Quote of the Day
"In general the thing that is happening now in the crypto world is that it is rapidly recreating the things that exist in the traditional finance world."
(Matt Levine)
Markets
- You can date the current secular bull market to 2013. (ritholtz.com)
- Over the past 10 days, an average of more than 60% of securities on the Nasdaq advanced. (sentimentrader.com)
- Cyclical stocks have kind of hit a wall. (allstarcharts.com)
Crypto
Finance
- Startups are experiencing a huge funding boom. (theirrelevantinvestor.com)
- PayPal ($PYPL) is pushing deeper into the BNPL space. (barrons.com)
- More companies going public are touring their 'mission driven' nature. (wsj.com)
ETFs
- The U.S. ETF market continues to see record inflows. (bnnbloomberg.ca)
- Ruane, Cunniff & Goldfarb is planning an ETF version of the Sequoia Fund. (citywireusa.com)
Economy
- It's going to take awhile to see where the labor situation shakes out. (bonddad.blogspot.com)
- If you think U.S. housing markets are overheated just look overseas. (awealthofcommonsense.com)
- Why we are unlikely to see a surge in mortgage foreclosures. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Personal finance links: a simplified retirement. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: a lazy approach. (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)
