Quote of the Day
“I said it: Even Republicans and Democrats can’t screw up March Madness. That’s how awesome this product is.”
(Charles Barkley)
Chart of the Day
(marketwatch.com)Strategy
- Ten things to know about building a diversified portfolio. (morningstar.com)
- Real assets can be a portfolio drag during periods of quiescent inflation. (capitalspectator.com)
Crypto
- Promises of a lower expense ratio are not preventing outflows from the Grayscale Bitcoin Trust ($GBTC). (etf.com)
- Don't let spot Bitcoin ETFs fool you about the nature of crypto. (amycastor.com)
Companies
- It's hard to wrap your head around the numbers with Nvidia's ($NVDA) new chips. (spyglass.org)
- This is Apple's ($AAPL) brand promise. (marginalrevolution.com)
Finance
- Private equity is stuck between elevated valuations high interest rates and a moribund IPO market. (institutionalinvestor.com)
- How rising interest rates have affected interest coverage ratios for leveraged loans. (apolloacademy.com)
- How much longer can banks and office owners push out loan expirations? (ft.com)
ETFs
- Not every ETF provider is equally adept at lowering tracking error. (etf.com)
- Is the success of covered call ETFs to blame for lower structural volatility? (ft.com)
Streaming
- Streamers overspent on original content. (variety.com)
- Streaming is so complicated that it needs a startup to help consumers navigate it. (hollywoodreporter.com)
- Sports docu-series are pretty hit or miss. (entertainmentstrategyguy.com)
Global
- It's hard to put a positive spin on Brexit for the UK economy. (bloomberg.com)
- Ukraine is trying to boost its own weapons manufacturing. (wapo.st)
- China spends A LOT on agricultural subsidies. (marginalrevolution.com)
- Chile has a drinking water problem. (reuters.com)
Economy
- By any reasonable measure, the average American is better off economically than they were four years ago. (bonddad.blogspot.com)
- Higher interest rates are driving net interest income lower. (global-macro-monitor.com)
Earlier on Abnormal Returns
- Personal finance links: striving for more. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: assessing quant models. (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)