Quote of the Day
"While we fight culture wars, China builds capacity."
(Alex Tabarrok)
Chart of the Day
Industrials are leading in 2025, while consumer discretionary lags. (chart via YCharts)
Strategy
- You can't eliminate the noise, but you can manage around it. (ritholtz.com)
- Should you exclude Chinese stocks from your international allocation? (morningstar.com)
- History only tells us so much about investment returns. (whitecoatinvestor.com)
Companies
- Advertising is a big (and growing) business for the delivery companies. (platformaeronaut.com)
- OpenAI and Microsoft ($MSFT) are beefing. (spyglass.org)
- WhatsApp is getting ads. (theverge.com)
Finance
- Charles Schwab ($SCHW) could get involved in prediction markets. (riabiz.com)
- Big banks are still more than happy to finance fossil fuel deals. (semafor.com)
Work
- 9-5 is increasingly an anomaly as people work outside normal hours. (wsj.com)
- Why no on uses corporate wellness programs. (fastcompany.com)
- People need to be nudged to engage in salary negotiations. (papers.ssrn.com)
Economy
- National home builder confidence fell to one of its lowest levels since 2012. (calculatedriskblog.com)
- Tariff front running is washing out of the economic numbers. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Research links: random deviations. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: bad timing. (abnormalreturns.com)
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
