Quote of the Day
"American investors worry that their ability to generate returns from China has been compromised by the geopolitical rift and the Communist Party’s tightening leash on domestic businesses."
(Juro Osawa)
Books
- An excerpt from Scott Patterson's "Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis." (fortune.com)
- Insights from "The Uncertainty Solution: How to Invest with Confidence in the Face of the Unknown" by John Jennings. (cxoadvisory.com)
- Five insights from Scott Patterson's "Chaos Kings: How Wall Street Traders Make Billions in the New Age of Crisis." (nextbigideaclub.com)
AI
- The OpenAI-Microsoft ($MSFT) partnership is not without conflict. (wsj.com)
- How Salesforce ($CRM) is position itself for the AI revolution. (fastcompany.com)
- Accenture ($ACN) is planning to spend big on AI. (venturebeat.com)
Finance
- Dissension inside Goldman Sachs ($GS) is growing. (wsj.com)
- Why this activist investor is facing off with John Malone over Comscore ($SCOR). (institutionalinvestor.com)
Fraud
- Did fintech lenders abet widespread PPP fraud? (onlinelibrary.wiley.com)
- Investigators are still toting up the costs of Covid-19 pandemic relief fraud. (apnews.com)
Japan
- What Japanese officials are doing to boost the stock prices of depressed companies. (mailchi.mp)
- Citadel is reopening its office in Japan. (asia.nikkei.com)
Demography
- Derek Thompson talks with Andrew Yeo about falling global fertility rates. (theringer.com)
- Marriage registrations in China keep falling. (semafor.com)
Economy
- Year-over-year consumer inflation ran at 4.0% in May. (calculatedriskblog.com)
- Falling shelter prices will drive the next leg down in CPI. (bonddad.blogspot.com)
- What a plain vanilla term spread model says about the prospects for a recession. (econbrowser.com)
Earlier on Abnormal Returns
- Research links: time period sensitivity. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: paying for advice. (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)
