Quote of the Day
"You don’t have to be Captain Sherlock to find bubbles today. They’re hiding in plain sight. But just because there are bubbles in the stock market, that doesn’t mean the overall stock market is in a bubble."
(Michael Batnick)
Markets
- The meme stock crowd is fickle, at best. (compoundadvisors.com)
- Do we really want teenagers to trade stocks? (barrons.com)
Finance
- Why Engine No. 1 LLC decided to go to war with ExxonMobil ($XOM). (wsj.com)
- How Blend tripled the amount of mortgages its software helped process. (forbes.com)
- VCs have poured money into mental health startups. (forbes.com)
Fund management
- There is little stopping the growth in the private capital business. (ft.com)
- How private equity managers transform ordinary income into capital gains. (nytimes.com)
Policy
- Up to half of the pandemic's unemployment benefits may have been stolen. (axios.com)
- There is rare bi-partisan consensus by increasing science funding. (nytimes.com)
- The Public Company Accounting Oversight Board is in 'disarray.' (ft.com)
- How worried should we be about falling U.S. birth rates? (fivethirtyeight.com)
- If everyone loves paid family leave, why isn't it a reality yet? (vox.com)
Housing
- Renting is cheaper than buying pretty much everywhere. (nytimes.com)
- Even the 'world's most livable city' has problems. (ft.com)
Economy
- Muni bonds are expensive. (advisorperspectives.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: creating incentives. (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)
