Quote of the Day
"You may think us oldsters overly anxious as we worry about a resurgence of inflation. But you weren’t there."
(Virginia Postrel)
Chart of the Day

Global bond markets are set for their worst year since 1999. (chart via @ycharts)
Markets
- 12 charts to watch in 2022 from Sam Ro including JOLTS. (finance.yahoo.com)
- Global ETF assets are nearing $10 trillion. (ft.com)
Crypto
- Crypto has a language all its own. (theirrelevantinvestor.com)
- Crypto custodial firms raised a boat load of capital in 2022. (theblockcrypto.com)
Omicron
- America is effectively in a 'soft lockdown.' (theatlantic.com)
- How long should workers isolate after testing positive? (nytimes.com)
Demographics
- Germany is running short of workers. (wsj.com)
- The U.S. should be opening its arms to immigrant scientists, especially from China. (noahpinion.substack.com)
- The case for Americans is pretty clear. (bloomberg.com)
Policy
- What part of the shoplifting panic is real? (theatlantic.com)
- A Q&A with Edward Glaeser co-author of "Survival of the City: Living and Thriving in an Age of Isolation" about the future of cities and small towns. (richmondfed.org)
- Being in Congress shouldn't be an opportunity to profit off insider info. A solution. (ofdollarsanddata.com)
- Not all Social Security business can be done remotely. (washingtonpost.com)
- Support for the death penalty continues to narrow in the U.S. (slate.com)
Economy
- Ten big economic questions for 2022. (calculatedriskblog.com)
- The economic year in review including the global surge in home prices. (theovershoot.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: distinctly different. (abnormalreturns.com)
- Check out my conversation with Peter Lazaroff on 'The Long Term Investor' podcast. (peterlazaroff.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)