Quote of the Day
"The really, really good traders I've worked with continually try new things."
(Brett Steenbarger)
Chart of the Day
The Covid vaccine hangover is real for these vaccine makers. (chart via YCharts)
Strategy
- Don't take your investing advice from TikTok. (ritholtz.com)
- Investors need to manage their expectations in the short term. (microcapclub.com)
- A great company need not a great investment make. (bestinterest.blog)
Companies
- Share buybacks are on the rise. (wsj.com)
- The oil industry has boomed under Biden. (ft.com)
- Bill Ackman's 'anti-woke' campaign has paid off in one way. (semafor.com)
Apple
- Has Apple ($AAPL) lost its touch? (newsletter.rationalwalk.com)
- Who's next up to lead Apple ($AAPL)? (spyglass.org)
- Impressions of the new iPads. (sixcolors.com)
Finance
- Just how big a problem is BNPL? (fa-mag.com)
- Non-bank financial institutions are increasingly important parts of the system. (ft.com)
Economy
- How the U.S. economy adapted to 5% interest rates. (axios.com)
- Weekly initial unemployment claims finally ticked higher. (calculatedriskblog.com)
- How will the divergence between the household and establishment surveys resolve? (bonddad.blogspot.com)
- Americans hate inflation AND immigration. (sherwood.news)
Earlier on Abnormal Returns
- Longform links: embracing play. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: hoarding points. (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)