Quote of the Day
"Timing and luck often play a larger role when it comes to financial success in the markets than most people would be willing to admit."
(Ben Carlson)
Markets
- Small cap stocks have given up their relative gains over the past few years. (allstarcharts.com)
- One-year out S&P 500 earning estimates have stopped going down. (axios.com)
Strategy
- Investor sentiment is out of whack with reality. (ritholtz.com)
- Why AI is unlikely to turn you into a stock picking genius. (bloomberg.com)
Companies
- Energy companies are sitting on a growing pile of cash. (wsj.com)
- Anything construction-related is booming. (wsj.com)
Retailing
- 'Reverse ATMs' are now a thing for retailers. (axios.com)
- The age of free online returns are over. (theatlantic.com)
Venture capital
- The AI gold rush is on, funded by VCs. (wsj.com)
- Silicon Valley is awash in Saudi cash. (vox.com)
- Small VCs are most impact by the end of Silicon Valley Bank and First Republic. (theinformation.com)
- The startup life can be hard on a founder's mental health. (feld.com)
Economy
- Why is employment holding up so well? (bonddad.blogspot.com)
- The percentage of Americans at work is falling. (axios.com)
- "The Fed is no longer behind the curve." (econbrowser.com)
Earlier on Abnormal Returns
- Adviser links: a fundamental misalignment. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)
