Quote of the Day
"That your forecast was derailed by an unanticipated event is not an excuse for it not coming true — it is what happens all the time, and why nearly all forecasts are worthless."
(Barry Ritholtz)
Markets
- Who are all these new investors and what do they want? (theatlantic.com)
- Younger investors don't necessarily want the stock market to keep making new highs. (awealthofcommonsense.com)
- How a day trading service got into hot water with regulators. (businessofbusiness.com)
Crypto
- Institutional investors need to see more regulation before getting into crypto. (bloomberg.com)
- Crypto exchanges are exiting China. (scmp.com)
Venture
- How Tiger Global became one of the biggest venture investors in the world. (ft.com)
- 'Lead investors' are going by the wayside. (axios.com)
- If you had to choose a fund return measure: cash-on-cash or IRR? (avc.com)
- How much of a newly public company do VCs own on exit? (blossomstreetventures.medium.com)
- Why startup cap tables are a mess. (protocol.com)
Fund management
- An introduction to thematic ETFs. (monevator.com)
- This hedge fund manager has half of fund assets in SPACs. (institutionalinvestor.com)
Global
- Chinese authorities are causing a widespread sell of in tech stocks. (wsj.com)
- Around the world venture capital is generously funding the online rapid grocery delivery industry. (nytimes.com)
Housing
- The May Case-Shiller: National House Price Index showed a 16.6% year-over-year increase in May. (calculatedriskblog.com)
- Prices on the West Coast have exploded higher. (housingwire.com)
- The percentage of new homes sold that haven't been finished yet is on the rise. (axios.com)
- New home sales have rolled over while prices have risen. (bonddad.blogspot.com)
Economy
- Inflation breakevens have stopped going up. (wsj.com)
- States cutting unemployment payments haven't seen a surge of workers. (washingtonpost.com)
- The global supply chain is still in upheaval. (washingtonpost.com)
Earlier on Abnormal Returns
- Research links: unlocking knowledge. (abnormalreturns.com)
- Two charts with lines going down: updates on prior posts. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a loss of control. (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)
