Quote of the Day
"Margins of safety aren’t sexy."
(Jack Raines)
Chart of the Day
The rise in interest rates has caused stock investors to become pickier.
Strategy
- It's hard to overstate the impact of the big tech stocks on the U.S. stock market of late. (theirrelevantinvestor.com)
- Big tech stocks have their own valuation experience. (wisdomtree.com)
- Big Tech has messed with factor investors. (advisorperspectives.com)
Finance
- Blackstone ($BX) was early on the AI trend. (institutionalinvestor.com)
- Should you buy what Softbank is selling, i.e. Arm Holdings? (ft.com)
CRE
- How much commercial real estate exposure do regional banks really have? (wsj.com)
- Office to apartment conversions are likely going to need regulatory assistance. (bloomberg.com)
- Salt Lake City is booming. (nytimes.com)
Economy
- Weekly initial unemployment claims are off their lows of a year ago. (bonddad.blogspot.com)
- Why consumer sentiment is so depressed. (disciplinefunds.com)
- Have Fed rate hikes already worked its way through the economy? (chicagofed.org)
- Health insurance premiums are on the rise. (wsj.com)
Earlier on Abnormal Returns
- Longform links: the college casino. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: long forgotten subscriptions. (abnormalreturns.com)
- Public predictions are exhausting. (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)
