Quote of the Day
"Perhaps the most appalling aspect of termination by email is the asymmetry between what corporations expect of their workers and how they treat them in return."
(Elizabeth Spiers)
Markets
- How worried should investors be about the debt ceiling drama? (theirrelevantinvestor.com)
- Is the VIX broken? No, but the options market is changing. (ft.com)
Strategy
- What can you assume about stock, bond and cash returns over the long run. (awealthofcommonsense.com)
- Rubin Miller, "The stock market is brashly indifferent to our opinions." (fortunesandfrictions.com)
- Why you need a well-articulated investment strategy to ride out tough times. (contessacapitaladvisors.com)
Companies
- Memory chip makers are hoping things are at the bottom of the cycle. (fortune.com)
- How the innovator's dilemma affects Disney ($DIS) and ESPN. (thewaiterspad.com)
Work
- On the lasting impact of Tim Ferriss' "4-Hour Workweek." (every.to)
- Why laid off tech workers are attracted to green industries. (nytimes.com)
- How layoffs.fyi became the go-to site for data on tech layoffs. (slate.com)
- What to do with job satisfaction surveys. (nytimes.com)
Funds
- How the launch of the SPDR S&P 500 ETF Trust ($SPY) changed financial markets. (morningstar.com)
- Why sustainable funds can charge a premium. (klementoninvesting.substack.com)
Economy
- Signs that the U.S. consumer is tightening their belts. (wsj.com)
- By this measure, new home prices are down around 10% off their peak. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Adviser links: managing behavior. (abnormalreturns.com)
- What you missed in our Sunday 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)