Quote of the Day
"In my experience as a long time financial advisor and portfolio manager I have come to the conclusion that the Holy Grail portfolio is the one you can stick with."
(Cullen Roche)
Chart of the Day
(wsj.com)Bonds
- Good luck modeling the 10-year Treasury yield. (capitalspectator.com)
- What economic report surprises matter for the stock and bond markets? (klementoninvesting.substack.com)
- Inflation-protected bonds are seeing a backlash. (economist.com)
- How does race affect the muni bond market? (wsj.com)
Funds
- Do lifecycle investment funds need a refresh? (citywire.com)
- How long can Grayscale maintain a 1.5% fee for a spot Bitcoin ETF? (morningstar.com)
Sports gambling
- The Barstool Sports-Draftkings ($DKNG) partnership is already live. (sportico.com)
- Why online sports gambling can be so addictive. (insidehook.com)
Construction
- Off-campus apartment developers are going bigger and fancier. (nytimes.com)
- Construction cranes are disappearing from America's urban areas. (bloomberg.com)
Housing
- National homebuilder confidence rose in February. (calculatedriskblog.com)
- Why 6.625% is an 'affordable' mortgage rate. (thebasispoint.com)
- Southwest Florida is seeing a surge of listings due, in part, to rising insurance costs. (finance.yahoo.com)
- What does banning short-term rentals actually accomplish? (hbr.org)
Economy
- There is still no sign of an uptick in weekly initial unemployment claims. (bonddad.blogspot.com)
- Industrial production fell in January 2024. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Longform links: being more creative. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: an IOU to the IRS. (abnormalreturns.com)
- There is no holy grail in investing. (abnormalreturns.com)
- It may take time, but markets eventually work. (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)