Quote of the Day
"When the stock market is going up, people pay attention to the index. When the stock market is going down people, pay attention to their stocks."
(Michael Batnick)
Chart of the Day
Despite an ongoing pandemic, REITs have bounced back. (chart via @ycharts)
Markets
- Risk-off/on indicators have been risk-on for awhile now. (allstarcharts.com)
- Expectations are everything for markets. (compoundadvisors.com)
Crypto
- Facebook's ($FB) questionable practices have not deterred investors. (wsj.com)
- The tide seems to be turning against Facebook ($FB). (vox.com)
- Despite protestations, anti-vaccine information is rife on Facebook ($FB). (wsj.com)
Companies
- Add Sportsradar ($SRAD) to the publicly traded sports gambling sector. (sportico.com)
- UEFA and FIFA are fighting over the future of soccer. (ft.com)
- The pandemic golf boom has continued into 2021. (frontofficesports.com)
Finance
- The private equity giants are only getting bigger. (bnnbloomberg.ca)
- The venture capital industry touts funding rounds but not when startups go away. (fortune.com)
Economy
- Q3 GDP estimates keep coming down. (calculatedriskblog.com)
- Consumers are flush with cash. (axios.com)
Earlier on Abnormal Returns
- Podcast links: living longer. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: craving entertainment. (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)
