Quote of the Day
"DeFi and stablecoins are now far too big and prominent for regulators to meet only with benign neglect."
(Steve Randy Waldman)
Markets
- Meme stocks have led the market lower. (bloomberg.com)
- Market breadth is deteriorating. (sentimentrader.com)
Strategy
- We really don't know the answers to the big market questions. (etf.com)
- On the benefits of reducing your news consumption. (klementoninvesting.substack.com)
Crypto
- From a portfolio perspective, Ethereum is a volatile asset. (morningstar.com)
- Institutions are increasingly coming around to digital assets. (institutionalinvestor.com)
Autos
- Auto insurance companies are seeing a pickup in claims. (wsj.com)
- Used car supplies are rebounding. (axios.com)
Apple
- Apple ($AAPL) is delaying it return to the office due to rising Covid cases. (engadget.com)
- Apple ($AAPL) is in the market for studio space. (wsj.com)
Venture capital
- Andreessen Horowitz has invested in retail investing startup Titan. (techcrunch.com)
- VC-backed startups are buying other startups at a rapid clip. (news.crunchbase.com)
- OpenSea just raised a new round of capital to support its NFT business. (fastcompany.com)
Finance
- Why we are likely seeing the end of Chinese stocks listing on U.S. exchanges. (finance.yahoo.com)
- The battle is heating up over a lithium futures contract. (ft.com)
Fund management
- FTSE Russell is reconsidering how it does index rebalancings. (ft.com)
- Money market mutual funds remain a critical vulnerability for the financial system. (wsj.com)
Economy
- More signs that the housing market is cooling off. (housingwire.com)
- Higher freight rates are putting the brakes on the global economy. (bloomberg.com)
- How rich was Babe Ruth in today's dollars? (morningstar.com)
Earlier on Abnormal Returns
- Research links: beaten up. (abnormalreturns.com)
- Don't throw away other people's hard-earned money lessons. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a realistic stress test. (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)
