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Quote of the Day
"You can only learn so much about investing from a book. You have to be invested and experience markets first-hand with your own money to understand how a crash feels and how elated and greedy you can become in a bull market."
(Joachim Klement)
Markets
- Was that the top? (theirrelevantinvestor.com)
- 2020 has been a year full of factor performance extremes. (indexologyblog.com)
- Retail options traders are super bullish. (sentimentrader.com)
Sectors
- Energy stocks are washed out and insiders are buying. (sentimentrader.com)
- The pandemic flipped the risk profile of many sectors. (blogs.cfainstitute.org)
Strategy
- If you can't solve a seemingly simple problem, why do you think you can predict where the market is headed? (albertbridgecapital.com)
- Wealth inequality is one explanation for the lottery-seeking behavior we are seeing. (awealthofcommonsense.com)
Softbank
- WeWork be damned, Softbank stock is at a 20-year high. (ft.com)
- Softbank is considering offloading chipmaker ARM Holdings. (wsj.com)
Fundraising
- Jio Platforms has raised $20 billion in the past 3 months. (protocol.com)
- Why did it take Palantir so long to decide to go public? (ft.com)
- The Quicken Loans IPO seems well-timed. (ft.com)
- nCino ($NCNO), cloud-based operating system for financial institutions, just went public. (news.crunchbase.com)
Funds
- Data firms that rely on 13-F data are not happy about the SEC's proposal to reduce the number of covered firms. (institutionalinvestor.com)
- Gold ETFs make up a big part of gold demand. (etf.com)
Global
- What's behind the rise in Chinese stocks? In part, the government. (thereformedbroker.com)
- According to GMO, the MSCI emerging markets equity index looks different than it used to. (thinkadvisor.com)
- The world is now firmly in a de-globalization phase. (thereformedbroker.com)
- Europe is seeing a surge in pent-up spending as the continent comes out of lockdown. (nytimes.com)
Economy
- Real Treasury yields are negative, but inflation expectations are rising. (capitalspectator.com)
- Millions of American renters are at-risk of eviction. (housingwire.com)
- Delayed openings and re-closings are causing many small businesses to close for good. (nytimes.com)
Earlier on Abnormal Returns
- Research links: imputed probabilities. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: workplace financial planning. (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)
