Quote of the Day
"There are a million jobs out there waiting to be brought to life by the right people crossing paths at the right time, and the internet amplifies your chances of making one of those connections."
(Jack Raines)
Markets
- What does the S&P 493 tell us? (economist.com)
- Is this bond bear market worse than the 1970s? (ft.com)
Finance
- Are bank stocks actually cheap? (ft.com)
- How rising interest rates will help hedge fund returns. (caia.org)
- FanDuel's parent company is planning a U.S. listing. (frontofficesports.com)
Big Tech
- Apple's fiscal 2023 in charts, including rising services and wearables sales growth. (sixcolors.com)
- Microsoft's ($MSFT) GitHub says that Copilot is already profitable, kind of. (semafor.com)
- Amazon ($AMZN) is expanding access to Amazon Fresh. (theverge.com)
Streaming
- Netflix ($NFLX) is revamping its movie strategy to focus on quality over quantity. (variety.com)
- Streamers need to be careful when it comes to ad load. (variety.com)
Fund management
- Should Calpers fire its managers and just buy ETFs? (mebfaber.com)
- Why Western asset management firms are struggling in China. (institutionalinvestor.com)
- Ray Dalio wants to forget about the new book written about him and Bridgewater Associates. (institutionalinvestor.com)
Economy
- Are the Fed's models for the economy broken, post-pandemic? (ritholtz.com)
- Still no sign of a sustained uptick in weekly initial unemployment claims. (calculatedriskblog.com)
- The many ways that (social) media shapes economic sentiment. (kyla.substack.com)
Earlier on Abnormal Returns
- Longform links: being and doing. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: avoiding losing. (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)
