Quote of the Day
"A dangerous feeling is when your position on a topic centers around criticizing the other side versus evaluating why you’re right – or even better, why you might be wrong."
(Morgan Housel)
Chart of the Day
A look at all the corrections during this bull market. (via @charliebilello)
Markets
- The current stock market is a mix of speculative and conservative behavior. (awealthofcommonsense.com)
- What it would take for the stock and bond markets to have 'dismal returns' simultaneously. (awealthofcommonsense.com)
Cryptocurrency
- Regulators are eyeing stablecoins for bank-like regulation. (wsj.com)
- The SEC keeps pushing back a potential decision on a Bitcoin ETF. (theblockcrypto.com)
- Bitcoin first got ATMs, now there are storefronts. (wsj.com)
Companies
- EV company Rivian is burning through cash ahead of the IPO. (techcrunch.com)
- You may be shocked how much Apple ($AAPL) makes on gaming-related revenue. (wsj.com)
- Facebook ($FB) is in damage control mode. (nytimes.com)
Finance
- While you were sleeping the financial world has changed...a lot. (ritholtz.com)
- Google ($GOOGL) is no longer planning to add bank accounts. (cnbc.com)
- A rave review for "The Pay Off: How Changing the Way We Pay Changes Everything" by Gottfried Leibbrandt and Natasha de Teran. (valueandopportunity.com)
Stock trading
- Why government officials should be limited in their investment choices. (nytimes.com)
- The Stock Act isn't doing its job. (npr.org)
- Prohibitions would save officials from themselves. (ft.com)
Demographics
- Long term care costs are only going to grow with an aging population. (bloomberg.com)
- There are no great explanations for the drop in the U.S. birth rate. (aei.org)
- The college gender gap is a long-term problem. (thereformedbroker.com)
Policy
- How to fix the medical residency program to improve health in the U.S. (fullstackeconomics.com)
- What works around the world for family leave programs. (nytimes.com)
- Half of all police-related deaths are misclassified. (washingtonpost.com)
Economy
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- Coronavirus links: pandemic preparedness. (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)
