Quote of the Day
"Today certainly has similar characteristics to the 90s. History is no doubt rhyming, but we have to remember the key part of this phrase; History doesn’t repeat."
(Michael Batnick)
Markets
- Quants are off to a good start in 2022. (ft.com)
- Lumber prices are up 75% year-over-year. (calculatedriskblog.com)
Bonds
- Companies are borrowing in 2022, albeit at higher rates. (ft.com)
- Keep in mind high yield bonds have a higher correlation with equities. (morningstar.com)
Strategy
- Why it's so easy for investors to be bearish. (ofdollarsanddata.com)
- Five lessons learned from 2021 including 'Gold is not an inflation hedge over your investment horizon.' (evidenceinvestor.com)
- Some reading on the career and investment philosophy of Lou Simpson. (rationalwalk.com)
Finance
- Citadel Securities has taken on its first outside capital. (wsj.com)
- Sequoia Capital is now registered with the SEC. (wsj.com)
Global
- Hong Kong's population is now in decline. (bloomberg.com)
- A record low number of Japanese turned 20. (ft.com)
Economy
- Retail workers are once again feeling the brunt of the pandemic. (nytimes.com)
- Grocery shelves are bare because there aren' enough people to stock them. (slate.com)
- 'Missing' American workers by age group. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: beta blues. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: the problem with planning. (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)
