Quote of the Day
"The longer we do something, the more we have to work to sustain the fire of the startup mode: learning and doing new things. That is not only true in our trading, but in our personal lives."
(Brett Steenbarger)
Chart of the Day
Some explanations why implied volatility is seemingly so low. (chart via YCharts)
Bonds
- The U.S. Treasury market is only getting bigger. (wsj.com)
- The yield curve has been inverted for a record amount of time. (axios.com)
- Junk bond issuers are rushing to refinance and extend maturities with spreads at multi-year lows. (finance.yahoo.com)
- Which bonds prove as the best portfolio diversifier? (morningstar.com)
AI
- Don't let AI mumbo jumbo from a fund manager fool you. (institutionalinvestor.com)
- The Financial Times has a new generative AI chatbot called Ask FT. (theverge.com)
- How Anguilla is enjoying the AI boom. (nytimes.com)
Finance
- Patrick Mahomes finally takes an L. (sportico.com)
- There are more $100 bills in circulation than $1 bills. (apolloacademy.com)
Earlier on Abnormal Returns
- Adviser links: better Medicare coverage. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What you missed 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)