Quote of the Day
"No stock has been in the Dow for the entire 125 years."
(Karen Langley and Peter Santilli)
Markets
- The S&P 500 now has negative real earnings yield. (sentimentrader.com)
- A review of some of the biggest trends in the capital markets. (compoundadvisors.com)
- Treasury yields have stopped going up. (capitalspectator.com)
Crypto
- A profile of the duo who run Three Arrows Capital one of the largest investors in crypto. (msn.com)
- It's hard to untangle the problem of ransomware without mentioning crypto. (wsj.com)
Amazon-MGM
- First WarnerMedia-Discovery, now Amazon ($AMZN) is buying MGM Studios. (wired.com)
- What does Amazon ($AMZN) want with MGM Studios? (vox.com)
- Don't expect James Bond movies to go streaming-only on Amazon ($AMZN). (variety.com)
Finance
- Why Blll Ackman's SPAC has yet to close a deal. (institutionalinvestor.com)
- ExxonMobil ($XOM) just lost a proxy fight with activist investor Engine No. 1. (wsj.com)
Funds
- Not every investment strategy is well-served by an ETF. (blog.validea.com)
- The hedge fund industry now manages $4 trillion in AUM. (institutionalinvestor.com)
Economy
- Zillow ($Z) estimates home prices aren't cooling off any time soon. (zillow.com)
- Home prices won't cool until more inventory hits the market. (calculatedriskblog.com)
- The pandemic has messed up seasonal adjustments for employment data. (mathbabe.org)
- As the economy heats up the case for steel tariffs gets weaker. (econbrowser.com)
Earlier on Abnormal Returns
- Personal finance links: what money can't buy. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: market illusions. (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)
