Quote of the Day
"Investment skill is a poor substitute for time, especially in the markets."
(Michael Harris)
Bonds
- What is the bond market saying about the economy right now? (awealthofcommonsense.com)
- Bond investors are using 2022 to swap mutual funds into ETFs. (wsj.com)
- It's easy to overlook these bond market nuances. (humbledollar.com)
- A look at liquidity in the Treasury market. (ft.com)
Crypto
- How CoinDesk broke the FTX story and the fallout that ensued. (theverge.com)
- SBF secretly funded a prominent crypto news site. (axios.com)
- Hydro-Quebec wants to cut off crypto miners. (wsj.com)
- What can we learn from the SBF interviews. (capitalallocators.com)
C-suite
- Pepsi ($PEP) has become a hotbed for CEO talent. (fortune.com)
- Why Howard Schultz opposes unions at Starbucks ($SBUX). (nytimes.com)
- Mark Cuban is all-in on Cost Plus Drug Co. (wsj.com)
- Will a viable Twitter alternative exist before Twitter blows up? (theverge.com)
- When a social network dies, there's never a one-for-one replacement. (theinformation.com)
- Why we don't need another Twitter. (vox.com)
Fund management
- A big chunk of BREIT's 2022 returns have come from interest rate hedges. (wsj.com)
- Another reason why ETFs are gaining market share from mutual funds. (citywire.com)
- Just say no to thematic ETFs. (barrons.com)
Work
- Some male-dominated jobs, think water transportation, are going unfilled. (nytimes.com)
- Why does America have too few workers? (ritholtz.com)
Housing
- Mortgage rates have fallen, but not enough for most borrowers. (housingwire.com)
- What is going to happen to home prices if mortgage rates stay above 6%? (awealthofcommonsense.com)
Policy
- John Halpin, "Economic anxiety is the predominant emotion in American life today." (theliberalpatriot.substack.com)
- Why the U.S. still doesn't have paid family and medical leave. (politico.com)
- We never fixed the unemployment insurance system. (vox.com)
- Why cities should encourage the transition of office space to housing. (drorpoleg.com)
Economy
- The upstream producer price problem has rapidly abated. (bonddad.blogspot.com)
- The pandemic upended the hierarchy of U.S. ports. (wsj.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Podcast links: lifetime learning. (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)
