Quote of the Day
"Wall Street is not here to help you. The financial media doesn’t care about you or your portfolios. They’re just trying to keep their jobs."
(JC Parets)
Markets
- The VIX is at its lowest level since the onset of the pandemic. (axios.com)
- Junky stocks have benefited greatly from the recent rally. (ft.com)
- Here are some more signs of market strength. (allstarcharts.com)
Strategy
- The best thing you could have done in 2023 was to stick to your plan. (awealthofcommonsense.com)
- It was hard to lose money in 2023, but here are five ways it may have happened. (downtownjoshbrown.com)
Companies
- It's hard to believe, but companies are already hiring for 2025 internships. (wsj.com)
- A look at the world's largest e-commerce companies. (genuineimpact.substack.com)
- Why Marc Benioff, CEO of Salesforce ($CRM), sells stock every day. (craincurrency.com)
Governance
- What do limited partner advisory committees actually do? (institutionalinvestor.com)
- How the Norges Bank Investment Management votes its shares and why it matters (ft.com)
Finance
- The IPO window in 2023 opened and shut pretty quickly. (axios.com)
- Boaz Weinstein is expanding his campaign against closed-end fund discounts. (bloomberg.com)
- The fall in interest rates provides companies with refinancing options. (axios.com)
Global
- Russian propaganda has found a welcome home on TikTok. (bbc.com)
- How young Chinese are dealing with a lethargic economy. (wsj.com)
- Why we should give Ukraine frozen Russian assets now. (theatlantic.com)
Housing
- National homebuilder confidence rose in December 2023. (calculatedriskblog.com)
- Mortgage rates have seemingly peaked but there is precious little supply on the market. (wsj.com)
Earlier on Abnormal Returns
- Adviser links: providing real advice. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- What everyone was clicking on 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 adviser-focused newsletter. (newsletter.abnormalreturns.com)