Quote of the Day
"Robots never demand a raise."
(Peter S. Goodman)
Markets
- Sharply higher rates define the markets of 2022. (theirrelevantinvestor.com)
- 1980s saw high inflation AND high interest rates. (awealthofcommonsense.com)
- By this measure the U.S. stock market is notably undervalued. (morningstar.com)
Strategy
- Studying successful people is fine, but beware 'hero worship.' (neckar.substack.com)
- Don't look for investment secrets in David Rubenstein’s “How to Invest: Masters on the Craft.” (wsj.com)
Companies
- Meta's ($META) Instagram is scaling back its commerce efforts. (theinformation.com)
- The new Apple ($AAPL) Watch Ultra is a beast. (theverge.com)
- Microsoft ($MSFT) is an investor in CloudKitchens. (ft.com)
Economy
- Some good economic news is currently bad news for the market (tker.co)
- The 2022 housing market is light years apart from 2008. (bloomberg.com)
- America's homeowners have a record amount of equity. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Personal finance links: blending theory and psychology. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: market forecasting. (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)