Quote of the Day
"Instead of chasing happiness, which is fleeting, people should be after contentment, which is similar but more enduring."
(Morgan Housel)
Markets
- International stocks are leading markets higher. (allstarcharts.com)
- Why outperforming broad market indices is still so difficult. (wsj.com)
- Would you rather outperform during bull markets or bear markets? (awealthofcommonsense.com)
Companies
- Uber ($UBER) is stuck. (slate.com)
- Amazon ($AMZN) is signalling the end of free returns. (axios.com)
- The commercial real estate recession is going to take a while to play out. (disciplinefunds.com)
Finance
- Big banks avoided the Q1 banking crisis. (wsj.com)
- Charles Schwab ($SCHW) is unique in financial services. (thinkadvisor.com)
- KKR ($KKR) is rapidly diversifying away from its private equity roots. (wsj.com)
Venture Capital
- The era of 'fake it till you make' in startups is officially over. (nytimes.com)
- Who will make money in AI is a wide open question. (axios.com)
Russia
- Why the arrest of a Wall Street Journal journalist in Russia shouldn't be surprising. (wsj.com)
- Fewer companies have actually left Russia than have announced their exit. (washingtonpost.com)
- Ukraine's soldiers are freezing their sperm. (nytimes.com)
Policy
- Why are Americans so pessimistic about their (economic) future? (morningstar.com)
- More states are cracking down on food stamps. (washingtonpost.com)
- U.S. courts could/will be flooded with AI-generated lawsuits. (wired.com)
- Election fraud claims are forcing more election workers to call it quits. (nbcnews.com)
- Clarence Thomas has a long history of incomplete financial disclosures. (washingtonpost.com)
- Just 16% of Social Security claims are filed at age 67 or later. (morningstar.com)
- Book banning has turned into closing public libraries altogether. (thedailybeast.com)
- Why is it that individual judges can nullify nationwide laws? (theatlantic.com)
Economy
- Are tightening lending standards going to tip the U.S. into recession? (tker.co)
- Q1 GDP tracking around 2%. (calculatedriskblog.com)
- This model shows a roughly 80% chance of a U.S. recession. (econbrowser.com)
- Remote work is helping boost household formation. (eig.org)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- When non-profits forget who they were set up to serve. (abnormalreturns.com)
- As it is with most things in life, the answer to the homeownership question is: it depends. (abnormalreturns.com)
- Don't pooh-pooh the digital resources available at your public library. (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)
