Quote of the Day
"When I look at Silicon Valley these days, it is hard to see folks dedicated to free markets and productive entrepreneurship."
(Daniel Drezner)
Markets
- The U.S. stock market hasn't made a new high in nearly 500 trading days. (awealthofcommonsense.com)
- How this yield curve steepening is different. (integratinginvestor.com)
Strategy
- ESG, or not, people are going to invest according to their values. (ritholtz.com)
- On the downside of focusing on high dividend yields. (insights.finominal.com)
Crypto
- Do futures-backed Bitcoin ETFs have a future? (ft.com)
- CoinDesk is changing hands. (wsj.com)
- The wash-sale rule doesn't (yet) apply to cryptocurrencies. (coindesk.com)
AI
- Microsoft ($MSFT) is the big winner in the OpenAI fiasco. (stratechery.com)
- AI development is computationally, and financially, expensive. (axios.com)
Finance
- Wherever you look, PE firms are struggling to exit investments. (ft.com)
- California still dominates venture capital funding. (news.crunchbase.com)
Economy
- Fed officials talk WAY too much these days. (bloomberg.com)
- Everything is great, and people are miserable. (vox.com)
- The trucking industry is in a downturn. (snippet.finance)
Earlier on Abnormal Returns
- Adviser links: a one-way street. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone read last week on the site. (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)
