Quote of the Day
"Ultimately, however, a factor’s anomaly status is never quite fixed."
(Raymond Micaletti)
Chart of the Day
F45 Training ($FXLV), known for Mark Wahlberg’s involvement, is facing serious financial issues. (chart via @ycharts)
Markets
- Stop saying the market 'knows' something. (ritholtz.com)
- On the difference between investing, speculating and gambling. (novelinvestor.com)
Companies
- Cisco ($CSCO) is upping pay to retain employees. (theinformation.com)
- Crispr-derived therapies are rushing to market. (ft.com)
Venture capital
- Why it's not surprising that Adam Neumann got another shot from VCs. (fastcompany.com)
- Big VCs are feeling the pain of holding onto newly public tech stocks. (theinformation.com)
- A look at startups focused on noise reduction. (news.crunchbase.com)
Mortgages
- Giving up a 2.75% mortgage to move is a tough call these days. (awealthofcommonsense.com)
- U.S. mortgage lenders are feeling the pain of higher rates. (finance.yahoo.com)
- How higher mortgage rates are affecting the stock market. (mrzepczynski.blogspot.com)
Economy
- Higher prices are beginning to bite for consumers. (nytimes.com)
- The markets and Fed are engaged in a big game of chicken. (kyla.substack.com)
Earlier on Abnormal Returns
- Podcast links: the history of interest rates. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: what we owe future generations. (abnormalreturns.com)
- Single-bond ETFs are here. (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)
