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Quote of the Day
"Perhaps the most damaging aspect of such stock and fund picks is that they are typically devoid of context."
(Joe Wiggins)
Markets
- Financials and health care are leading the market. (allstarcharts.com)
- Mortgage spreads have come in, a little bit. (wsj.com)
Companies
- Ark Investment Management is still (very) bullish on Tesla ($TSLA). (ft.com)
- How Costco ($COST) succeeds by focusing on customers and employees. (kingswell.io)
- Take note when companies push 'alternative metrics.' (herbgreenberg.substack.com)
Finance
- Has private credit gotten too big, too fast? (ft.com)
- The U.S. banking system is safer, but less innovative. (institutionalinvestor.com)
Streaming
- If Paramount ($PARA) is in play, who walks away with it? (hollywoodreporter.com)
- Churn is increasing at the streaming services. (wsj.com)
- Why you should expect more streaming-exclusive NFL games. (variety.com)
- Subscription overload is a real thing. (om.co)
Economy
- Still no sign of a pickup in layoffs. (bonddad.blogspot.com)
- Instantaneous inflation is sitting at the Fed's target. (econbrowser.com)
- Apartment rents are flattish year-over-year. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Longform links: a disappointing company. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: worthless hunches. (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)
