Quote of the Day
"There is only so much time in everyone’s day and since time is money and every human with money to spend or invest is holding a smartphone, attention is now an asset class that - at least for me - is as important as bonds or commodities."
(Howard Lindzon)
Markets
- How major asset classes performed in March 2024. (capitalspectator.com)
- There has been a fair amount of equity return dispersion, YTD. (mrzepczynski.blogspot.com)
Strategy
- Why U.S. equity outperformance looks obvious in hindsight. (behaviouralinvestment.com)
- International diversification is no panacea, but what's the alternative? (morningstar.com)
Finance
- Capital One ($COF) is going to struggle to get regulatory approval to acquire Discover Financial ($DFS). (bloomberg.com)
- Why banks love the wealth management business. (wsj.com)
AI
- You can now use ChatGPT without a login. (theverge.com)
- Generative AI search engine Perplexity is planning to start selling ads. (adweek.com)
- Who is liable when AI goes wrong? (wsj.com)
Disinformation
- How China is already trying to sow chaos around the American election. (nytimes.com)
- Russian disinformation about Ukraine is in overdrive. (ft.com)
Global
- How India's economy performed under Modi. (nytimes.com)
- When living in France is a better option in retirement. (rollcall.com)
- China has successfully repressed Hong Kong's pro-democracy movement. (nytimes.com)
Economy
- Economists are struggling with post-pandemic labor data. (ft.com)
- Some positive news on the manufacturing front. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Adviser links: getting really clear. (abnormalreturns.com)
- Better investors make fewer decisions. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone read 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)