Quote of the Day
"Copycat layoffs also let executives cite challenging business conditions as a justification for cuts, rather than their own boneheaded strategic decisions."
(Annie Lowery)
Strategy
- Jumping from investment strategy to strategy is a recipe for disaster. (awealthofcommonsense.com)
- Why there's never a shortage of market forecasters. (marknewfield.substack.com)
- Good investment strategy is timeless. (washingtonpost.com)
Companies
- Businesses are not planning to slow their tech spending any time soon. (nytimes.com)
- Amazon ($AMZN) CEO Andy Jassy has no shortage of issues to deal with. (on.ft.com)
- Why only Big Tech may be able to manage AI. (wsj.com)
- Activist campaigns are on the rise. (axios.com)
- SpaceX is Musk at his best. (mondaynote.com)
Finance
- How Blackstone ($BLK) got caught flatfooted by BREIT redemption requests. (wsj.com)
- Apple ($AAPL) has been slow rolling out new financial services. (msn.com)
- The SEC is tightening rules around 10b5-1 plans. (wsj.com)
New York
- Manhattan office workers are avoiding Fridays in the office. (bloomberg.com)
- Fifth Avenue could get a pedestrian-friendly makeover. (politico.com)
Economy
- The housing economy is resisting a recession. (bonddad.blogspot.com)
- Reduced immigration is less positive for housing than before. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Adviser links: client confidence. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks 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 e-mail newsletter. (newsletter.abnormalreturns.com)