Quote of the Day
"There are untold moving pieces in a $28 trillion economy, so if you think you're absolutely sure of how a given election outcome will affect any one of them, you might just be letting your politics brain do the thinking for you."
(Neil Irwin)
Strategy
- For investors, inflation is THE enemy. (disciplinefunds.com)
- Three investment myths, debunked. (morningstar.com)
Crypto
- A big opening day for spot Ethereum ETFs. (theblock.co)
- An option for those who still want to custody their own Bitcoin. (theblock.co)
AI
- Charlie Warzel, "Whether you believe that AI executives are delusional or genuinely on the verge of constructing a superintelligence, you should be concerned about how much power they’ve amassed." (theatlantic.com)
- Meta ($META) is going full-speed on AI. (spyglass.org)
- Academic publishers are selling access to their archives to AI companies. (thebookseller.com)
- Can AI chatbots do math? (nytimes.com)
Companies
- Amazon's ($AMZN) big bet on Siri has not panned out as anticipated. (wsj.com)
- Google ($GOOGL) is backtracking on eliminating cookies in Chrome. (niemanlab.org)
- Elon Musk is famous for throwing out timelines his companies can't meet. (sherwood.news)
- DraftKings ($DKNG) sold VSiN back to its original owners. (frontofficesports.com)
- Kellanova's ($K) Cheez-Its brand is killing it. (sherwood.news)
Economy
- Why the Fed should cut rates now, not September. (bloomberg.com)
- Layoffs are low but that doesn't mean its a good time to find a job. (wsj.com)
- Existing home sales are moribund. (sherwood.news)
- Relying on any single economic indicator is a mistake. (axios.com)
- 3 in 5 Americans think we are already in recession. (semafor.com)
Earlier on Abnormal Returns
- Personal finance links: the big picture. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: effective matching. (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)







