Quote of the Day
"Action bias feeds on fear. It convinces us that doing something, even the wrong thing, is better than sitting on our hands. But in investing, premature action can turn temporary paper losses into permanent financial damage."
(Vishal Khandelwal)
Trump
- Trump has filed to sell a bunch of Trump Media & Technology Group ($DJT) shares. (axios.com)
- Tesla ($TSLA) had a rough Q1, delivery-wise. (cnn.com)
- Newsmax ($NMAX) stock is nothing if not volatile. (sherwood.news)
- Trump just pardoned a company, HDR Global Trading, the owner of the BitMEX crypto exchange. (theintercept.com)
Companies
- Nintendo's Switch 2 is coming. (cnn.com)
- Roblox ($RBLX) has a new advertising partnership with Google. (sherwood.news)
AI
- Wikipedia is beset with AI bot crawlers. (engadget.com)
- The case for AI boosting human creativity. (spyglass.org)
- Are AI skeptics being hysterical? (conspicuouscognition.com)
Economy
- The Treasury curve has re-inverted. (econbrowser.com)
- Apartment vacancy rates are ticking higher. (calculatedriskblog.com)
- Tariff talk has created 'pervasive uncertainty.' (apricitas.io)
- Farmers, on average, voted for Trump. Will they get tariff exemptions? (theatlantic.com)
- Bill McBride, "The key tailwinds at the start of Mr. Trump's 1st term and now more neutral and even negative." (calculatedriskblog.com)
Earlier on Abnormal Returns
- Personal finance links: portfolio contortions. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: a marketing success. (abnormalreturns.com)
- You can now follow us on Bluesky. (bsky.app)
- Are you signed up for daily e-mail newsletter? Well, you should be. (abnormalreturns.com)
