Quote of the Day
"Americans are, by many measures, in a better financial position than they have been in many years. They also believe the economy is in terrible shape."
(Neil Irwin)
Chart of the Day

Your impression of Moderna ($MRNA) stock this year all depends on your time frame.
Strategy
- FOMO is at or near an all-time high. (awealthofcommonsense.com)
- How cash plays a role in successful investing. (humbledollar.com)
Companies
- Berkshire Hathaway ($BRK.A) has more cash than any time in its history. (nytimes.com)
- How's the turnaround at Under Armour ($UA) going? (frontofficesports.com)
- Second hand chipmaking equipment is in high demand. (wsj.com)
- Not all company name changes stick. (wsj.com)
Policing
- An investigation of when (and why) police stops turn deadly. (nytimes.com)
- Which police tactics actually reduce crime? (scientificamerican.com)
- Guns complicate any efforts to reform police. (vox.com)
- How cars became (legal) weapons against protesters. (apps.bostonglobe.com)
- Talk about bad incentives... (marginalrevolution.com)
Economy
- What are inflation breakevens telling us about inflation expectations? (econbrowser.com)
- An alternate view of the housing bubble and GFC. (fullstackeconomics.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: an uncontrolled experiment (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)