Quote of the Day
"If 147-year-old major league baseball can rewrite its rules to address its existential challenges, then maybe there’s hope that this even older and even more rule-bound country can do the same for issues with far bigger stakes."
(Bryan Walsh)
Chart of the Day
No matter you how you slice it the bond bear market is pretty epic. (chart via @ycharts)
Strategy
- The math on the 60/40 portfolio looks a lot different than it did a year ago. (awealthofcommonsense.com)
- There is a difference between picking and choosing. (humbledollar.com)
Companies
- Nvidia ($NVDA) has succeeded with a distributed workforce. (drorpoleg.com)
- How Amazon's ($AMZN) advertising business got so big. (humbledollar.com)
- Covid has worked its way through Instacart's business. (thediff.co)
Policy
- American cities need more and better sidewalks. (governing.com)
- China is actively disseminating propaganda in the U.S. (rollingstone.com)
- Supreme Court justices are not immune from the effect of gifts. (theatlantic.com)
- Americans say they want more children than they actually have. (wsj.com)
- Congress has abandoned their responsiblity over trade policy. (theatlantic.com)
- Not every government in the world is getting older. (semafor.com)
- More Indian boarding schools have been identified. (washingtonpost.com)
Economy
- The U.S. labor market is slowing. (disciplinefunds.com)
- The case against further Fed tightening. (econbrowser.com)
- Why auto workers are on the verge of striking. (theweek.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this 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)
