Quote of the Day
"It’s impressive that Apple was innovative enough to resist gravity for as long as it did."
(Ben Thompson)
Chart of the Day
Consumer discretionary stocks have been struggling for awhile now.
Strategy
- Joe Wiggins, "Any investment is only as good as our ability not to make bad choices while we own it." (behaviouralinvestment.com)
- Why so many market moves are seemingly paradoxical. (demystifyingmarkets.com)
- On the difference between risk and uncertainty. (bankeronwheels.com)
Walgreens
- Walgreens ($WBA) is the worst performing stock in the S&P 500 YTD. (sherwood.news)
- A look at three companies dealing with decline, including Walgreens. (aswathdamodaran.blogspot.com)
Finance
- 0DTE options are coming for single stocks. (wsj.com)
- Withdrawals from multi-strategy hedge funds have increased. (ft.com)
Fund management
- Another fund manager is converting its mutual funds to ETFs. (etf.com)
- Do leveraged ETFs net-net contribute to market volatility? (ft.com)
Apple
- The new Apple ($AAPL) Watch 10 is thinner and bigger. (wsj.com)
- The new Airpod Pro 2 will also serve as hearing aids. (theverge.com)
- Apple Intelligence still isn't here. (spyglass.org)
- Apple's events are way too long these days. (spyglass.org)
- Apple owes Ireland a lot of money in back taxes. (sixcolors.com)
Economy
- Q3 GDP nowcasts are coming in around 2.5% growth. (econbrowser.com)
- Real median household income rose 4.0% in 2023. (axios.com)
Earlier on Abnormal Returns
- Research links: reasonably efficient markets. (abnormalreturns.com)
- Elder financial fraud is only going up. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: staffing a growing firm. (abnormalreturns.com)
- Noted personal finance writer Jonathan Clements is dying. He still has plenty left to teach us. (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)
