Quote of the Day
"Although inflation is high now, past episodes of runaway inflation did not manifest in one or two years; they were a result of years and years of policy mistakes and economic trends. If we are to have a long-run inflation problem, it will take much longer to show up."
(Adam Ozimek)
Markets
- The past decade has seen U.S. corporate earnings grow at their fastest pace in history. (thereformedbroker.com)
- Share buybacks hit a record in Q3 2021. (wsj.com)
- Apple ($AAPL) is close to becoming the first $3 trillion market cap company. (compoundadvisors.com)
Strategy
- How to use the 'Bogle method' to forecast equity market returns. (humbledollar.com)
- Speculation can cost you more than just money. (awealthofcommonsense.com)
Finance
- Why younger companies are opting to go public via SPAC merger. (news.crunchbase.com)
- Raising more venture capital isn't necessarily better. (foundercollective.medium.com)
- How professional athletes became active in venture capital. (frontofficesports.com)
Policy
- The end of the child tax credit could push children back below the poverty line. (washingtonpost.com)
- Lawsuits, not legislators, have done the hard works of fighting opioid makers. (nytimes.com)
- How the ultra-wealthy turn hobbies into tax losses. (propublica.org)
- Joe Weisenthal and Tracy Alloway talk with Corey Muirhead, Executive Vice President of the Logan Bus Company about the great school bus driver shortage. (bloomberg.com)
Global
- The global 'demographic transition' is happening faster than anticipated. (economist.com)
- China is cracking down on vasectomies. (washingtonpost.com)
Economy
- Inflation breakevens are off their highs. (econbrowser.com)
- Keep an eye on multiple jobholders. (tker.co)
- 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: a volatile transition period. (abnormalreturns.com)
- A Q&A with Phil Huber author of the new book "The Allocator's Edge." (abnormalreturns.com)
- An anti-investment policy statement. (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)
