Quote of the Day
"The lion’s share of a savvy modern celebrity’s wealth comes from their willingness to frack the trust and admiration of their fans for whatever value can be extracted."
(Amanda Mull)
Markets
- Why are housing stocks rallying? (conorsen.substack.com)
- Picking stocks is always tough, especially. now. (awealthofcommonsense.com)
- The stock market is not the answer on how AI will turn out. (behaviouralinvestment.com)
Finance
- The hyperscalers continue to float new bond issues. (axios.com)
- The CDS market is heating back up again. (ft.com)
- The big banks don't want you to post their charts on X. (bloomberg.com)
Apple
- Apple ($AAPL) sold more Macs this year than ever. (sixcolors.com)
- How John Ternus differs from Tim Cook. (asymco.com)
Stay in touch
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
- Work in wealth management? Sign up for our exclusive Talking Wealth newsletter. (talkingwealthpod.com)
Venture capital
- Smaller VCs are increasingly trying to thread the needle. (hunterwalk.com)
- Why a venture capitalist's network matters. (alphaarchitect.com)
Economy
- The median American consumer is doing alright. (awealthofcommonsense.com)
- Three items that argue against consumer spending. (crr.bc.edu)
Earlier on Abnormal Returns
- Research links: being manipulated. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a borrowing binge. (abnormalreturns.com)
