Quote of the Day
"Practical elegance is something that is available to all of us. If we choose, it can become the cornerstone of our work."
(Seth Godin)
Chart of the Day
A profile of Goldman Sachs ($GS) and its CEO David Solomon amidst the pandemic. (chart via @ycharts)
Markets
- The GameStop ($GME) saga is not over. (compoundadvisors.com)
- A look at the surge in small caps. (allstarcharts.com)
- The surge in the number of SPACs is attracting short-sellers. (wsj.com)
History
- Innovative products often end up getting used for different purposes for which they were created. (wsj.com)
- Jamie Catherwood, "Technology has always played a critical role in the development and functioning of markets." (investoramnesia.com)
Digtal stuff
- Why mini-bubbles keep popping up in things like NBA Top Shot. (nytimes.com)
- NFTs were designed to be traded from the get-go. (marker.medium.com)
- Just because something is digital doesn't mean it is fee-free. (businessinsider.com)
Cathie Wood
- Why do so many people hate Cathie Wood? (theirrelevantinvestor.com)
- Cathie Wood is confident in her investment strategy despite the criticism. (ft.com)
Shopping
- Live shopping has been adapted for the online age with Amazon Live and the like. (nytimes.com)
- The many ways in which retail is going to change post-pandemic including curbside pickup sticking around for good. (wsj.com)
Trade
- America's ports are backed up. (axios.com)
- Border restrictions between Canada and the U.S. are continuing to disrupt the normal flow of business. (wsj.com)
Policy
- Why despite its appeal, high-speed rail in the U.S. is never going to happen. (vox.com)
- Why the big 2020 tax revenue bust never really played out as expected. (wsj.com)
Economy
- 17 reasons for economic optimism including 'The pandemic has taught us how to work remotely.' (nytimes.com)
- How the easing of the pandemic will affect the economy. (marketwatch.com)
- A succinct summary of the week's big economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Here are the most-clicked on items from the past week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: pandemics end in whimpers. (abnormalreturns.com)
- Nobody wants your digital sh*t, either. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
