Quote of the Day
“In the short run, the market is a narrative machine, but in the long run, it is a narrative debunking machine.”
(Barry Ritholtz)
Markets
- Even after a rally, commodities are still the worst performing asset class over the past five years. (capitalspectator.com)
- Higher lumber prices have made theft a bigger problem. (msn.com)
Mortgages
- 30-year mortgage rates are still below 3.0%. (housingwire.com)
- There's still time to refinance your mortgage at historically low rates. (thebasispoint.com)
- It's hard to have a housing bubble without loosening credit standards. (economist.com)
Crypto
- The SEC wants this question answered before approving a Bitcoin ETF. (riabiz.com)
- How a DeFi token backed in part by Mark Cuban collapsed in price. (coindesk.com)
Streaming
- The easy growth from the pandemic is over for the streaming services. (hollywoodreporter.com)
- When it comes to movies, streamers are emphasizing volume over quality. (wsj.com)
- Netflix's ($NFLX) plans to sell you more stuff. (bloomberg.com)
Fund management
- Why tax managed mutual funds should look to convert to ETFs. (etf.com)
- Fidelity now has 42 ETFs. (thinkadvisor.com)
Economy
- Why it's a good thing that the Fed is more optimistic about the economy. (thereformedbroker.com)
- Weekly initial unemployment claims ticked higher this week. (calculatedriskblog.com)
- The inflation surge seems to be peaking. (capitalspectator.com)
- A risk to the economy: the Delta variant could hit unvaccinated areas. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Longform links: excessive optimism. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the next bus. (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)
