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Quote of the Day
"You have to have a name. But with the borderless nature of our economies, various trademark challenges, and other hurdles, you are lucky to land on one that is worth having."
(Om Malik)
Markets
- New highs keep piling up. (allstarcharts.com)
- Adding Tesla ($TSLA) to the S&P 500 is going to be a tricky affair, trading-wise. (wsj.com)
- The IPO pipeline is filling up for 2021. (axios.com)
- CCC-rated bonds are on a tear. (ft.com)
Strategy
- The principles of value investing haven't changed, but the markets have. (investoramnesia.com)
- Larry Swedroe, "There is only one effective way to implement a passive, buy-and-hold investment strategy..." (evidenceinvestor.com)
Crypto
Companies
- Retailers have largely abandoned bonus pay for front line workers. (washingtonpost.com)
- Like a lot of the industries, Hollywood has been hit by pandemic on a number of fronts. (nytimes.com)
- Five big trends being accelerated by pandemic. (visualcapitalist.com)
- Big Pharma doesn't want to lose the goodwill engendered by creating a coronavirus vaccine. (ft.com)
- Not just restaurants want to get their hands on outdoor heaters this Winter. (nytimes.com)
Pandemic
- Some U.S. hospitals are simply running out of beds. (nytimes.com)
- The UK is poised to become the first western country to approve a Covid-19 vaccine from Pfizer ($PFE)-BioNTech ($BNTX). (ft.com)
- Europe has its own rural healthcare Covid crisis. (wsj.com)
Policy
- Underfunded public pension funds is everyone's problem (mrzepczynski.blogspot.com)
- Census categories don't adequately capture how Americans think about race. (wsj.com)
- How flat tax regimes have fared in post-Soviet Eastern Europe. (marginalrevolution.com)
- The pandemic baby bust is here. (theatlantic.com)
Economy
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- The most-read items this past week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: a lack of guidance. (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)
