Quote of the Day
"In the very long run, stocks tend to go up. But that's only sustainable if that long-term gain is compensation for some shorter-term variability."
(Byrne Hobart)
Markets
- Narratives drive stocks and the GLP-1 narrative is strong these days. (herbgreenberg.substack.com)
- Just how expensive are the 'Magnificent Seven' stocks? (blog.validea.com)
- Why international equities may belong in your taxable account. (corporate.vanguard.com)
- There is no single model for the term premium. (wsj.com)
Finance
- What makes for a good annual shareholder letter? (capitalgains.thediff.co)
- Bloomberg is using AI to help price bonds in real-time. (institutionalinvestor.com)
- How the UAE became a hedge fund hub. (bloomberg.com)
Companies
- Amazon ($AMZN) now has 10,000 Rivian ($RIVN) vans on the road. (axios.com)
- Apple ($AAPL) leads the pack in terms of pushing suppliers toward decarbonization. (theverge.com)
- How AI is finding its way into QSRs. (axios.com)
Economy
- How much has geopolitical risk risen this week? (econbrowser.com)
- Just how out of reach have single family home prices gotten? (ritholtz.com)
- Core inflation has stopped going down. (econbrowser.com)
Earlier on Abnormal Returns
- Personal finance links: slowing down. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: acceptably high yields. (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)
