Quote of the Day
"The advent of gaming, especially computer gaming, marks a fundamental break in human affairs."
(Tyler Cowen)
Chart of the Day
Business travel is getting throttled as the Delta variant spreads. (chart via @ycharts)
Crypto
- These developing countries are leading at crypto adoption. (ft.com)
- FTX is getting into the NFT game. (theblockcrypto.com)
Companies
- More companies are pushing a return to the office into 2022. (nytimes.com)
- The Instacart boom has cooled off. (wsj.com)
Finance
- Goldman Sachs ($GS) is planning to sell a stake in Petershill Partners, which buys stakes in alternative asset managers. (ft.com)
- The London Metal Exchange’s trading floor has reopened. (wsj.com)
- 2021 is set to be a record year for M&A volume. (ft.com)
Entertainment
- Hollywood is, in part, flying blind when it comes to figuring out what people want. (nytimes.com)
- Marvel's “Shang-Chi and the Legend of the Ten Rings” is a big hit. (variety.com)
Economy
- Covid is not done with the economy. (newyorker.com)
- Housing inventory is picking up. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: cash withdrawals. (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)
