Quote of the Day
"Trading stocks with the objective of generating quick capital is akin to navigating a minefield blindfolded. The stock market, inherently volatile and unpredictable, and often humiliating, is not a guaranteed fast track to wealth."
(Vishal Khandelwal)
Chart of the Day
(herbgreenberg.substack.com)Markets
- Managed futures did not have a great 2023. (rcmalternatives.com)
- Blackrock's ($BLK) iShares Bitcoin Trust ETF ($IBIT) has surpassed $1 billion in AUM. (blockworks.co)
Strategy
- How to use AI to do fundamental company analysis. (howardlindzon.com)
- How to use a negative checklist. (novelinvestor.com)
Finance
- Does private credit actually reduce systemic financial risk? (withoutwarningresearch.com)
- Wall Street is hoping for an IPO revival. (economist.com)
- BDCs are increasingly private, not publicly traded. (ft.com)
Global
- The countries that first started raising interest rates are now cutting. (economist.com)
- The German economy is stuck in the mud. (nytimes.com)
- Transsion is Africa's biggest selling phone maker. (semafor.com)
- In 2023 France had the fewest number of births since World War II. (msn.com)
- Changing demographic trends is tough. (danieldrezner.substack.com)
Economy
- The 'Sahm rule' is not going to trigger any time soon. (bonddad.blogspot.com)
- Housing inventory is rising from historically low levels. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Longform links: the whole journey. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: ebbs and flows. (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)