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Quote of the Day
"History is littered with huge corporations that get to the top of the mountain yet never come close to reaching those levels again."
(Ben Carlson)
ETFs
- ETF investors have mopped up diminished gold demand from China and India. (ft.com)
- Bond ETFs have not caught on yet in Asia. (ft.com)
Strategy
- Be wary of the financial advice you get on FinTok, or TikTok for finance. (institutionalinvestor.com)
- Your view of the stock market is largely a function of your time horizon. (awealthofcommonsense.com)
Crypto
Companies
- What's behind the WWE's ($WWE) shrinking audience? (variety.com)
- The Barstool-Penn Gaming ($PENN) deal is in large part a bet on Dave Portnoy. (sportico.com)
SEC
- Some reasons to oppose the SEC's proposal to reduce the number of firms that file 13-Fs. (marketfolly.com)
- This is not the only SEC proposal that makes thing harder on smaller investors. (etf.com)
Global
- Much of Europe is committed to getting kids back to in-person school. (washingtonpost.com)
- Spain as a counterexample on herd immunity. (marginalrevolution.com)
Economy
- Checking in on seven high frequency economic indicators. (calculatedriskblog.com)
- A growing number of restaurants are unable to pay their full rent. (econbrowser.com)
- Workers laid off in pandemic are beginning to lose their health insurance. (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: being a good podcaster. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks 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)