Quote of the Day
"Politics don’t matter for your portfolio if you’re one of many people investing to build wealth over a long period of time."
(Callie Cox)
Markets
- There is big difference between politics and policies when it comes to investing. (optimisticallie.com)
- 20 pandemic darlings that have yet to rebound. (investmenttalk.co)
Companies
- Couche-Tard seeks to buy US$31 billion owner of 7-Eleven stores (bnnbloomberg.ca)
- Why Carl Icahn and Icahn Enterprises ($IEP) just settled with the SEC. (ft.com)
- How the cannabis landscape is changing. (blogs.cfainstitute.org)
Venture capital
- Per Carta, startup failure rates are on the rise. (on.ft.com)
- What it takes to raise a Series B these days. (iconiqcapital.com)
Global
- Inflation has come for Japan's ramen prices. (wapo.st)
- Hungary's subsidies have not meaningfully boosted birth rates. (on.ft.com)
- Kiwis are emigrating, largely to Australia. (marginalrevolution.com)
Economy
- Prices don't decline, but wages can increase. (crr.bc.edu)
- How much has manufacturing slowed? (econbrowser.com)
- Why Jay Powell needs to say in Jackson Hole. (stayathomemacro.substack.com)
Earlier on Abnormal Returns
- Adviser links: realistic deepfakes. (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)
