Quote of the Day
"September is living up to its reputation as the worst month from stocks. This September will be the S&P 500’s worst since…well, last September."
(Eddy Elfenbein)
Markets
- Foreign bonds are having a rough go of it YTD. (capitalspectator.com)
- Why we should expect to see a pick up in forex volatility. (mrzepczynski.blogspot.com)
- Mortgage rates once again top 3.0% nationally. (housingwire.com)
Strategy
- Asset class relationships change over time. (awealthofcommonsense.com)
- An illustration why sequence of returns matters. (evidenceinvestor.com)
- How you view the stock market depends in large part your time frame. (priceactionlab.com)
Crypto
- Talent is flocking to the crypto space. (ospreyfunds.io)
- Crypto firms are on a compliance officer hiring spree. (wsj.com)
Sports
- The line between sports and sports gambling are increasingly blurred. (bloomberg.com)
- Fanatics Trading Cards is now valued at $10.4 after a Series A. (frontofficesports.com)
- Endeavor ($EDR) is buying OpenBet from Scientific Games ($SGMS) for $1.2 billion in cash and stock. (frontofficesports.com)
Venture capital
- New York City is seeing a venture revival. (avc.com)
- Andreessen Horowitz is raising a gaming-focused VC fund. (frontofficesports.com)
Fund management
- Franklin Templeton ($BEN) is buying O'Shaughnessy Asset Management. (wsj.com)
- Why most asset management M&A is a waste. (institutionalinvestor.com)
Economy
- Weekly initial unemployment claims seem to have flattened out. (bonddad.blogspot.com)
- Sen. Warren is way off the mark with her criticism of Chairman Powell. (pragcap.com)
- Covid is only one reason why commodities are in flux. (economist.com)
Earlier on Abnormal Returns
- Longform links: unsolvable lives. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: 401(k) follies. (abnormalreturns.com)
- Lived experiences affect how we think (and feel) about money. (abnormalreturns.com)
- On the benefits of leaving room for the unexpected. (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)
