Quote of the Day
"What we pay attention to tends to drive the decisions we make, and investors are persistently exposed to meaningless noise masquerading as meaningful information."
(Joe Wiggins)
Markets
- Where are the new lows? (allstarcharts.com)
- Utilities are having a good year. (capitalspectator.com)
- Win streaks happen in bull markets. (carsongroup.com)
Strategy
- Questions to ask about your money that have nothing to do with politics. (morningstar.com)
- Stop paying attention to stuff that doesn't matter. (behaviouralinvestment.com)
Finance
- Banks are still sitting on loans to Elon Musk to purchase Twitter. (wsj.com)
- Defense tech is a hot sector for VCs. (news.crunchbase.com)
Pharma
- Eli Lilly's ($LLY) tirzepatide lowered the chance that people who received it in a clinical trial developed diabetes. (biopharmadive.com)
- Pfizer ($PFE) is betting big on its acquisition of Seagen. (wsj.com)
Media
- Could rising sports media fees force consolidation? (johnwallstreet.com)
- All-news radio stations, like WCBS, are a dying breed. (cnn.com)
- Romance book sales are booming. Will the movies follow? (bloomberg.com)
Global
- China's population is falling. (apolloacademy.com)
- Russia is going to great lengths to track down army deserters. (wsj.com)
- Chinese foreign lending has slowed dramatically. (global-macro-monitor.com)
Economy
- The economy is still adjusting to the realities of a post-Covid landscape. (axios.com)
- Where real interest rates stand relative to history. (bonddad.blogspot.com)
- Why does anyone think the President can control the rate of inflation? (theatlantic.com)
Earlier on Abnormal Returns
- Research links: falling for something. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: realistic deepfakes. (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)
