Quote of the Day
"When it comes to finance and economics, the media talks about yesterday’s news. Price action tells the story right now. And trends and relative strength offer a hint of the future."
(Sean McLaughlin)
Markets
- Why aren't the markets more worked up about a potential government debt default? (fa-mag.com)
- How AI hype has affected the stock market, YTD. (ft.com)
Strategy
- Big market bubbles can have a lasting effect on investors. (awealthofcommonsense.com)
- Don't let investment regret derail your entire portfolio. (blogs.cfainstitute.org)
Amazon
- What is Amazon's ($AMZN) next move in food retailling? (wsj.com)
- Amazon ($AMZN) is now warning customers about 'frequently returned' items. (thecooldown.com)
Banking
- Why a ban on short selling of bank stocks is ill-advised and unlikely. (axios.com)
- There was no shortage of bidders for Silicon Valley Bank. (semafor.com)
Future Proof 2023
- The lineup for FutureProof 2023 has been announced. (thereformedbroker.com)
- Why FutureProof is bigger and better this year. (ritholtz.com)
Sports betting
- For better or worse, sports gambling apps are designed for engagement. (unherd.com)
- Sports betting ads are ubiquitous. Do they need to be regulated? (theathletic.com)
Economy
- There is one big difference between PPI and CPI. (bonddad.blogspot.com)
- Bill McBride, "House prices are under pressure due to higher mortgage rates, but prices are being supported by low levels of inventory." (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Podcast links: the new venture landscape. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: different types of questions. (abnormalreturns.com)
- Everybody is a creative, whether they acknowledge it or not. (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)
