Quote of the Day
"For a long, long time in this nation, business owners have grown their wealth faster than have business workers. I see no indication that this condition will change."
(John Rekenthaler)
Chart of the Day
The stock market ends up 30%+ more often than you think.
Strategy
- Lessons learned from watching markets for 37 years. (morningstar.com)
- The stock market goes up (and down) in chunks. (awealthofcommonsense.com)
- Big claims require proper evidence. (klementoninvesting.substack.com)
Crypto
- Howard Lindzon, "Memecoins are the fastest, funnest, wildest, siliest way to learn to trade and invest with real money." (howardlindzon.com)
- How a Trump administration could do to boost the crypto industry. (sherwood.news)
- Bitcoin has topped $90,000 for the first time. (axios.com)
- How to think about Bitcoin as an investment. (rogersplanning.blogspot.com)
Finance
- Klarna has filed for an IPO in the U.S. (ft.com)
- How Blackstone ($BX) is putting money to work in the Blackstone Private Equity Strategies Fund. (wsj.com)
- High yield index duration is falling. (apolloacademy.com)
Movies
- The case for keeping 'middlebrow' movies in the theaters. (vox.com)
- AMC ($AMC) is planning to invest in providing additional premium experiences. (boxofficepro.com)
Gambling
- Brazil is facing a widespread gambling boom. (finance.yahoo.com)
- The case against mobile sports betting. (substack.com)
Economy
- The CPI increased 2.6% over the past year through October. (calculatedriskblog.com)
- Shelter is still the driving force of inflation. (bonddad.blogspot.com)
- Consumer sentiment is now just a measure of political affiliation. (axios.com)
- The spread between Fed Funds and the 2-year Treasury has narrowed significantly. (capitalspectator.com)
- Dollar strength is hard to ignore. (econbrowser.com)
Earlier on Abnormal Returns
- Personal finance links: moving through hardship. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: driving financial crises. (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)
