Quote of the Day
"If you’re selling US stocks today because you’re waiting for a calmer, more peaceful time in the Middle East to buy back in, you’ll be waiting for the rest of your life."
(Joshua Brown)
Chart of the Day
India’s stock market left China, and the rest of emerging markets, in the dust. (chart via @ycharts)
Strategy
- The key to successful investing is patience. (blog.validea.com)
- Five common mistakes investors make. (blogs.cfainstitute.org)
- When aiming down the middle makes sense. (humbledollar.com)
Finance
- Private credit is the new bank. (wsj.com)
- How the Intercontinental Exchange ($ICE) became a big player in the mortgage business. (wsj.com)
CRE
- Even Texas's office buildings are seeing high vacancy rates. (wsj.com)
- You think moving out of an apartment is a hassle, check out what needs to be done vacating office space. (nytimes.com)
Economics
- Claudia Goldin has won the 2023 Nobel Prize in Economics. (marginalrevolution.com)
- Goldin is the first solo female winner of the prize. (bloomberg.com)
- What Goldin's work demonstrates about flexibility for women in the workplace. (bloomberg.com)
- Goldin's research highlights the pay gap between between men and women. (breakingviews.com)
Earlier on Abnormal Returns
- Adviser links: choosing to work. (abnormalreturns.com)
- Sub-3% mortgage rates are now a distant memory. (abnormalreturns.com)
- What you missed in our Sunday linkest. (abnormalreturns.com)
- Top clicks last week on Abnormal Returns. (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)
