Quote of the Day
"We see maps all of the time depicting all manner of things: job creations, wealth, tax receipts, consumption, partisan affiliation, voting patterns. What many of these maps have in common is that they create a misleading picture of the nation."
(Barry Ritholtz)
Chart of the Day
These (big) companies are reducing share counts over time. (chart via @ycharts)
Markets
- The stock market really wants the war in Ukraine to end. (thereformedbroker.com)
- The stock market bounce has been impressive. (theirrelevantinvestor.com)
Strategy
- Is international diversification still worth it? (morningstar.com)
- Investors don't have to allocate to countries that repress freedom. (etftrends.com)
Crypto
- Grayscale may end up suing the SEC over its desire to convert the Grayscale Bitcoin Trust ($GBTC) into an ETF. (bloomberg.com)
- MicroStrategy ($MSTR) continues to borrow to buy more Bitcoin. (theblockcrypto.com)
Funds
- Morgan Stanley Investment Management is set to enter the ETF market. (investmentnews.com)
- Hedge fund launches bounced back in 2021. (institutionalinvestor.com)
Economy
- Some signs that good shortages are easing and inventories are rising. (bloomberg.com)
- The employment economy is out of balance, but not getting any better. (bonddad.blogspot.com)
- National home prices rose at a 19.2% rate through January, per Case-Shiller. (calculatedrisk.substack.com)
- Why the national housing shortage continues. (npr.org)
- Product shortages are forcing consumers to consider brand switching. (wsj.com)
Earlier on Abnormal Returns
- Research links: blending factors. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: selling the sizzle. (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)
