Quote of the Day
"There’s no such thing as work life balance. There’s simply life. And you spend part of your life at work."
(Seth Godin)
Chart of the Day
One year, post-SVB, regional banks are still undeperforming. (chart via YCharts)
Strategy
- On the benefits of keeping an investment journal. (radreads.co)
- When an asset has no intrinsic value, i.e. gold, you have more decisions to make. (humbledollar.com)
Finance
- Private credit firms are on a hiring spree. (wsj.com)
- On the rise and fall of the Hipgnosis Song Fund. (variety.com)
Boeing
- Boeing's ($BA) quality problems didn't happen overnight. (nytimes.com)
- Why the Boeing 747 became a commercial success while the Concorde did not. (readtrung.com)
ETFs
- How to choose among total stock market ETFs. (humbledollar.com)
- How to sift through the ETF supermarket. (morningstar.com)
- ETF surcharges are coming. (thinkadvisor.com)
Policy
- The oil and gas boom is awkward for an administration committed to renewables. (axios.com)
- Why some state are easing restrictions on child labor. (wapo.st)
- Venue shopping has made a mockery of the judicial system. (ft.com)
- Oregon is pulling the plug on its drug legalization experiment. (politico.com)
- Book banning attempts are on the rise. (smithsonianmag.com)
Policy research
- Do we really want people to lose their licenses, and jobs, because they have unpaid debts? (clevelandfed.org)
- What the data says about domestic violence during Covid-19 lockdowns. (papers.ssrn.com)
- Why do people stay poor? (nber.org)
Economy
- Why the odds of a June rate cut are falling. (axios.com)
- Core PCE is STILL trending in the right direction. (disciplinefunds.com)
- Nowcasts are pointing to 2% GDP growth in Q1. (econbrowser.com)
- What many people are missing about the Sahm Rule. (stayathomemacro.substack.com)
- The puzzle of economic performance under Republic and Democratic administrations. (econbrowser.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Everything has an opportunity cost, everything. (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)