Quote of the Day
"Cost may not be everything, but when it comes to passive investing it’s a key consideration."
(Moira O’Neill)
August 2023
- How major asset classes performed in August 2023. (capitalspectator.com)
- A summary of S&P Dow Jones index returns in August 2023. (on.spdji.com)
Rates
- The bond market is completely different that it was a year ago. (awealthofcommonsense.com)
- U.S Treasury bonds are no track for their third straight year of losses. (markets.businessinsider.com)
Companies
- How retailers have responded to the post-pandemic era. (theatlantic.com)
- Instacart is profitable because of its advertising business. (fastcompany.com)
- When companies become hostile to their own customers. (om.co)
Real estate
- Owners are getting creative when it comes to repurposing office buildings. (washingtonpost.com)
- Year-over-year apartment rents are negative. (calculatedrisk.substack.com)
- Somebody owns all those empty office buildings. (nytimes.com)
Finance
- Zero-day options volume just keeps growing. (ft.com)
- Lessons from the mutual fund trading scandal, 20 years on. (morningstar.com)
Economy
- The August NFP showed continued growth and a 3.8% unemployment rate. (calculatedriskblog.com)
- The job market is definitely slowing. (bonddad.blogspot.com)
- The Fed is done. (ritholtz.com)
- Seven economic myths including that the consumer is 'tapped out.' (carsongroup.com)
- Higher interest rates are working their way through all parts of the U.S. economy. (wsj.com)
- The U.S. housing market isn't going to normalize under current circumstances. (bloomberg.com)
- Dave Nadig, Barry Ritholtz and Cameron Dawson talk 2023's economic cross-currents. (etftrends.com)
Earlier on Abnormal Returns
- Podcast links: the soundtrack of our lives. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: distracted from leisure. (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)
