Quote of the Day
"It's wonderful to have the entire world at the tips of your fingers, but you also have the entire world at the tips of your fingers!"
(Kyla Scanlon)
Chart of the Day
The S&P 500 is off to a historically strong start. (via @charliebilello)
Markets
- The stock market has exceeded where Wall Street strategists thought it would end. (tker.co)
- Earnings seem to have returned to their normal pattern. (ritholtz.com)
- "The price of gold has barely budged for two years." (economist.com)
Strategy
- Bear markets are transitory. (awealthofcommonsense.com)
- Why you are unlikely to outsmart the stock market. (theirrelevantinvestor.com)
- Why stocks are the best option for long term investors. (humbledollar.com)
- Economic forecasting is not the way to alpha. (thefinancialbodyguard.com)
Companies
- Bob Iger returned to a very different Disney ($DIS). (wsj.com)
- Eli Lilly ($LLY) is pushing farther into the obesity drug business. (biopharmadive.com)
- On the rapid rise (and fall) of Allbirds ($BIRD). (wsj.com)
Netflix
- Netflix ($NFLX) is still investing in the video game business. (theringer.com)
- Why Netflix ($NFLX) earnings calls are must-watch. (fastcompany.com)
Finance
- Why PE firms are targeting mom-and-pop businesses. (bloomberg.com)
- Why institutional investors want retail to jump into private equity. (institutionalinvestor.com)
- Depositors are demanding higher rates. (ft.com)
- The banking system is speeding up. (axios.com)
- Credit has flattened out this year. (disciplinefunds.com)
Twitter-Threads
- Mark Zuckerberg has revamped his image. (theatlantic.com)
- Twitter was in decline even before the launch of Threads. (wsj.com)
- How big a deal is the fact that Threads is using an open approach. (hbr.org)
- Advertisers are lining up to advertise on Threads. (slate.com)
- What happens when everyone is on a different app? (theringer.com)
- Elon Musk's Twitter isn't fun. (youngmoney.co)
Fund management
- The costs of ETF ownership differ by time horizon. (etf.com)
- The SEC is still trying to make money market mutual funds more resilient. (wsj.com)
- DFA wants to use the Vanguard model for ETF share classes. (etf.com)
Policy
- "America remains the only well-off democratic country without universal access to health insurance." (slate.com)
- How different economic schools of thought did on inflation. (noahpinion.blog)
- A small group of activists is driving the voter fraud issue. (propublica.org)
- Canada wants to entice U.S. visa holders north of the border. (wsj.com)
- Is the Great Stagnation finally over? (theatlantic.com)
Inflation
- The Fed won. It's time to declare victory. (ritholtz.com)
- Why the Fed shouldn't fear a 'double bump' in inflation. (disciplinefunds.com)
- Why we are not in the clear on the inflation front, yet. (theovershoot.co)
Economy
- Good news/bad news for the U.S. economy including falling gasoline prices and rising used car prices. (awealthofcommonsense.com)
- The yield curve is still screaming recession. (econbrowser.com)
- Why is the housing market hanging in there? (city-journal.org)
- Real wages are bouncing back. (bonddad.blogspot.com)
- Americans' views of the economy is colored by politics. (axios.com)
- Consumer confidence is birfucated. (econbrowser.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)
