Quote of the Day
"The era of easy money may not have compelled companies to change their hurdle rates much, invest more, or take on more debt. But companies did bump up the rate at which they returned capital to shareholders."
(Michael J. Mauboussin and Dan Callahan)
Markets
- Has passive investing really broken the stock market? (wsj.com)
- The U.S. is not a standout when it comes to index concentration. (ft.com)
- Every market correction doesn't turn into a bear market. (awealthofcommonsense.com)
Finance
- Whatever you call it, clean energy investment is growing. (wsj.com)
- The U.S. Treasury market is set for some big changes. (ft.com)
Trends
- Why new apartment buildings are getting taller. (wsj.com)
- How hybrid work has helped divorce work from location. (nytimes.com)
- Nothing was going to save the department store. (washingtonpost.com)
Economy
- it's not just the U.S. that is reliant on foreign-born labor. (wsj.com)
- First time home buyers are back. (calculatedrisk.substack.com)
Earlier on Abnormal Returns
- Adviser links: a reliable support system. (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)