Quote of the Day
"There has to be some sort of recalibration to risk-reward, and it seems like tech is going through that right now."
(Kyla Scanlon)
Strategy
- Rising interest rates reset a whole host of financial questions. (humbledollar.com)
- Why fraud seems more prevalent these days. (awealthofcommonsense.com)
Companies
- Disney ($DIS) had more than just a CEO problem. (ft.com)
- Shopping on Amazon ($AMZN) continues to get worse. (washingtonpost.com)
- T. Rowe Price ($TROW) has come out against a merger between News Corp. and Fox. (nytimes.com)
Policy
- Why it's unlikely that Congress will ban its own stock trading. (thebulwark.com)
- The U.S. needs more housing, period. (theatlantic.com)
- How H-1b workers help the U.S. economy. (noahpinion.substack.com)
- More Americans are carrying handguns on a regular basis. (axios.com)
Global
- Protests have broken out across China. (cnn.com)
- How the U.S. accommodated a influx of Ukrainian refugees. (wsj.com)
- How economic sanctions are hitting the Russian economy. (washingtonpost.com)
- Omicron is now a year old. (nytimes.com)
Economy
- The economic schedule for the coming week. (calculatedriskblog.com)
- More employers are dropping college degrees as a requirement. (wsj.com)
- The veterinary shortage isn't getting any better. (ibj.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (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)
Mixed media
- Paul Graham, "You can't think well without writing well, and you can't write well without reading well." (paulgraham.com)
- Some favorite 2022 books from FT critics including "The Good-Enough Life" Avram Alpert. (ft.com)
- Some finance books Jason Zweig recommends including "Against the Gods" by Peter Bernstein. (twitter.com)