Quote of the Day
"There are so many ways in which our flaws and strengths mirror one another."
(Brett Steenbarger)
Chart of the Day

What does it mean for the stock market when the Nasdaq is no longer leading the S&P 500? (chart via @ycharts)
Strategy
- Energy stocks have stopped going down. (allstarcharts.com)
- Don't fall in love with a stock. (financialducksinarow.com)
Crypto
- How much Bitcoin would spot ETFs hold? (bloomberg.com)
- Coindesk has laid off editorial staff. (theblock.co)
Finance
- The private credit business is booming. (axios.com)
- Small banks are less exposed to commercial real estate loans than commonly thought. (bloomberg.com)
- Allstate ($ALL) just caught a credit downgrade. (ft.com)
Companies
- Amazon ($AMZN) wants you to pay with your palm. (wsj.com)
- Disney ($DIS) World has a heat problem. (fastcompany.com)
- Self-storage prices just keep going up. (qz.com)
Economy
- When is the first Fed rate cut coming? (ft.com)
- On the implications of the end of zero interest rates. (econbrowser.com)
Earlier on Abnormal Returns
- Adviser links: financial compassion. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone read 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)