Quote of the Day
"Like any gold rush, the crypto craze has created vast wealth for a few — and a trail of misery for many."
(Adam Lashinsky)
Chart of the Day
What historically happens in the second year of a bull market. (via @RyanDetrick)
Markets
- Retail investors love T-bills. (economist.com)
- You can't attribute changes in yields to any single factor. (economist.com)
Finance
Facial recognition
- Like it or not, face search engines are coming. (npr.org)
- Five insights from "Your Face Belongs to Us: A Secretive Startup’s Quest to End Privacy as We Know It" by Kashmir Hill. (nextbigideaclub.com)
Hearing
- What we lose by wearing noise cancelling headphones all the time. (wsj.com)
- Hearing is wellness. (fastcompany.com)
Economy
- How shelter played a role in September's CPI report. (bonddad.blogspot.com)
- Still no sign of a sustained pick up in weekly initial jobless claims. (calculatedriskblog.com)
- Americans are spending down their pandemic-era savings compared to the rest of the world. (libertystreeteconomics.newyorkfed.org)
- A halt in growth in the prime working age population in the U.S. is coming. (bloomberg.com)
Earlier on Abnormal Returns
- Longform links: an inch-deep pool of self-interest (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: optimizing wealth strategies. (abnormalreturns.com)
- The current ETF market provides something for everyone. (abnormalreturns.com)
- Dying with zero: the life of Charles Feeney. (abnormalreturns.com)
- Sub-3% mortgage rates are now a distant memory. (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)
