Quote of the Day
"We are incentivized to be angry, so we are going to be angry. That’s what the algorithmic money faucet wants from us."
(Kyla Scanlon)
Fund management
- The Vanguard Total Bond Market ETF ($BND) is set to become the biggest bond ETF. (ft.com)
- Four big trends in the asset management have been in place for a decade. (morningstar.com)
- Corporate governance only works if shares actually get voted. (etftrends.com)
Coinbase
- How Coinbase ($COIN) lost its big lead to FTX and Binance. (nytimes.com)
- Why the Coinbase ($COIN)-Blackrock ($BLK) agreement is a big deal. (riabiz.com)
- Coinbase ($COIN) is on the backside of earlier rapid growth. (wsj.com)
Policy
- Will MacAskill, "Future people count. There could be a lot of them. And we can make their lives better. To help others as much as possible, we must think about the long-term impact of our actions." (nytimes.com)
- High tech immigration is necessary for rebuilding US manufacturing. (politico.com)
- How friendships across economic classes affect income mobility. (nature.com)
- Food banks are reporting increased demand and lower donations. (nytimes.com)
- 1 in 5 Americans don't want children. (theconversation.com)
Economics
- Putting the July NFP into some historical perspective. (econbrowser.com)
- Hospitality has become more efficient during pandemic. (wsj.com)
- The 3 month-10 year term spread is nearing inversion. (econbrowser.com)
- An indicator showing slowing, but still positive, growth. (mrzepczynski.blogspot.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (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)