporary unemployment is quickly shifting into permanent layoffs. (msn.com)
- Millennials just can't seem to keep pace with prior generations. (ft.com)
Earlier on Abnormal Returns
- Longform links: the foundation of a health society. (abnormalreturns.com)
- Finding better ways to care for your clients and yourself: why you should sign up for our new weekly adviser-focused e-mail newsletter. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the best experiences. (abnormalreturns.com)
