Quote of the Day
"Just as farmers plant seeds and patiently wait for them to grow, investors buy stocks and wait for them to appreciate. The concept of sowing and reaping is central to both farming and investing."
(Darius Foroux)
Markets
- Six reasons to bullish. Six reasons to be bearish. (ritholtz.com)
- The 10 biggest FTSE 100 companies by market cap, over time. (ft.com)
- What you need to know about the spread on mortgage bonds. (housingbrief.com)
Finance
- The spot Bitcoin ETF price war is already on. (axios.com)
- Property and casualty insurance providers are struggling to keep up with weather-related claims. (wsj.com)
Companies
- Airlines around the world have grounded the variant of the Boeing ($BA) 737 Max that experienced a lost door. (finance.yahoo.com)
- Does the NY Times ($NYT) have a case against AI and OpenAI specifically? (stratechery.com)
- Tiger Woods is no longer a partner with Nike ($NKE). (theathletic.com)
Radio
- Audacy has emerged from bankruptcy with a debt restructuring on deck. (axios.com)
- No matter how you slice it, terrestrial radio is in decline. (cnbc.com)
Economy
- Wages are outpacing inflation. (axios.com)
- Used car prices are down some 7% year-over-year. (calculatedriskblog.com)
- How transitory inflation played out historically. (econbrowser.com)
Earlier on Abnormal Returns
- Adviser links: advancing your business. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on the site. (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)