Quote of the Day
"Plain and simple, new highs aren’t bearish events. In fact, you tend to see new highs take place during bull markets..."
(Ryan Detrick)
Rates
- Interest rates have peaked. (disciplinefunds.com)
- Why the stock and bond markets are actually in disagreement. (bloomberg.com)
Charlie Munger
- Ten quotes from Charlie Munger including "Take a simple idea and take it seriously." (mastersinvest.com)
- Some more thoughts from the late Charlie Munger. (thefinancialbodyguard.com)
Banks
- Citigroup ($C) has shuttered its municipal bond business. (investmentnews.com)
- The efficiency of the ETF industry runs through a few key players. (finance.yahoo.com)
- Morgan Stanley ($MS) is still wrestling with the impact of its texting scandal. (nypost.com)
Startups
- Companies like Sunset and Simple Closure help startups close up shop. (wsj.com)
- The Coterie was built to investors manage their investments in VC funds and other alternative assets. (theinformation.com)
- Startups keep taking a crack at the market for local sports news and opinion. (washingtonpost.com)
Streaming
- Why production companies are increasingly licensing content to streamers. (variety.com)
- Why every cable outlet is running reruns. (nytimes.com)
- The Marvel-cession visualized. (entertainmentstrategyguy.com)
Economy
Earlier on Abnormal Returns
- Podcast links: AI playlists. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: consolidation and shakeout. (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)
