Quote of the Day
"One of the problems of market forecasts is that they are so easy to make."
(Joe Wiggins)
Markets
- Joshua Brown, "In times like these, when the bombs are falling and the new 52-week low list is littered with blue chip stocks, your behavior becomes the only thing you can control." (thereformedbroker.com)
- The current S&P 500 drawdown to-date is the 19th deepest since 1950 (capitalspectator.com)
- The seven biggest stocks in the U.S. are $3 trillion lower today than they were at their combined peaks. (theirrelevantinvestor.com)
Gasoline
- Why gasoline prices are always top of mind. (awealthofcommonsense.com)
- What matters more? Higher gasoline prices or a flatter yield curve? (econbrowser.com)
- Higher gasoline prices make a commute to work all the less attractive. (bloomberg.com)
Crypto
- The Biden administration is getting closer to a crypto regulation solution. (politico.com)
- A rundown of what entertainment companies are doing with NFTs. (variety.com)
- You can hide crypto, it's a lot harder to move it. (protocol.com)
Venture
- Tiger Global is going in on seed rounds. (news.crunchbase.com)
- AngelList just raised a fresh new round of capital. (techcrunch.com)
- Homebrew is getting off the fundraising treadmill. (protocol.com)
Fund managment
- The performance of Digital World Acquisition Corporation ($DWAC) and its warrants 'continues to baffle.' (morningstar.com)
- JPMorgan Chase ($JPM) announced it will remove Russian debt from its widely used bond indices (finance.yahoo.com)
- The so-called 'Tiger Cubs' bet big on technology stocks. (ft.com)
Economy
- The war in Ukraine completely changed the economic narrative for 2022. (ritholtz.com)
- The MLB lockout is putting the hurt on cities in Florida and Arizona. (wsj.com)
Earlier on Abnormal Returns
- Research links: decision making analysis. (abnormalreturns.com)
- The 2022 Credit Suisse Global Investment Returns Yearbook is here! (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: humility and openness. (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)
