Quote of the Day
"The fraud coins are crashing this week. They’re getting hit like the major coins, only much, much harder. Which is as it should be."
(Josh Brown)
Markets
- Everything that worked last year isn't this year. (awealthofcommonsense.com)
- The fast-growing technology stocks have come down a lot and now look attractive. (gavin-baker.medium.com)
Strategy
- The only way to learn how to handle gains is to experience losses. (awealthofcommonsense.com)
- Seven questions you should ask yourself when markets are in turmoil. (ritholtz.com)
Crypto
- Crypto trading platforms have been experiencing outages. (bloomberg.com)
- The Bitcoin sell-off is dragging down related stocks as well. (arstechnica.com)
SPACs
- The sell-off in the SPAC space is accelerating. (wsj.com)
- This includes a big chunk of the EV space. (bloomberg.com)
Finance
- Bank of America ($BAC) is set to boost its minimum wage eventually to $25/hour. (cnbc.com)
- Hertz ($HTZ) stock survived the pandemic somehow and is now rallying to pre-pandemic levels. (wsj.com)
Startups
- Hedge funds continue to grow their presence in the startup space. (wsj.com)
- Growth equity firms are pushing VCs aside in later rounds. (news.crunchbase.com)
- Pipe is planning to move into securitization. (ft.com)
Funds
- Identifiable brands in asset management are few and far between. (institutionalinvestor.com)
- Why you need to delve deeper when it comes to 13-F filings. (keubiko.substack.com)
Food delivery
- How a NYC restaurant loses money on a $14 sandwich. (eater.com)
- The high cost of food delivery is pushing people towards takeout. (businessofbusiness.com)
- Tipping on takeout orders is the new normal, post-pandemic. (wsj.com)
Economy
- Economic noise is pretty amped up, post-pandemic. (capitalspectator.com)
- When it comes to employment data just average the March and April reports. (bonddad.blogspot.com)
- Some companies are hoping to automate their way out of labor shortages. (washingtonpost.com)
- There have never been fewer ready-to-build home lots. (bloomberg.com)
Earlier on Abnormal Returns
- Personal finance links: a stark reminder. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: one macro indicator. (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)
