Quote of the Day
"When you drastically change your long-term course based on what feels like a short-term sure thing, you’re likely to end up caught by surprise—and racked with regret."
(Jason Zweig)
Chart of the Day
Why you can’t compare the CAPE to one from decades ago.
Markets
- The three biggest risks to the stock market right now including inflation and the Fed. (awealthofcommonsense.com)
- Will growth stocks pull down value stocks in sympathy? (albertbridgecapital.com)
Strategy
- Five questions to ask before making changes to your portfolio. (whitecoatinvestor.com)
- Beware model portfolios from ETF providers. (evidenceinvestor.com)
Companies
- Rocket Cos. ($RKT) is growing share in the mortgage market but the stock is not following. (wsj.com)
- Fanatics is becoming the 'everything store' for sports. (frontofficesports.com)
Supply chain
- How Tesla ($TSLA) avoided the worst of the global chip shortages. (nytimes.com)
- The housing market is being held back by persistent supply chain disruptions. (wsj.com)
- The problems at the Los Angeles and Long Beach ports are still pretty epic. (ft.com)
Policy
- China is having a hard time moving on from its one-child policy. (wsj.com)
- Economists are increasingly agreeing with each other. (economist.com)
- Does pot contribute to GDP? (marginalrevolution.com)
- Copyrights last too long. (fullstackeconomics.com)
Economy
- No matter what you look at, the economy is looking really weird. (ritholtz.com)
- You can't talk about inflation without dealing with the pandemic. (econbrowser.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: a question of timing. (abnormalreturns.com)
- The year investors changed their minds on gold. (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)
