Quote of the Day
"The time to be worried about inflation is when it’s going higher, it’s going higher faster than people expect, people expect it to be or stay above central bank targets for a long time, and the underlying dynamics that could make that happen are in place."
(Luke Kawa)
Companies
- Mars Inc. is buying Cheez-It maker Kellanova ($K). (wsj.com)
- Tilray Brands ($TLRY) has acquired four craft breweries from Molson Coors ($TAP). (finance.yahoo.com)
Finance
- How much of the work of a junior analyst can be done by AI? (ft.com)
- Reverse stock splits are usually a last ditch effort. (sherwood.news)
Fund management
Economy
- Core July CPI rose 0.2%. (calculatedriskblog.com)
- CPI is still being driven, in part, by shelter costs. (bonddad.blogspot.com)
- Mortgage applications are picking up. (axios.com)
- A slowing economy doesn't a recession make. (spilledcoffee.co)
- Economists are not great at forecasting recessions. (morningstar.com)
- Understanding official economic data is a skill in and of itself. (backofmind.substack.com)
Earlier on Abnormal Returns
- Personal finance links: passing through. (abnormalreturns.com)
- What you missed in our Tuesday linkest. (abnormalreturns.com)
- Research links: real world finance. (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)







