Quote of the Day
"He’s [Elon Musk] not trying to win votes from other shareholders and is not interested in being a fiduciary for Twitter. He just has a lot of money and wants to have some fun."
(Matthew Levine)
Strategy
- In Fed rate hiking regimes, the risk-reward equation for equities gets worse. (mailchi.mp)
- Why market timing is darn near impossible. (peridotcapital.com)
- Investment pundits tend to overestimate the risk of 'negative, low probability, high impact events.' (ritholtz.com)
- Gloom and doom sell newsletters. (washingtonpost.com)
Retail
- Costco ($COST) is as highly valued as Amazon ($AMZN). (marketwatch.com)
- Kmart is down to its last three stores. (apnews.com)
Economy
- The Fed is risking a big error by pushing the economy into a recession. (awealthofcommonsense.com)
- How rising mortgage rates will ripple through the housing economy. (bonddad.blogspot.com)
- Why recession talk is on the rise. (ft.com)
Earlier on Abnormal Returns
- Adviser links: beautiful charts. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
