Quote of the Day
"Wealth alone cannot ever make you feel fully secure, but using that wealth to cultivate your unique gifts (and those of your children) might. Wisdom is an inheritance that can’t be squandered."
(Tom Morgan)
Markets
- U.S. stocks have outperformed international stocks for a decade now. (wsj.com)
- Closed-end fund discounts are at historically high levels. (wealthmanagement.com)
- Why seasonality matters. (allstarcharts.com)
Strategy
- What it going to happen to all those assets in money market fund when yields eventually fall? (awealthofcommonsense.com)
- Chances are you don't need a bespoke portfolio. (fortunesandfrictions.com)
ETFs
- Why it isn't surprising that ETFs are gaining market share. (pionline.com)
- DFA's move into ETFs has been a rousing success. (fa-mag.com)
- Blackrock ($BLK) is working toward a spot Ether ETF. (theblock.co)
Demographics
- U.S. population is expected to start declining in the second half of the 21st century. (census.gov)
- The Covid pandemic created 2 million excess U.S. retirements. (fa-mag.com)
- A shift in how American women think about having children. (wapo.st)
- The child care industry is in crisis. (washingtonpost.com)
Policy
- Red states are downgrading their environmental protection efforts. (statnews.com)
- Americans are uniquely stressed about health care (and health insurance) costs. (crr.bc.edu)
- Only half of those eligible for WIC use it. (modernfarmer.com)
- What is holding back legal sports betting in California? (politico.com)
- Why the U.S. doesn't have legalized prediction markets. (ft.com)
Economy
- Q4 GDP is tracking at 2%. (econbrowser.com)
- Any economic slowdown is coming with consumers in pretty good shape. (tker.co)
- On the divergence between consumer sentiment and the economy. (mrzepczynski.blogspot.com)
- Economic activity continues to shift toward these four Sunbelt cities. (barrons.com)
- The state of Vermont is the face of an aging American work force. (nytimes.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on Abnormal Returns. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (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)
