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Quote of the Day
"Simply reminding yourself of your own good planning can have a calming effect."
(Ron Lieber)
Chart of the Day
Felix Salmon, “ExxonMobil might be the first empire to fall as a result of global climate change. It won’t be the last.” (chart via @ycharts)
Markets
- The new President is going to get more credit (or blame) for the stock market over the next four years. (awealthofcommonsense.com)
- How to prepare for a lost decade for stocks. (news.yahoo.com)
- Investors have been making the case for emerging markets for well over a decade. (humbledollar.com)
Apple
- Apple's ($AAPL) wearables business, Airpods and Watches, is growing quite nicely. (sixcolors.com)
- The Apple ($AAPL) One subscription bundle has some problems. (om.co)
- Checking in on Apple TV+ one year in. (theverge.com)
Food
- Dunkin’ Brands ($DNKN) is getting purchased by Inspire Brands. (nytimes.com)
- Nestle is buying meal subscription service Freshly. (news.crunchbase.com)
Global
- In pandemic, Australia is reaping the benefits of being an island nation. (nytimes.com)
- European lockdowns are bypassing schools for now. (nytimes.com)
Retirement
- No matter who is President the US workforce is going to be at-risk of shrinking. (humbledollar.com)
- Social Security's funding issues are getting accelerated by pandemic. (nytimes.com)
Policy
- The Trump administration’s decision to temporarily suspend the H-1B visa program took a toll on the valuations of several large American companies. (qz.com)
- Why the Trump administration has done little revive manufacturing in the US. (nytimes.com)
- Discriminatory housing policies have helped exacerbate the racial wealth gap. (washingtonpost.com)
- The Trump administration was engaged in a war on data even before the pandemic hit. (highline.huffingtonpost.com)
- The Trump administration is once again working to subvert science. (axios.com)
Pandemic
- The US continues to set daily records for coronavirus infections. (washingtonpost.com)
- Rural areas have less capacity to handle Covid-19 patients despite advances in care. (wsj.com)
- Markets are coming to terms with a pandemic that will take longer to play out. (investoramnesia.com)
Moving
- Cities and states are reluctant to increase taxes on the wealthy for fear they will move. (theatlantic.com)
- Why some high earners are leaving New York. (cnbc.com)
- Many Americans are still planning to move, especially from expensive, dense cities. (axios.com)
- Expect more movement when mortgage forbearance goes away. (bloomberg.com)
Economy
- The deceleration in key economic indicators is clear in the data. (econbrowser.com)
- Las Vegas visitor traffic is down 51% year-over-year. (calculatedriskblog.com)
- A succinct summary of the week's big economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
- Visualizing the growth in US debt. (visualcapitalist.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: losing badly. (abnormalreturns.com)
- Starting something new is hard, staying with it even harder. (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)
