Quote of the Day
"As far as market bottoms go, fundamentals are basically useless."
(Ben Carlson)
Markets
- How worried should the average investor be about the sell-off in speculative growth stocks? (morningstar.com)
- The meme-stock phenomenon may have hurt Robinhood ($HOOD) in the long run. (theirrelevantinvestor.com)
Crypto
- WisdomTree ($WETF) is launching its own blockchain mobile app. (blockworks.co)
- Fidelity is launching metaverse and crypto-focused ETFs. (theblockcrypto.com)
Companies
- Apple ($AAPL) now has 1.8 billion active devices. (theverge.com)
- There are only three U.S. companies left with a AAA credit rating. (humbledollar.com)
- Most companies disappoint. (novelinvestor.com)
Venture
- Global startup funding doubled in 2021. (cnbc.com)
- All the money flowing into fintech is going make financial advice better and cheaper. (ritholtz.com)
ETFs
- Why ETFs have a tax advantage. (morningstar.com)
- Luck matters a lot for which thematic ETFs hit and which don't. (etf.com)
Economy
- U.S. GDP has rebounded to near its pre-Covid potential. (econbrowser.com)
- The PCE came in at 5.8% in December. (nytimes.com)
- Labor costs rose nearly 4% in 2021. (wsj.com)
Earlier on Abnormal Returns
- Podcast links: revolution in reverse. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: a bet worth placing. (abnormalreturns.com)
- A market correction reading list from Josh, Michael, Ben, Barry and Blair. (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)
