Quote of the Day
"When you buy a market cap weighted index fund you buy those stocks in proportion to their current weights. It’s not like you buy more of the biggest stocks than the market already prices them at."
(Ben Carlson)
Chart of the Day
At this point, the only thing that will keep U.S. population from falling is immigration.
Markets
- Are index funds propping up the stock market? (awealthofcommonsense.com)
- What is the end game for Michael Saylor, Microstrategy ($MSTR) and Bitcoin? (wsj.com)
- Are ETFs the best solution for every strategy? (rogersplanning.blogspot.com)
Housing
- Don't count on materially lower home commissions just yet. (economist.com)
- We should start to see more innovation when it comes to commissions. (awealthofcommonsense.com)
- How rising insurance costs are affecting the market in Southwest Florida. (housingwire.com)
- State Farm will discontinue coverage for 72,000 houses and apartments in California. (cbsnews.com)
- Hail is the biggest contributor to thunderstorm-related damage. (nytimes.com)
Public health
- John Green, "Of the 10 million people who will become sick with tuberculosis this year, between 3 million and 4 million will go undiagnosed, often dying before they can get an accurate test." (washingtonpost.com)
- In 2023, at least 157 people were killed and 270 were injured in unintentional shootings by children. (nbcnews.com)
- Medication abortions continue to rise. (npr.org)
- Public health should not be political. (scientificamerican.com)
Economy
- Why two popular recession indicators haven't worked this time around. (tker.co)
- How many job listings are for 'ghost jobs'? (bbc.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks last week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- What is wrong with this picture? How your charitable intentions can get co-opted after you are gone. (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)