Quote of the Day
"I don't write about individual stocks anymore because I don't want to influence an investment decision that costs someone else money. Yet from CNBC to Twitter, promoters unashamedly shill their favorite investment ideas every single day."
(Jack Raines)
Markets
- Energy is driving relative fund performance. (morningstar.com)
- The leveraged loan market is seeing some stress. (bloomberg.com)
Bear markets
- Noise increases during bear markets. (behaviouralinvestment.com)
- Bear markets are nothing, if not volatile. (evidenceinvestor.com)
Crypto
- On the state of the crypto crash. (amycastor.com)
- Not every crypto company is laying people off. (thestreet.com)
- What are Ethereum miners going to do postmerge? (bloomberg.com)
- What now for El Salvador? (newscientist.com)
Finance
- How Gary Gensler wants to reshape U.S. equity markets. (economist.com)
- Wealthsimple is laying off 13% of its workforce. (bnnbloomberg.ca)
- Is the CFA losing its luster? (ft.com)
Work
- A weakening economy could put a dent in the 'Great Resignation.' (wsj.com)
- Publishing salary ranges will help job seekers. (axios.com)
- Internships in some industries are still unpaid. (nytimes.com)
Economy
- Weekly initial unemployment claims are ticking higher. (calculatedriskblog.com)
- Housing starts are rolling over. (bonddad.blogspot.com)
- What does the Sahm Rule say about the prospect of a recession? (econbrowser.com)
- The Fed has already made a policy mistake. (pragcap.com)
Earlier on Abnormal Returns
- Longform links: moving the world forward. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the critical component. (abnormalreturns.com)
- The S&P 500 has entered a bear market, but you should be paying more attention to what is going on in the bond market. (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)
