Quote of the Day
"The office market is becoming a negative-sum game, where overall value is depleted by outside forces (remote and AI), and participants must take something away from their competitors to maintain their current revenue, let alone grow it."
(Dror Poleg)
Markets
- The stock market sniffed out the lack of a recession in 2023. (awealthofcommonsense.com)
- Rubin Miller, "Annual forecasts are a deeply entrenched legacy exercise, disoriented toward client success but highly profitable for banks." (fortunesandfrictions.com)
Strategy
- Why you should keep in mind the 'return on hassle' when it comes to your investments. (ofdollarsanddata.com)
- Why people underperform their own investments. (ritholtz.com)
ETFs
- Joe Wiggins, "While it may be difficult for investors to make money from thematic funds, it is easy for asset managers." (behaviouralinvestment.com)
- TCW Group is buying the ETF business of Engine No. 1. (wealthmanagement.com)
Hollywood
- What happens to media companies if the strike(s) drag on? (theankler.com)
- The Hollywood strikes are more than just an economic battle. (variety.com)
Work
- Why presenteeism isn't going away any time soon. (bbc.com)
- How workers really spend their days. (wsj.com)
- Don't schedule meetings after 4pm. (vox.com)
- Weight discrimination is real. (wsj.com)
CRE
- Dror Poleg, "Office buildings are rightly perceived as more risky, and their income less predictable." (drorpoleg.com)
- Offices are only a part of the commercial real estate universe. (morningstar.com)
- New York City continues to add net square office footage. (bloomberg.com)
- Hotels are gearing up for longer stays. (nytimes.com)
Housing
- The May Case-Shiller numbers showed a 0.5% decrease in national home prices. (calculatedriskblog.com)
- Why new home sales are holding up better than existing home sales. (bonddad.blogspot.com)
- Joe Weisenthal and Tracy Alloway talk aboutt the two-tiered housing market with Morgan Stanley housing strategist James Egan. (bloomberg.com)
- Will Boomers act like prior generations when it comes to putting houses up for sale? (housingwire.com)
Earlier on Abnormal Returns
- Research links: finding the right model. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: the authenticity of human connection. (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)
