Quote of the Day
"From an economic standpoint, nothing is signaling imminent recession ahead, but growth is indeed decelerating."
(Phil Huber)
Markets
- The 2023 stock market has been a mirror image of 2022. (theirrelevantinvestor.com)
- Individual stock correlations have been falling for awhile. (allstarcharts.com)
Strategy
- Why market timing is so seductive. (awealthofcommonsense.com)
- Why stock pickers can't ignore return factors. (albertbridgecapital.com)
Collectibles
- A review of "The Worth of Art: Financial Tools for the Art Market" by Arturo Cifuentes and Ventura Charlin. (blogs.cfainstitute.org)
- A real life example of the returns to coin collecting. (humbledollar.com)
Crypto
- A profile of Ben McKenzie and how he went from actor to cryptocurrency skeptic. (theringer.com)
- FTX has sued SBF and others to claw back misappropriated funds. (ft.com)
- Crypto media company, Coindesk was sold for $125 million. (axios.com)
ETFs
- The Nasdaq 100 is not the best constructed index. (morningstar.com)
- Investors can safely ignore a spot Bitcoin ETF. (bloomberg.com)
Startups
- Tomasz Tunguz, "This is the part of the startup cycle that’s the grit-your-teeth grind." (tomtunguz.com)
- Once hot startup Cameo is struggling. (theinformation.com)
- Have tech industry layoffs peaked? (news.crunchbase.com)
Technology
- Google co-founder Sergey Brin is back at work. (wsj.com)
- Does Reddit understand its own business model? (theverge.com)
- Why are we so focused on the harms of AI, when technology has already wrought a lot of harm? (theatlantic.com)
- A Q&A with Anthony Casalena, founder and CEO of Squarespace. (theverge.com)
Heat
- How excessive heat works its way into food prices. (wsj.com)
- Excessive heat as a lot of effects on the human body. (vox.com)
- Extreme heat is the next big workplace safety issue. (theatlantic.com)
- How health care providers are preparing for more cases of heat distress. (statnews.com)
Economy
- How much longer can the jobs market continue on this track? (bonddad.blogspot.com)
- Existing home prices now are in line with new home prices. (axios.com)
Earlier on Abnormal Returns
- Podcast links: the state of AI. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: the general mood. (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)
