Quote of the Day
"America has always and likely will always have a love/hate relationship with Wall Street speculators. Their actions can create great wealth or great misery for those who follow their lead."
(Mark J. Higgins)
Markets
- Communications and health care are leading the U.S. market in 2024. (capitalspectator.com)
- A closer look at Europe's answer to the Magnificent Seven stocks, GRANOLA. (investmenttalk.co)
Strategy
- What happens when you invest right before a bear market? (awealthofcommonsense.com)
- The case for, but mostly against, dividend-focused ETFs. (ofdollarsanddata.com)
- Why it's so easy to get sucked into trading too much. (newsletter.rationalwalk.com)
Crypto
- The successful launch of spot Bitcoin ETFs means people are looking to other cryptocurrencies. (wsj.com)
- Vanguard still wants no part of crypto. (msn.com)
Fund management
- Warren Buffett could have continued running investment partnerships with high fees, but he didn't. (rogerlowenstein.substack.com)
- How AI could help investors vote their proxies. (morningstar.com)
- Reddit's business was built on the back of unpaid labor. (mostlymetrics.com)
- Reddit is heavily dependent on advertising revenue. (honest-broker.com)
Online advertising
- Why Walmart ($WMT) decided to go head-to-head with Amazon ($AMZN) for TV ads. (hollywoodreporter.com)
- You can blame the big companies for why online ads are only getting worse. (msn.com)
- Political ads are coming to your favorite streamer. (axios.com)
Economy
- Home prices are still ticking higher. (bonddad.blogspot.com)
- Apartment rents are a mixed bag. (axios.com)
- Real wage growth is headed higher. (econbrowser.com)
- How immigration is helping the economy. (wapo.st)
Earlier on Abnormal Returns
- Research links: information and noise. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: zero engagement. (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)