Quote of the Day
"This is a weird market. Tech investors are experiencing the dotcom blowup redux, while index investors are experiencing a very normal correction."
(Michael Batnick)
Markets
- Commodities were the only major asset class to have positive returns in April. (capitalspectator.com)
- Just about every financial asset is in a downtrend. (mrzepczynski.blogspot.com)
Strategy
- Better bond market returns have come at the price of current losses. (awealthofcommonsense.com)
- Why Dotcom analogies now make sense. (theirrelevantinvestor.com)
- Warren Buffett is no market timer. (tker.co)
Companies
- The aura of Netflix ($NFLX) invincibility is now gone. (variety.com)
- Why Spotify ($SPOT) is in trouble. (tedgioia.substack.com)
Russia
- Russia's tech workers are fleeing the country. (washingtonpost.com)
- Hackers now see it as open season on Russian networks. (washingtonpost.com)
- Read Bill Browder's “Freezing Order: A True Story of Money Laundering, Murder, and Surviving Vladimir Putin’s Wrath“ to learn about modern Russia. (ritholtz.com)
Economy
- Inflation fatigue is a drag on consumer spending. (wsj.com)
- What yield curve models say about the prospects for a recession. (econbrowser.com)
Earlier on Abnormal Returns
- Adviser links: prospective clients. (abnormalreturns.com)
- We have decided to sunset the monthly ESG linkfest. You can read the last one here. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone read last week on the site. (abnormalreturns.com)
- There are plenty of investments you can put into your 'too hard pile.' (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)
