Quote of the Day
"Our world is dictated by what we consume. And if that’s the past, then well, we are kinda stuck there. Forward momentum is hard."
(Kyla Scanlon)
Chart of the Day
Bitcoin is at its highest level in a year. (chart via CoinDesk)
Finance
- Have investors been fooled by the risk profile of private debt? (washingtonpost.com)
- Stock-based compensation only continues to grow. (ft.com)
Housing
- Need a break on apartment rent? Just give it a minute... (bloomberg.com)
- Housing inventory is set to go negative year-over-year. (calculatedriskblog.com)
Restaurants
- AI drive thru assistants may be good for business, but not for users. (cnn.com)
- Brazilians loves Outback Steakhouse. (wapo.st)
- Don't skip dessert, just take it go. (eater.com)
Economy
- Why pundits are so quick to blame the Fed. (youngmoney.co)
- Why the economy feels bad despite abundant jobs. (vox.com)
- Wealth inequality increases even at the highest levels. (ritholtz.com)
Earlier on Abnormal Returns
- Podcast links: dollar dominance. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the post-gatekeeper era. (abnormalreturns.com)
- Why we all need regular doses of Vitamin O, i.e. optimism. (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)
