Quote of the Day
"The bottom line is that whatever strategy you employ, you need to have a plan."
(Michael Batnick)
Markets
- How major asset classes performed in February 2022. (capitalspectator.com)
- The S&P 500 is now well below its 200 day moving average. (mebfaber.com)
Strategy
- Market declines engender all manner of stresses. (mebfaber.com)
- Optimists have won out over the past few centuries. (ofdollarsanddata.com)
- The range of potential outcomes, due to the invasion, have widened. (awealthofcommonsense.com)
Companies
- Target's ($TGT) revenue topped $100 billion last year. (wsj.com)
- On the Amazonification of Whole Foods. (nytimes.com)
Finance
- Private credit markets have doubled in size since 2015. (economist.com)
- Car dealers really want you to take out a loan for your new car. (wsj.com)
Funds
- Broad portfolio diversification has been a drag over the past decade. (morningstar.com)
- Active management fees continue to decline. (institutionalinvestor.com)
Sanctions
- Putin likely miscalculated the prospect of unified economic sanctions. (newyorker.com)
- Ordinary Russians are going to pay the economic price for the invasion. (monevator.com)
- A good primer from Derek Thompson and Noah Smith on how economic sanctions on Russia could play out. (podcasts.apple.com)
Economy
- Rents are still increasing and will flow through into CPI throughout 2022. (calculatedrisk.substack.com)
- Why economists were surprised by inflation. (morningstar.com)
Earlier on Abnormal Returns
- Research links: active share evidence. (abnormalreturns.com)
- March ESG links: reflected values. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: ESG angst. (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)
