Are you already signed up for our daily e-mail newsletter? Great, but did you know that we just launched an adviser-focused e-mail on Fridays? Now you do. Sign up here!
Quote of the Day
"We’ve all been thrown off our track, to varying degrees. Some, more cruelly than others. It’s easy to assume we can just find the track again on the other side of this, if there is another side...I think most of us will need to work really hard to rediscover the track. It may take years, in fact."
(Semil Shah)
Chart of the Day
For a hot moment last week, Apple ($AAPL) was worth more than entire Russell 2000.
Markets
- How much of recent market moves are being driven by bullish demand for call options? (msn.com)
- Small investors are doing more than buying stocks in pandemic, they are also buying fractional shares in art and race horses. (msn.com)
Strategy
- Originality matters less than profits when it comes to managing money. (brosef.substack.com)
- Brett Steenbarger, "There is a surprising overlap between the qualities of successful traders and the qualities of successful entrepreneurs." (traderfeed.blogspot.com)
Companies
- An extended interview with Reed Hastings, CEO of Netflix ($NFLX) and author of a new book. (variety.com)
- What is the future of Apple ($AAPL) TV? (macworld.com)
- Some Americans ventured out to watch 'Tenet' in the theaters. (axios.com)
Finance
Economy
- The Fed is being transparently about its intentions. (awealthofcommonsense.com)
- Central banks need to rethink how they think about labor markets. (asia.nikkei.com)
Earlier on Abnormal Returns
- Adviser links: online ingenuity. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading last week on the site. (abnormalreturns.com)
- Every Friday I send out five links for advisers to help them think a little differently about the world. Sign up now! (newsletter.abnormalreturns.com)
