Quote of the Day
"I don’t believe there is a perfect portfolio. It’s only known with the benefit of hindsight."
(Ben Carlson)
Chart of the Day
When did this bull market start? The case for November 2022. (chart via YCharts)
Markets
- When did this bull market start? (ofdollarsanddata.com)
- Has the rise in implied stock (and bond) volatility all election-related? (ft.com)
Strategy
- Knowing what you DON'T believe is as important as what you do believe in. (awealthofcommonsense.com)
- How our memories affect how we invest. (klementoninvesting.substack.com)
Crypto
- Both candidates have given crypto a pass. (msnbc.com)
- What if memecoins ARE the point of crypto? (jpkoning.blogspot.com)
Real estate
- Apartment vacancy rates have stopped going up. (wsj.com)
- A cool 'new' office building in Brooklyn is having problems getting tenants. (wsj.com)
Global
- Is the German economic model broken? (on.ft.com)
- How global trade patterns are shifting. (klementoninvesting.substack.com)
- Does Chinese science fiction tell us anything about China today? (daily.jstor.org)
Economy
- In an economy as big and complex as the U.S. politics plays a tangential role. (disciplinefunds.com)
- The October ISM Services index came in at 56%. (calculatedriskblog.com)
- Models break all the time. (capitalspectator.com)
Earlier on Abnormal Returns
- Research links: a whole lot of factors. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: rolling in rollovers. (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)
Mixed media
- Cal Newport, "Use the stress of this election to be the final push needed to step away from the exhausting digital chatter that’s been dominating your brain." (calnewport.com)
- How to deal with election anxiety including 'Don’t look ahead too far. Answers will come.' (virginiaheffernan.substack.com)
- Don't let election coverage dominate your life. (twopct.com)
