Quote of the Day
"There is no hedge that works for inflation, deflation, up markets, down markets, rising rates, falling rates, peace, war, recessions, expansions and everything else."
(Ben Carlson)
Markets
- It's easy to forget that markets can close and sometimes never reopen. (wsj.com)
- Why time in the market matters. (tker.co)
Vanguard
- Vanguard continues to gain ground on Blackrock ($BLK) in ETFs. (finance.yahoo.com)
- Vanguard is finding it harder to cut costs. (riabiz.com)
Russia
- Visa ($V) and Mastercard ($MA) have halted operations in Russia. (businessinsider.com)
- You can't divest from Russian equities if the stock market is closed. (institutionalinvestor.com)
- Why hasn't Russia done more on the cyber front? (wsj.com)
Policy
- The U.S. is dropping the ball when it comes to work visas. (bloomberg.com)
- Does the safety net help prevent violence? (econofact.org)
- What effect ending the child tax credit will have. (newyorker.com)
- What happens when the richest Americans don't pay taxes? (propublica.org)
Economy
- Most other economic measures have exceeded their pre-pandemic levels, except for employment. (econbrowser.com)
- We are going to have to live with higher energy costs. (mrzepczynski.blogspot.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: different pandemic eras. (abnormalreturns.com)
- Welcome Tim Ferriss listeners! (abnormalreturns.com)
- March ESG links: reflected values. (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)