Quote of the Day
"The symbolism of green investment is more important than the dollars-and-cents effect."
(Annie Lowery)
Chart of the Day

The S&P 500 is in an extended drawdown, time-wise. (chart via @ycharts)
Rates
Fund management
Sentiment
- How media is driving a wedge between the economy and sentiment. (ritholtz.com)
- Annie Lowery, "Things are great, but folks are mad." (theatlantic.com)
Global
- Poland's voters pushed back against autocracy. (politico.com)
- China's fertility rate has fallen off the table. (marginalrevolution.com)
Housing
- What it would take to unlock the housing market. (disciplinefunds.com)
- Existing home sales are in free fall. (bonddad.blogspot.com)
Economy
- Still no sign of a pick up in weekly initial unemployment claims. (calculatedriskblog.com)
- Dr. Copper should be retired. (economist.com)
Earlier on Abnormal Returns
- Longform links: our gamified lives. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: slowing down. (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)