Quote of the Day
"The only thing that matters over the long term is earnings."
(Michael Batnick)
Markets
- Financials and energy continue to lead the stock market. (allstarcharts.com)
- The bull case for U.S. equities lies on strong earnings. (finance.yahoo.com)
Strategy
- Why the stock market doesn't like high inflation. (awealthofcommonsense.com)
- Do we undervalue the good old fashioned value of dividends? (freedomdaysolutions.com)
- Market history is not static. (wsj.com)
Trading bans
- We seem to be getting closer to a ban on stock trading for Congress. (npr.org)
- Why disclosure trumps trading bans. (rationalwalk.com)
Demographics
- Global population growth is going to turn negative, the question is how quickly. (theatlantic.com)
- What explains the drop in the U.S. birth rate, post-GFC. (marginalrevolution.com)
Policy
- What does good economic policy in high-variance era look like? (washingtonpost.com)
- Wealth inequality has accelerated with the mega-wealthy gaining ground. (ritholtz.com)
- Our economic policies don't recognize big regional differences. (bloomberg.com)
- Free community college is dead. (vice.com)
Economy
- Companies are getting creative in finding ways to raise prices. (wsj.com)
- Stopping inflation in its tracks would require too much pain. (nytimes.com)
- Why haven't inflation breakevens gone up? (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: a cure worse than the disease. (abnormalreturns.com)
- The upside of creating something every day. (abnormalreturns.com)
- What we can from Mackenzie Scott about donating money with intention. (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)
