Quote of the Day
"Volatility is your friend if you are saving money on a regular basis and define your time horizon in decades as opposed to months or years."
(Ben Carlson)
Markets
- How major asset classes performed in January 2023. (capitalspectator.com)
- January's market rally was kinda junky. (ft.com)
Fixed income
- On the trade-off between buying long-term vs. short-term bonds. (ofdollarsanddata.com)
- Brokerages are attracting more customers to their banking services. (wsj.com)
Companies
- Add Paypal ($PYPL) to the list of companies doing layoffs. (axios.com)
- Is the worst over at Peloton ($PTON)? (frontofficesports.com)
- Paramount Global ($PARA) is combining Paramount+ and Showtime in a single app. (thestreamable.com)
- The last Boeing ($BA) 747 has rolled off the assembly line. (axios.com)
Finance
- On the end of the star investment banker. (semafor.com)
- JP Morgan Asset Management is buying $500 million of timberland. (wsj.com)
- In praise of activist short sellers. (washingtonpost.com)
The Fed
- The Fed doesn't know any more than you do. (thereformedbroker.com)
- Why the Fed should just chill. (klementoninvesting.substack.com)
Economy
- The January ISM report was well below 50, indicating contraction. (calculatedriskblog.com)
- The apartment market is loosening. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Personal finance links: trading time. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (pastemagazine.com)
- Research links: considering all factors. (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)
