Quote of the Day
“We do not seek or welcome further cooling in labor market conditions...The time has come for policy to adjust.”
(Jay Powell)
Markets
- Nvidia's ($NVDA) market cap is larger than all but four countries. (allstarcharts.com)
- It's now or never to lock in CD rates. (sherwood.news)
Global
- The Tokyo Stock Exchange is not messing around. (morningstar.com)
- How New Zealand (successfully) manages its sovereign wealth fund. (ft.com)
EVs
- EVs made up 8% of sales in Q2. (coxautoinc.com)
- Ford ($F) is backtracking on big EV SUVs and doubling down on hybrids. (theverge.com)
- Tesla ($TSLA) had to cut down a lot of trees to build its German gigafactory. (fastcompany.com)
Economy
- It's hard not to argue the economy is weakening. (disciplinefunds.com)
- Jobs numbers get revised all the time. (noahpinion.blog)
Earlier on Abnormal Returns
- Podcast links: fading dominance. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: constraining future historians. (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)







