Quote of the Day
"For active investors, reducing fees paid is the easiest lever to pull to improve the odds of success."
(Joe Wiggins)
Chart of the Day

The U.S. dollar is up nearly 20% year-over-year. (via @bespokeinvest)
Markets
- The performance of major asset classes in August 2022. (capitalspectator.com)
- Value stocks seems to benefit from inflation. (klementoninvesting.substack.com)
Finance
- Why the amount of passively managed assets is underestimated. (ft.com)
- Why the Bloomberg Terminal isn't going anywhere. (ft.com)
- A wave of SPAC liquidations are coming. (ft.com)
Companies
- ADT ($ADT) is getting investments from Allstate and Google. (wsj.com)
- Apple ($AAPL) is building up its advertising efforts. (ft.com)
- Wi-fi data confirm a drop in Peloton ($PTON) bike use. (protocol.com)
- Cargo shipping rates have dropped dramatically since late last year. (wsj.com)
Russia
- Quantifying the hit that the Russian economy is taking. (econbrowser.com)
- Russia is scrambling to acquire high tech goods. (politico.eu)
Economy
- The U.S. labor situation is still tight. (ritholtz.com)
- How the drought is affecting U.S. crop yields. (washingtonpost.com)
- Home price growth is slowing. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Research links: market forecasting. (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)