Quote of the Day
"Financial risk does not ultimately depend on communications. It depends on the inherent uncertainty in future events."
(Roger Lowenstein)
Markets
- How major asset classes performed in July 2022. (capitalspectator.com)
- 30-year mortgage rates are well off their highs of a month ago. (calculatedriskblog.com)
- High yield bond spreads are still above average. (mailchi.mp)
Crypto
- A look at the sorry record of celebrity cryptocurrency endorsements. (bloomberg.com)
- Joe Weisenthal and Tracy Alloway talk with Benn Eifert about the seeming lack of risk managment among crypto firms. (bloomberg.com)
Venture capital
- The venture capital reckoning is here. (on.ft.com)
- Is there actually a way to short a startup? (protocol.com)
- Why would a tech company choose to list in London vs. the US? (ft.com)
Economy
- This indicator doesn't show a recession yet. (econbrowser.com)
- However manufacturing and construction now look like negatives for the economy. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: valuing your time. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
Mixed media
- Five insights from "Two and Twenty: How the Masters of Private Equity Always Win" by Sachin Khajuria. (nextbigideaclub.com)
- "Convertible Securities: A Complete Guide to Investment and Corporate Financing Strategies" by Maitland, Nelson and Partlow is a comprehensive look. (blogs.cfainstitute.org)
- An excerpt from "Buy This, Not That: How to Spend Your Way to Wealth and Freedom" by Sam Dogen. (getrichslowly.org)
