Quote of the Day
"I used to ‘know’ things. Nowadays there’s very little I’m sure about. Time and experience have made me more humble, in life and investing. One of the few things I’m certain of is that I don’t know very much."
(The Undercover Fund Manager)
Chart of the Day
The S&P 500 is now below its 50 day moving average for the first time in a while.
Markets
- Sometimes people just need an excuse to sell. (theirrelevantinvestor.com)
- Shareholder yield can vary a lot across sectors. (humbledollar.com)
Crypto
- Regulators are honing in on firms doing crypto lending. (axios.com)
- Coinbase ($COIN) has dropped plans to launch its crypto lending product. (theblockcrypto.com)
- What kind of company would Jeff Bezos start if he were 30 years old today? (notboring.co)
- Bitcoin looks more and more like a risk-on asset. (finance.yahoo.com)
Companies
- Calls to break up Facebook ($FB) are only going to increase. (theweek.com)
- Two big problems Apple ($AAPL) is currently facing including employee unrest. (mondaynote.com)
Evergrande
- Fears over developer Evergrande are spreading throurgh Greater China. (fortune.com)
- Joe Weisenthal and Tracy Alloway talk all things Evergrande with Travis Lundy. (bloomberg.com)
Global
- Housing affordability is a growing problem around the globe. (bnnbloomberg.ca)
- Affordable housing has become a hot-button issue in Germany. (bloomberg.com)
Housing
- The August NAHB shows continued homebuilder optimism. (calculatedriskblog.com)
- What it would take to tank the U.S. housing market. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: the ideal adviser. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks 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)
