Quote of the Day
"Living our portfolios day to day, week to week can easily lead to us forgetting the reason that we began investing."
(Joe Wiggins)
Chart of the Day
It’s hard for the stock market to break to new highs without tech stocks
Rates
- How an inverted yield curve affects stock and bond market returns. (mrzepczynski.blogspot.com)
- Utility stocks are battling higher fixed income yields. (wsj.com)
- High real yields are hurting the Federal budget deficit. (axios.com)
Strategy
- Dollar-cost averaging makes downturns less painful. (awealthofcommonsense.com)
- On the mismatch between our investment horizons and our actual behavior. (behaviouralinvestment.com)
Crypto
- What exactly would a spot Bitcoin ETF change? (blockworks.co)
- Lawyers are cleaning up on the FTX bankruptcy. (nytimes.com)
Finance
- Pension funds have successfully sued the big banks over their securities lending behavior. (pionline.com)
- Another sign that interest in cash is on the rise. (wsj.com)
Companies
- Tomasz Tunguz, "Open source software has evolved from a movement into a big business." (tomtunguz.com)
- Why you are seeing so many ads for Employee Retention Credit services. (wsj.com)
- Lab-grown diamonds are breaking the DeBeers cartel. (marginalrevolution.com)
- ESPN's flywheel is broken. (stratechery.com)
Fund management
- Why the ETF structure might be perfect for long-short strategies. (institutionalinvestor.com)
- Investors are starting to stretch out their bond fund durations. (morningstar.com)
Economy
- Heavy truck sales are still expanding. (calculatedriskblog.com)
- These two manufacturing sectors have yet to roll over. (allstarcharts.com)
- How much longer can the American consumer hold out? (ft.com)
- Soft landings are a rarity. (themoneyillusion.com)
Earlier on Abnormal Returns
- Research links: the importance of scale. (abnormalreturns.com)
- Adviser links: the power of personalization. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks 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)
