Quote of the Day
"The future is always endlessly unpredictable. What changes isn’t the level of uncertainty, but the level of people’s complacency."
(Morgan Housel)
Markets
- Sometimes it takes a while for market expectations to get updated. (ritholtz.com)
- Four things that matter as much as IQ when it comes to investing success. (humbledollar.com)
- A list of resources for novice investors to learn about finance and investing. (moontower.substack.com)
Streaming
- “Top Gun: Maverick” should be a boost for Paramount Global ($PARA) as a standalone company. (nytimes.com)
- A big profile of Netflix's ($NLFX) Ted Sarandos who isn't cutting back on content. (nytimes.com)
Child policy
- The state of New Mexico is investing budget surpluses into free college and child care. (bloomberg.com)
- On the link between better school lunches and student performance. (microeconomicinsights.org)
- The child credit tax worked, so of course it ended. (vox.com)
Policy
- A rising unemployment rate affects everyone, not just those who lost their job. (stayathomemacro.substack.com)
- A case for cancelling student debt is to get a bunch of noncollectable loans off the books. (nytimes.com)
- The U.S. is needlessly turning away scores of STEM graduates. (thedispatch.com)
- Why the Foreign Dredge Act of 1906 is outdated and should be repealed. (thezvi.substack.com)
Economy
- Some signs that both the consumer and industrial sectors are slowing. (tker.co)
- The housing market is more important than the stock market for most Americans. (awealthofcommonsense.com)
- It's a good summer to get a job if you are a teenager. (nytimes.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Podcast links: options influence. (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)