Quote of the Day
"Recent good news about our economic prospects should not lead us to conclusions that could quickly turn out to be overexuberant."
(Yascha Mounk)
Markets
- The word of the year is 'multiple expansion.' (axios.com)
- The stock market is betting on a soft landing. (wsj.com)
- This S&P 500 stock has no analyst coverage. (bloomberg.com)
Strategy
- How to get rich in the markets, ranked from hard to easy. (ritholtz.com)
- Four insights from the new edition of William Bernstein's "The Four Pillars of Investing." (morningstar.com)
Venture capital
- Fred Wilson, "Now that the NASDAQ has posted a couple of strong quarters, I would expect venture capital to respond. But it won’t happen overnight." (avc.com)
- Venture capital firms are scaling back their fundraising ambitions. (wsj.com)
Netflix
- Netflix ($NFLX) stands out in the streaming wars. (barrons.com)
- Netflix ($NFLX) is making hay in sports without paying for sports rights. (thestreamable.com)
ARK Invest
- ARK Innovation ETF ($ARKK) AUM is down two thirds from the peak. (wsj.com)
- Cathie Wood has written down her firm's stake in Twitter by some 47%. (wsj.com)
Fund management
- Vanguard is struggling to gain ground in Europe. (bloomberg.com)
- BlackRock ($BLK) plans to give shareholders in the iShares Core S&P 500 ETF ($IVV) a chance to vote proxies. (ft.com)
- Are the SEC's new rules going to kill the institutional prime money market fund? (institutionalinvestor.com)
- On the downside of 'greenhushing.' (esgadvocate.substack.com)
Global
- On the resilience of the Ukrainian tech sector. (wired.com)
- China is feeling the pressure to boost economic growth. (nytimes.com)
- Some Ukrainian children have been spirited off to Belarus. (telegraph.co.uk)
- How global population ages are shifting. (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: something to look forward to. (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)
