Quote of the Day
"The data on quitting could be an early sign that worker power is ascendant after decades of stagnant pay and gutted labor law. But it could also be a brief statistical fluke amid this summer’s generally spasmodic economy."
(Derek Thompson)
Strategy
- For humans, random outcomes don't feel random. (ensofinance.blog)
- Why you shouldn't be so quick to dismiss the 60/40 portfolio. (evidenceinvestor.com)
Crypto
- China's crackdown on crypto mining is driving prices lower. (cnbc.com)
- The Dogecoin-sponsored Nascar crashed this weekend. (coindesk.com)
Companies
- Chip shortages are flowing into consumer technology prices. (wsj.com)
- Costco ($COST) has a opening to bring more Millennial customers. (bnnbloomberg.ca)
Housing
- Why investment firms are committed to the single-family housing market. (awealthofcommonsense.com)
- What's interesting about investment firms buying houses is the type of houses they are buying. (slate.com)
Global
- China has pulled a full 180 on childbirth policies. (wsj.com)
- It's going to be awhile before the U.S.-Canada border reopens. (global-macro-monitor.com)
Economy
- The lumber market is a classic case of supply and demand at work. (nytimes.com)
- This summer will tell us a lot about what changes to the economy are permanent. (washingtonpost.com)
- Supply constraints are likely to extend into 2022. (wsj.com)
- How today's housing compares to the late 1970s. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: the other 99%. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was reading last week on the site. (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)
