Quote of the Day
"There’s a reason why index funds have more than $10 trillion in assets. Picking stocks that outperform the market is very difficult."
(Michael Batnick)
Markets
- Big drops to start a year tend to see big bounces back. (lplresearch.com)
- What's going on with TIPS prices? (eversightwealth.com)
Crypto
- Quant hedge funds are feasting on crypto. (ft.com)
- How much longer can FTX support the crypto industry? (bloomberg.com)
- Coinbase ($COIN) Pro is going away. (theblock.co)
- A big profile of Binance CEO Changpeng Zhao. (bloomberg.com)
Finance
- Rising interest rates are going to put fintech to the test. (economist.com)
- It's up to Opendoor ($OPEN) to show that iBuying can work. (bloomberg.com)
Voice
- A startup has built voice AI to help call centers. (techcrunch.com)
- Amazon ($AMZN) Alexa can now mimic a voice. (yahoo.com)
Economy
- Weekly initial unemployment claims have stopped going down. (bonddad.blogspot.com)
- A recession will put pressure on the work-from-home revolution. (theatlantic.com)
Earlier on Abnormal Returns
- Longform links: budget culture. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: difficult comparisons. (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)
