Quote of the Day
"When you see an assertion that strikes you as remarkable, as with those made by Ramsey, Orman, and Kiyosaki, triple-check it via an internet search."
(John Rekenthaler)
Chart of the Day
(scheplick.com)Commodities
- Tim McDonnell, "The electricity market isn’t boring anymore." (semafor.com)
- Steel stocks are having a moment. (allstarcharts.com)
AI
- AI is coming for every company you own. (theirrelevantinvestor.com)
- How AI could help SaaS companies. (tomtunguz.com)
Grocery
- Large grocery chains took advantage of their supply relationships during Covid shortages. (usatoday.com)
- Aldi is thriving amid rising food prices. (wapo.st)
Sports gambling
- The Shohei Ohtani betting story doesn't add up. (cupofcoffee.beehiiv.com)
- Sports leagues have only themselves to blame for gambling scandals. (frontofficesports.com)
- Rush Street Interactive ($RSI) is reportedly in play. (finance.yahoo.com)
- Winible wants to make it easier for sports betting influencers to monetize their picks. (sportico.com)
- Deadspin is now a betting referral site. (404media.co)
Economy
- Q1 2024 GDP is tracking around 2% growth. (capitalspectator.com)
- Why do people think the U.S. economy is in bad shape? (whitecoatinvestor.com)
- Why the Fed hasn't already cut rates. (disciplinefunds.com)
Earlier on Abnormal Returns
- Podcast links: celebrity pods. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: quick dopamine hits. (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)