Quote of the Day
"The market has no memory, doesn't know where you live, nor what you know about."
(Rubin Miller)
Chart of the Day
It’s hard to be bearish if Berkshire Hathaway ($BRK.B) is at (or near) a 52-week high.
Markets
- Ten bad market takes including 'Recession is inevitable?' (ritholtz.com)
- 10 charts this week including the surge in Nvidia ($NVDA). (bilello.blog)
Strategy
- Why so many Americans think their house is the best investment. (awealthofcommonsense.com)
- Every investment plan needs some room for error. (humbledollar.com)
Finance
- How much bigger can JP Morgan Chase ($JPM) get? (wsj.com)
- Apple ($AAPL) is playing the long game in financial services. (barrons.com)
- WeWork ($WE) bonds are trading at 56 cents on the dollar. (businessinsider.com)
- AI is moving so fast, fintech startups are having to quickly pivot. (nytimes.com)
Taxes
- Tax filing companies are lining up against the IRS offering a free filing option. (npr.org)
- Why the IRS is scrutinizing new claims for the employee tax retention credit. (wsj.com)
Policy
- America's large transit systems have a big problem. (nymag.com)
- Diane Feinstein is not the first aging politician who has come under scrutiny. (theconversation.com)
- America is going to need more trained semiconductor workers. (nytimes.com)
- Noah Smith talks with Dan Wang about China's industrial policy successes and failures. (noahpinion.blog)
- The NBA is a model for immigration policy. (washingtonpost.com)
Economy
- American consumer behavior is normalizing. (tker.co)
- The mix of light vehicle sales keeps shifting toward pickups and SUVs. (calculatedriskblog.com)
- 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)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
