Quote of the Day
"There is no good reason for a company to just keep existing in the hope that something magical will happen in the future."
(Hunter Walk)
Chart of the Day

Just how bad are things for Disney ($DIS) stock? This bad. (via @charliebilello)
Strategy
- How high a VIX is too high? (mrzepczynski.blogspot.com)
- Do you need commodities in your portfolio? (humbledollar.com)
Crypto
- How the 'Fidelity mafia' has infiltrated the crypto industry. (wsj.com)
- Bitcoin’s mining difficulty level has reached an all-time high. (theblock.co)
Companies
- 3M ($MMM) is nearing a deal to settle military earplug suits. (msn.com)
- How J.M. Smucker ($SJM) is handling a return to the office. (wsj.com)
- Why companies are asking for ever increasing consumer feedback. (theatlantic.com)
Policy
- Why property tax rates vary so widely by locality. (wsj.com)
- How much can the U.S. raise taxes on the 0.01%? (city-journal.org)
- The number of nursing homes was in decline even before the pandemic. (wsj.com)
- What happens when all the OB/GYNs leave town due to abortion restrictions? (theguardian.com)
- Americans are asked to vote too much and too often. (theatlantic.com)
- Not everybody likes ranked choice voting. (stateline.org)
- The U.S. is exporting its gun problem to Canada. (bloomberg.com)
Economy
- The state of California is facing a bunch of limits on its growth. (nytimes.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)