Markets

• Sharply higher rates define the markets of 2022. (theirrelevantinvestor.com)
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• 1980s saw high inflation AND high interest rates. (awealthofcommonsense.com)
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• By this measure the U.S. stock market is notably undervalued. (morningstar.com)
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Strategy

• Studying successful people is fine, but beware 'hero worship.' (neckar.substack.com)
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• Don't look for investment secrets in David Rubenstein’s “How to Invest: Masters on the Craft.” (wsj.com)
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Companies

• Meta's ($META) Instagram is scaling back its commerce efforts. (theinformation.com)
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• The new Apple ($AAPL) Watch Ultra is a beast. (theverge.com)
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• Microsoft ($MSFT) is an investor in CloudKitchens. (ft.com)
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Economy

• Some good economic news is currently bad news for the market (tker.co)
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• The 2022 housing market is light years apart from 2008. (bloomberg.com)
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• America's homeowners have a record amount of equity. (calculatedrisk.substack.com)
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Earlier on Abnormal Returns

• Personal finance links: blending theory and psychology. (abnormalreturns.com)
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• What you missed in our Tuesday linkfest. (abnormalreturns.com)
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• Research links: market forecasting. (abnormalreturns.com)
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• Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
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Mixed media

• Trying to convince people to do something is mostly futile. (dariusforoux.com)
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• Why companies need to monitor memes. (bloomberg.com)
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• The job of tech recruiters is changing. (nytimes.com)
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