Quote of the Day
"We are not rational beings, even if economics text books assume we are. And so, the best hope you have is to minimize mistakes of emotions, not eliminate them."
(Vishal Khandelwal)
Markets
- Investors are rightfully bearish, but bear markets eventually end. (thereformedbroker.com)
- Everything sucks. Five things that could go right. (ramp.beehiiv.com)
- Protective puts are in fashion. (ft.com)
Companies
- As a company, Nvidia ($NVDA) is not afraid of taking risk. (stratechery.com)
- Netflix ($NFLX) is building its own gaming studio. (engadget.com)
- The most recent class of IPOs have been a bust. (wsj.com)
- Porsche is a unique asset. (thediff.co)
The UK
- The Pound traded at a record low against the dollar. (ft.com)
- Why a weak Pound matters. (nytimes.com)
- UK homeowners are going to feel the pain of higher rates. (bloomberg.com)
Work
- Hybrid work is going to make older office buildings even less attractive. (bloomberg.com)
- U.S. manufacturing employment is now above pre-pandemic levels. (nytimes.com)
- Home health workers are finding it easier to make more money in other industries. (washingtonpost.com)
Economy
- Monthly mortgage payments saw a record jump in the past year. (calculatedriskblog.com)
- High inflation puts the Fed in opposition to the stock market. (tker.co)
- Is the Fed making a huge mistake? (awealthofcommonsense.com)
Earlier on Abnormal Returns
- Adviser links: changing relationships. (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)
