Quote of the Day
"We’ve now had two bear markets for the S&P 500 in less than three years. That’s the first time this has happened since the Great Depression."
(Ben Carlson)
Markets
- Mortgage rates are their highest level in 16 years. (bloomberg.com)
- Three reasons why international stocks have been such a big disappointment. (morningstar.com)
Strategy
- Why selling after a 25% decline has historically been a bad idea. (theirrelevantinvestor.com)
- When in doubt, rebalance. (blogs.cfainstitute.org)
- Everything about the Twitter ($TWTR) deal has been about 'Elon being Elon.' (arstechnica.com)
- How much is Musk overpaying for Twitter ($TWTR)? (barrons.com)
- A Musk-owned Twitter ($TWTR) will be drama-filled. (nytimes.com)
- It's not over until Twitter ($TWTR) shareholders are paid. (bloomberg.com)
- What next for Twitter ($TWTR)? (howardlindzon.com)
Retail
- American retailers are once again opening locations on a net-basis. (wsj.com)
- Goodwill is planning to compete with other luxury resales sites. (bloomberg.com)
- REI is permanently done with Black Friday. (cnn.com)
Finance
- Markets are convinced Credit Suisse need to raise a lot of capital. (ft.com)
- Why you should be wary of companies that become unicorns way too fast. (news.crunchbase.com)
Economy
- Heavy truck sales are strong. (calculatedriskblog.com)
- How the strong U.S. dollar is affecting emerging economies. (nytimes.com)
Earlier on Abnormal Returns
- Personal finance links: failing retirement. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: expected future earnings. (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)
