Quote of the Day
"There’s a lot of hidden leverage in the world – tiny things that seem inconsequential but operate in a tightly wound system where one flaw can bring everything down."
(Morgan Housel)
Chart of the Day
The cryptocurrency industry seems to drive demand for graphic processing chips.
Markets
- Investors around the world are way too optimistic. (theirrelevantinvestor.com)
- More things can happen in markets than currently thought: the case of oil. (albertbridgecapital.com)
- Stop trying to second guess market prices. (mrzepczynski.blogspot.com)
Crypto
- Celebrities and altcoins are a toxic mix. (mashable.com)
- A Q&A with Katie Haun, a co-chair of Andreessen Horowitz’s new $2.2 billion crypto fund. (nytimes.com)
- DeFi is moving so fast, regulators and politicians are lagging behind. (avc.com)
- This Bitcoin miner is going public via a merger with a Nasdaq company. (coindesk.com)
ETFs
- How has the Eck Vectors Social Sentiment ETF ($BUZZ) done since launch? (thestreet.com)
- It's not unusual for ETFs to change benchmarks. (etftrends.com)
Flying
- The TSA will again offer self-defense classes to flight attendants and pilots. (nytimes.com)
- Supersonic flight over water is not that controversial. Over land is a different thing. (newyorker.com)
- Why mask wearing is still important on flights. (bloomberg.com)
Policy
- Joia Crear-Perry, "The U.S. is the only high-income nation to not guarantee any form of paid maternity leave." (bloomberg.com)
- The military is having to defend itself against being too 'woke.' (politico.com)
- Expensive divorces disproportionately affect lower income Americans. (theatlantic.com)
- Police departments across the U.S. are struggling with resignations and retirements. (nytimes.com)
Economy
- Not everyone at the Fed is onboard with current policy. (barrons.com)
- 2020 flipped on its head our intuition about recessions. (wsj.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: new technologies. (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)
