Quote of the Day
"Just because something happened a bunch of times in the past doesn’t mean it must happen again in the future."
(Sam Ro)
Chart of the Day
The bond market is still in the midst of its worst bear market. (via @charliebilello)
Bonds
- Are bonds finally done going down? (allstarcharts.com)
- On the differences between individual bonds and bond funds. (humbledollar.com)
- Why the Fed should be buying mortgage bonds. (awealthofcommonsense.com)
Companies
- Berkshire Hathaway ($BRK.A) has sold down a big slug of Apple ($AAPL) stock in favor of cash. (marketwatch.com)
- How Twitch could turn into another Amazon ($AMZN) 'zombie' brand. (sherwood.news)
- Should a startup ever spend $1.8 million on a URL? (spyglass.org)
Work
- How a national retirement savings plan would work. (morningstar.com)
- Paid sick leave mandates help employees better maintain work-life balance. (papers.ssrn.com)
- How McDonalds' ($MCD) wages vary by geography. (papers.ssrn.com)
Taxes
- No matter who is President in 2025, taxes will be at the top of the agenda. (nytimes.com)
- Opportunity Zones have largely been a disappointment. (nytimes.com)
Politics
- The case for ranked choice voting. (marginalrevolution.com)
- Beware politicians kowtowing to the crypto crowd. (hamiltonnolan.com)
Regulation
- How the FTC could greatly reduce robocalls and spam texts. (sherwood.news)
- The U.S. is awash with knock-off vapes and the FDA isn't doing all that much about it. (sherwood.news)
Economy
- The U.S. economy is on shakier ground. (axios.com)
- Cullen Roche, "The Fed is in a real bind now." (disciplinefunds.com)
- The American consumer is slowing down. (ft.com)
- The labor economy has slowed down to pre-pandemic levels. (employamerica.org)
- Three times the Sahm Rule has triggered. (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)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
