Quote of the Day
"If you are launching an index fund in 2021 it had better be a meme-stock index fund, or a crypto index fund. Nobody wants boring stability anymore."
(Matt Levine)
Markets
- Brazil's stock market has pretty much gone nowhere for 15 years (or so). (sentimentrader.com)
- A good reminder: oil and energy stocks don't move in lockstep. (mrzepczynski.blogspot.com)
- When's the last time someone you know mentioned forex volatility? (economist.com)
Crypto
- It's hard to think about crypto without the presence of social media. (washingtonpost.com)
- Don't hold your breath waiting for a leveraged Bitcoin ETP. (wsj.com)
- Facebook ($FB) is now named Meta. (nytimes.com)
- Six common reasons why companies change their name. (visualcapitalist.com)
Startups
- Seed funding has exploded in the past decade. (news.crunchbase.com)
- Why Israel is a hub for cybersecurity startups. (news.crunchbase.com)
Funds
Economy
- Weekly initial unemployment claims continue to trend lower. (bonddad.blogspot.com)
- The relationship between wage growth and employment has broken. (fullstackeconomics.com)
- Big shifts are happening beneath the surface of the labor market. (axios.com)
Earlier on Abnormal Returns
- A full financial tank allows you to have an emergency on your schedule. (abnormalreturns.com)
- Longform links: revisiting work. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: retirement preparedness. (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)