Quote of the Day
"I know that I cannot predict or time financial markets, and I am aware of what the rational, optimal course of action is. Yet it feels like the wrong thing to do."
(Joe Wiggins)
Markets
- What new lows tell us about the state of the bear market. (ofdollarsanddata.com)
- Regulatory arbitrage is feature, not a bug, of crypto. (bloomberg.com)
- A bear market has come for collectible sneakers. (wsj.com)
Retail
- Walmart's ($WMT) earnings miss is good news for customers. (tker.co)
- Shopify ($SHOP) is laying off 10% of its workforce. (wsj.com)
- Amazon ($AMZN) is raising Prime fees in Europe. (theverge.com)
Global
- Ukraine has its own inflation problem. (nytimes.com)
- Negative yielding debt is fading away. (wsj.com)
Economy
- Five things to keep in mind about dating recessions. (axios.com)
- Home price increases are cooling, per Case-Shiller. (calculatedrisk.substack.com)
- New home sales are falling dramatically. (bonddad.blogspot.com)
- How a remote work-heavy economy operates differently. (drorpoleg.com)
Earlier on Abnormal Returns
- Research links: strict risk management. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: financial well-being. (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)
