Quote of the Day
"True expert intuition may often be associated with poor explanations. We should therefore be extremely suspicious of neat explanations in the broadest domains."
(Tom Morgan)
Markets
- Market-related Google searches are on the rise. (visualcapitalist.com)
- How Netlifx ($NFLX) explains the market over the past couple of years. (theirrelevantinvestor.com)
- Don't overthink it when looking at historical financial market returns. (awealthofcommonsense.com)
Strategy
- Ten rules for dealing with a market correction including 'Find something else to focus on.' (thereformedbroker.com)
- Why paranoid investors tend to survive. (collaborativefund.com)
- The problem with calling for a market crash. (pragcap.com)
- Piggybacking on other investor ideas comes with its own problem. (rationalwalk.com)
Finance
- The unwinding is going to take its toll on startup valuations. (500ish.com)
- In a down market, private equity turns back to the debt market. (ft.com)
Policy
- Big states are sitting on big budget surpluses. (wsj.com)
- The problem of racial wealth inequality in the U.S. is long standing. (thereformedbroker.com)
- On the economic after-effects of pandemics. (ritholtz.com)
- Disability payments have funded the increase in people out of the work force. (wsj.com)
- How health insurance coverage for children helps mothers. (papers.ssrn.com)
Economy
- Why the labor economy is so tight. (wsj.com)
- Is the Fed making a (big) policy mistake? (ryanavent.substack.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Coronavirus links: not game over. (abnormalreturns.com)
- Learning from your money mistakes. (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)
