Quote of the Day
"I suspect that when Twitter is eventually displaced, as it undoubtedly will be, its successor will be not Twitter-but-different but rather something not much like the platform at all..."
(Meghan McArdle)
Markets
- How do muni bonds stack up going into 2023? (marketwatch.com)
- In a calendar year, stocks can rise while earnings fall. (tker.co)
Commodities
- Why orange juice prices are soaring. (wsj.com)
- The periodic table of commodity returns for 2022. (visualcapitalist.com)
Strategy
- A quick reminder that a covered call position is equivalent to being short a put. (allstarcharts.com)
- Why 2022 was an unusually bad year for the 60/40 portfolio. (washingtonpost.com)
Finance
- Morgan Stanley ($MS) is besting Goldman Sachs ($GS) when it comes to wealth management. (wsj.com)
- PE firms are still having problems keeping junior analysts. (institutionalinvestor.com)
- Startup valuations trended down in the second half of 2022. (angellist.com)
- Economic uncertainty is not slow the pace of investment at Brookfield Infrastructure Partners ($BIP). (institutionalinvestor.com)
Economy
- Retail sales fell 1.1% in December 2022. (calculatedriskblog.com)
- Industrial production rolled over in December 2022. (bonddad.blogspot.com)
- National homebuilder bounced back in January. (calculatedriskblog.com)
- How inflation has changed consumer behavior. (wsj.com)
- Why the Fed's tools aren't all that helpful these days. (ritholtz.com)
Earlier on Abnormal Returns
- Personal finance links: the endowment effect. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: trend-following principles. (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)
