Quote of the Day
"Extreme pricing pressure is forcing affordable vehicles on Tesla, irrespective of whether it chooses to launch one."
(Drew Dickson)
Strategy
- Do higher rates spell doom for the stock market? It depends. (awealthofcommonsense.com)
- Why investors are often vulnerable to sales pitches for 'safe' investments. (morningstar.com)
- Nobody said bonds were easy. (wsj.com)
Finance
- Retail traders are....trading. (wsj.com)
- CVC Capital Partners is now public. (bloomberg.com)
- What's TikTok worth? Opinions differ. (wsj.com)
Global
- Americans love Chinese-made DJI drones. The national security apparatus doesn't. (nytimes.com)
- Just how democratic is India these days? (theatlantic.com)
- What populism looks like in Canada. (vox.com)
Economy
- An unfortunate side effect of inflation: uncertainty. (nytimes.com)
- Just how healthy is the consumer? (bonddad.blogspot.com)
- Nothing to see in the state coincident indicators. (ritholtz.com)
- It's hard to see a recession on the horizon. (econbrowser.com)
Earlier on Abnormal Returns
- Podcast links: fake podcast invites. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: free is never free. (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)