Quote of the Day
"So many of the people we celebrate today for being geniuses are the result of some combination of hard work, intelligence, luck and survivorship bias."
(Ben Carlson)
Markets
- This coming week is historically the weakest of the year for the stock market. (quantifiableedges.com)
- These sectors stopped going up in May. (allstarcharts.com)
- How history can lead investors astray. (neckar.substack.com)
Crypto
- What Steve Cohen has been doing in the crypto space. (frontofficesports.com)
- Why regulators are worried about stablecoins. (nytimes.com)
Companies
- Universal Music Group will be publicly traded this week. (wsj.com)
- Gingko Bioworks ($DNA) wants to build the AWS for synthetic biology. (nytimes.com)
- The next wave of Covid treatments is an oral antiviral. (barrons.com)
Finance
- The case against taxing stock buybacks is pretty weak. (nytimes.com)
- Making ETFs worse won't make mutual funds better. (pragcap.com)
- Whatever happened to Occupy Wall Street? It moved to Reddit. (marketwatch.com)
Policy
- What's preventing the federal government from selling off excess/surplus properties? (nytimes.com)
- The Covid pandemic enhanced the already existing inequalities in America. (papers.ssrn.com)
- The revolving door is wide open at the U.S. Treasury when it comes to tax law. (nytimes.com)
Economy
- The poverty rate plunged in 2020. (nytimes.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: sick societies. (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)
