Quote of the Day
"Once our egos are in control of what we do, we become poor listeners to what markets are actually doing."
(Brett Steenbarger)
Chart of the Day
(axios.com)Markets
- Should you care what Wall Street strategists have to say about 2024? (tker.co)
- There are a lot of stocks, especially on the Nasdaq, trading below $1 a share. (wsj.com)
Strategy
- Remember all that talk about how the 60/40 portfolio was broken? (nytimes.com)
- It's easy to load up on cash, harder to put it to work. (awealthofcommonsense.com)
- There are a lot of different asset allocations you can live with. (humbledollar.com)
Technology
- No matter how you look at it, Intel ($INTC) is being battered on all sides. (wsj.com)
- The inside story of Microsoft's ($MSFT) partnership with OpenAI. (newyorker.com)
Venture capital
- More VC funds are running out time while still holding investments. (ft.com)
- Do startups founded in recessions fare better? (papers.ssrn.com)
- VC Vinod Khosla is not slowing down. (theinformation.com)
Policy
- Employment statistics may not fully capture gig work. (axios.com)
- Red states are having a hard time keeping college graduates. (newrepublic.com)
- A lot of U.S. aid to Ukraine is spent here in the U.S. (washingtonpost.com)
- Meteorologists are being harassed for reporting about climate change. (npr.org)
- Why finding solid data on gun violence is harder than it should be. (bloomberg.com)
- Finding care for aging adults is increasingly difficult (and expensive). (axios.com)
Economy
- Josh Brown, "The economy ought to be able to heal itself for the most part. Sometimes to the best policy a policymaker can pursue is no policy at all." (downtownjoshbrown.com)
- College-educated women with children under 10 are in the workforce at record numbers. (axios.com)
- Q4 GDP is tracking around 1%. (calculatedriskblog.com)
- Durable-good prices are actually falling. (wsj.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)
- On the end of the influential The Reformed Broker blog. (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)