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Quote of the Day
"Seven months after being hit by the bus, this patient still has a long road ahead to full health, with a lot that could yet go wrong. But being on the mend beats the alternative."
(Neil Irwin)
Vaccines
- Everyone is waiting on the arrival of a coronavirus vaccine. (thereformedbroker.com)
- It may be time to reset expectations on a coronavirus vaccine. (statnews.com)
- Germany is in line to be one of the first Western countries to roll out a vaccine. (wsj.com)
Strategy
- Why calling a bubble in real time is so difficult. (awealthofcommonsense.com)
- The turn for value is coming, the problem is the timing. (alephblog.com)
- Some notes from John Brook's classic book "Once in Golconda: A True Drama of Wall Street 1929-1938." (novelinvestor.com)
Netflix
- Despite rising competition Netflix ($NFLX) is still the leader in streaming video. (compoundadvisors.com)
- Why Netflix ($NFLX) is investing more in Anime content. (variety.com)
- Is there any way to measure the cultural impact of streaming, i.e. Netflix ($NFLX), movies? (theverge.com)
Global
- Europe's Covid recession has created a big swath of unemployment among the youngest workers. (nytimes.com)
- Given the economy's performance, why isn't the Yuan stronger? (economist.com)
Covid-19
- A new coronavirus variant is spreading across Europe. (ft.com)
- Slovakia wants to test everyone in the country, twice. (wsj.com)
- Taiwan has gone 200 days without a local, positive Covid test. (msn.com)
Cities and states
- Cities and states are facing huge budget deficits. (wsj.com)
- Christine Benz and Jeff Ptak talk all things municipal finance with Peter Hayes of Blackrock. (morningstar.com)
- Why so many state pension funds are underfunded. (awealthofcommonsense.com)
Economy
- US real GDP is currently off 3.5% from the previous peak. (calculatedriskblog.com)
- The jobs situation is slowly improving. (bonddad.blogspot.com)
- Why you have to take pandemic economic statistics with a big grain of salt. (economist.com)
Earlier on Abnormal Returns
- Longform links: changing the channel. (abnormalreturns.com)
- Starting something new is hard, staying with it even harder. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: cultivating connections. (abnormalreturns.com)
- Jon, thanks for including us in your journey. (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)
