Quote of the Day
"A poorly defined, simplistic trading process reinforces laziness and fails to build us cognitively or emotionally."
(Brett Steenbarger)
Chart of the Day
This is what can happen if you don’t rebalance your portfolio. (via @charliebilello)
Markets
- A great visualization of how calm the U.S. stock had been up until this week. (sherwood.news)
- Legalized gambling is illegal in India, but online stock trading is not. (on.ft.com)
Finance
- Private equity is sitting on record dry powder. (institutionalinvestor.com)
- No one really knows where that capital is headed. (ft.com)
- Private credit has plenty of capital to put to work as well. (axios.com)
EVs
- EVs are becoming an increasingly realistic option for new car buyers. (news.dealershipguy.com)
- Amid all the sturm and drang, the EV ecosystem is on track. (slate.com)
- The GOP really doesn't like EV tax credits. (theverge.com)
Economy
- Weekly initial unemployment claims continue to tick higher off the bottom. (calculatedriskblog.com)
- There is some seasonality in initial claims. (sherwood.news)
- The hiring boom for software developers is over. (axios.com)
Earlier on Abnormal Returns
- Longform links: generalized anger. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: efficient conversions. (abnormalreturns.com)
- Why meme stocks and sh*tcoins are a logical outgrowth of the analytics revolution. (abnormalreturns.com)
- A lifetime subscription is anything but. (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)
