Quote of the Day
"We are now living in an age of disintermediation for creative people."
(Ted Gioia)
Chart of the Day
Commodity prices, except for gold, have gone in reverse in 2023, YTD. (chart via @ycharts)
Crypto
- The SEC is suing Binance and its founder 'CZ.' (theblock.co)
- What's in the SEC Binance suit. (theverge.com)
AI
- IBM ($IBM) should be a player in AI. The stock market is skeptical. (barrons.com)
- AI has put a charge back into the tech industry. (washingtonpost.com)
Finance
- What happens when you merge two traditional asset managers who are experiencing outflows? (institutionalinvestor.com)
- A real, live IPO is set to price this week, Cava Group. (wsj.com)
- Fidelity is down some 41% on its Reddit investment. (techcrunch.com)
China
- You can't talk about emerging markets without mentioning China. (morningstar.com)
- How real estate poses a risk to the Chinese economy. (noahpinion.blog)
- China's local governments are full-up on debt. (ft.com)
Economy
- This measure of inflation has been falling for months. (snippet.finance)
- How big a factor is corporate profits on inflation? (econbrowser.com)
Earlier on Abnormal Returns
- Adviser links: sharing your expertise. (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)
