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Quote of the Day
"The markets are cruel. It feels like they have become more cruel since 2008. My job is to not judge the market but to try and participate."
(Howard Lindzon)
Chart of the Day
It’s been a awhile since emerging market equities outperformed the US for any period of time.
Markets
- Signs of speculation are easy to find. (theirrelevantinvestor.com)
- The Citi Panic / Euphoria model is at a record high. (sentimentrader.com)
- Another measure showing the breadth of the current equity rally. (allstarcharts.com)
- Markets get really basic stuff wrong all the time. (ft.com)
Retail
- Retail traders are gathering in new places to discuss stocks. (wsj.com)
- A Q&A with the guy betting it all on Tesla ($TSLA) shares. (330ramp.com)
- A majority of the English Premier League have sponsorship deals with trading platforms. (evidenceinvestor.com)
Crypto
- ICE ($ICE), will take its cryptocurrency venture, Bakkt, public by merging it with a SPAC. (wsj.com)
- What problem does Bitcoin actually solve? (justinpaterno.com)
Companies
- People bought a lot of WD-40 ($WDFC) while at home. (bloomberg.com)
- Airbnb ($ABNB) hosts are trying to get around paying the platform for rentals. (ft.com)
- Some online retailers, like Amazon ($AMZN), don't even both with some returns. (wsj.com)
Tokyo Olympics
- The Japanese people are skeptical the games will go off as planned. (espn.com)
- How are they going to pull off the Tokyo Olympics with the pandemic still raging? (nymag.com)
- It's hard to see how the Tokyo Olympics can still happen. (qz.com)
Economy
- The jobs economy is stronger than it appears on first glance. (blogs.uoregon.edu)
- Where seven high frequency economic indicators stand. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: a decade behind. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading last week on the site. (abnormalreturns.com)
- Put refinancing your mortgage on your radar screen for 2021. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter just for advisers. (newsletter.abnormalreturns.com)
