Quote of the Day
"I’ve long thought that machine learning and AI might have a more profound impact on ETF investors by making markets riddled with behavioral bias more efficient."
(David Stevenson)
Chart of the Day
April 2023 leading economic indicators are pointing to a recession.
Finance
- Zero-day options are changing how the stock market operates. (finance.yahoo.com)
- Managing cash is no longer an afterthought. (institutionalinvestor.com)
- RIP, once and for all, Libor. (economist.com)
Funds
- Jon Hale looks at the evolution of sustainable investing over the past couple decades. (morningstar.com)
- ETFs are seeing increased adoption in Europe. (ft.com)
Apple
- Why Apple ($AAPL) is pushing ahead with a headset even though the goals have changed. (bloomberg.com)
- Apple's ($AAPL) headset is still 'experimental.' (wsj.com)
Sports
- It's just a matter of time before ESPN goes streaming. (wsj.com)
- Fanatics is buying PointsBet's U.S. sports betting business. (axios.com)
- How TopGolf makes money. (huddleup.substack.com)
Economy
- Weekly initial unemployment claims are ticking higher. (calculatedriskblog.com)
- The rapid rise in interest rates has increased the risk to the economy. (libertystreeteconomics.newyorkfed.org)
Earlier on Abnormal Returns
- Longform links: a generational wealth transfer. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: a tantalizing offer. (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)
