Quote of the Day
"When we’re scared we lose all sense of control. We lose rationality. We lose perspective. And then we either rush prematurely for the exits or worse, double down on our mistakes."
(Sean McLaughlin)
Companies
- Overstock.com is going all-in on the Bed Bath & Beyond name. (theinformation.com)
- Downtown retail has more than just a crime problem. (bloomberg.com)
AI
- Why AI is worthy of the 'mega-trend' title. (institutionalinvestor.com)
- AI is going to have a mixed effect on Google ($GOOGL). (barrons.com)
- Where is the new wave of customer-focused AI companies? (om.co)
- Data quality matters when it comes to training finance AI models. (alphaarchitect.com)
Local
- What's behind the population decline in Portland, Oregon? (wsj.com)
- Miami-Dade is running out of buildable land. (bloomberg.com)
- Empty downtown office buildings are not just a problem for coastal cities. (businessinsider.com)
Economy
- Q2 GDP was revised up to 2.0% growth. (calculatedriskblog.com)
- Housing has shifted from a headwind to a tailwind. (wapo.st)
- Capex spending has stopped going down. (carsongroup.com)
- Anemic wage growth has held back views about the economy. (axios.com)
Earlier on Abnormal Returns
- Longform links: the most informed experts. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: not worrying about money. (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)
Mixed media
- 11 must-read investing books including "A Random Walk Down Wall Street" by Burton G. Malkiel. (ofdollarsanddata.com)
- Six books worth checking out including "Tomorrow and Tomorrow and Tomorrow" by Gabrielle Zevin. (danieldrezner.substack.com)
- Some of the best science-related books this summer including "How Far the Light Reaches: A Life in Ten Sea Creatures" by Sabrina Imbler. (sciencefriday.com)
