Quote of the Day
“If you rely on an arbitrary and meaningless time period...the results you’ll get will be somewhere between arbitrary and meaningless.”
(David Snowball)
Markets
- Everyone is talking inflation protection of late. (thereformedbroker.com)
- Why Tuesdays are better than Thursdays in the stock market. (sentimentrader.com)
Crypto
- Will the blockchain change how securities transactions are settled? (ft.com)
- Another sign that interest in crypto trading has surged. (reuters.com)
Companies
- Horace Deidu, "The last quarter of 2020 was a remarkable quarter for Apple." (asymco.com)
- The commercial office reckoning is a slow-moving disaster for owners. (nytimes.com)
- Home Depot ($HD) was a big pandemic winner. (housingwire.com)
Finance
- The explosion in SPACs has worn out PIPE investors along the way. (ft.com)
- These were the most active VCs in Q1 2021. (news.crunchbase.com)
- The CME ($CME) wants to launch lithium futures. (wsj.com)
Chips
- GM ($GM) and Ford ($F) are idling plants due to chip shortages. (washingtonpost.com)
- Taiwan is redirecting water during a historic drought to chip plants. (nytimes.com)
- Why Toyota ($TM) has avoided the problem of chip shortages. (bloomberg.com)
Funds
- Recent fund performance numbers are going to change a lot based on the anniversary of the pandemic lows. (wsj.com)
- The BlackRock US Carbon Transition Readiness ETF ($LCTU) launched with $1.25 billion in assets. (ft.com)
Housing
- Half of all houses that go on the market sell within a week. (finance.yahoo.com)
- Why this not another housing bubble. (awealthofcommonsense.com)
- Housing prices are high, but lending standards are still pretty tight. (calculatedriskblog.com)
- We still don't know how much of housing demand was pulling forward by the pandemic. (pragcap.com)
Work
- Staffing shortages will remain until schools are reopened. (nytimes.com)
- Restaurants are having a hard time getting workers back. (nytimes.com)
Earlier on Abnormal Returns
- Podcast links: bond matrix mispricing. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the NFT party. (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)
