Quote of the Day
"Silicon Valley spent the past half-decade out of reach of activist investors. No longer."
(Liz Hoffman)
Chart of the Day
The S&P 500 underperformed its equal weighted cousin the past couple years. (via @charliebilello)
Markets
- We are in the strongest part of the Presidential election cycle. (allstarcharts.com)
- Why value stocks can outperform for a while. (mailchi.mp)
Strategy
- Don't let any investment become your identity. (youngmoney.co)
- Why it's so hard not to tinker with your investment process. (behaviouralinvestment.com)
Companies
- The DOJ has filed suit against Google ($GOOGL) over online advertising. (cnbc.com)
- Eli Lilly ($LLY) is building a new plant which is another sign that demand for obesity drugs just keeps going up. (bloomberg.com)
- Amazon ($AMZN) has launched RxPass to provide generic medications for Prime users. (techcrunch.com)
Work
- Walmart ($WMT) is raising its minimum wage from $12 to $14/hour. (wsj.com)
- The bottom line is remote work saves people time (and money). (axios.com)
- Tipping is out of control. (apnews.com)
Global
- The UK's farms are feeling the pain of Brexit. (nytimes.com)
- Are aging populations going to tank sovereign bond ratings? (ft.com)
Economy
- Why big tech layoffs are not something to worry about, yet. (ritholtz.com)
- Why a 2% inflation target doesn't necessarily make sense. (msn.com)
- The Fed is on the verge of making a big mistake. (bloomberg.com)
Earlier on Abnormal Returns
- Research links: an investing lifetime. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: the overarching idea. (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)
