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Quote of the Day
"Just like these seedlings beat the odds, the same goes for our country. The dark clouds will lift, and our nation will bloom in all its glory again."
(Tony Isola)
Chart of the Day

More than 80% of the money raised this year via IPOs is technology, healthcare and SPACs.
Markets
- Emerging markets have been underperforming the US for a decade. (allstarcharts.com)
- TIPS-derived inflation expectations are back to where they were pre-pandemic. (capitalspectator.com)
Strategy
- Is the notion of compounding overrated in real life? (awealthofcommonsense.com)
- Managing money seems easy until you actually have to do it. (humbledollar.com)
- Should you overweight technology in your portfolio? (retirementfieldguide.com)
Crypto
Retail
- Amazon ($AMZN) had struggled to make headway in Italy, until the pandemic hit. (nytimes.com)
- Grocery stores are stocking on inventory in the face of an uncertain Winter. (wsj.com)
Real estate
- KKR ($KKR) says the 'urban exodus' story is overblown. (institutionalinvestor.com)
- How can the residential home buying process not get transformed by technology? (notboring.substack.com)
- Commercial real estate is dealing with a drop in income and a side of uncertainty. (allaboutalpha.com)
ETFs
- Bloomberg is poised to become the third largest index provider. (ft.com)
- Investors are flocking to buffered ETFs. (barrons.com)
Voting
- How did the USPS become a political football? (fivethirtyeight.com)
- What does it mean that many of us are voting in new ways this November? (behavioralscientist.org)
Economy
- A succinct summary of the week's major economic events. (ritholtz.com)
- The coming week is chock full of big economic releases. (dashofinsight.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- Visualizing economic output across America. (visualcapitalist.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 natural by-product of hard times. (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)