Quote of the Day
"Customer traction is just about the only thing all successful organizations have in common."
(Seth Godin)
Markets
- August is not a historically strong month for the stock market. (carsongroup.com)
- European IPOs have nearly come to a halt. (ft.com)
- Five lessons investors have learned in 2023 including 'An inverted yield curve does not spell immediate doom.' (economist.com)
Fitch
- Now only 9 countries are rated AAA across the board. (finance.yahoo.com)
- What does Fitch know that everyone else doesn't? (axios.com)
- Some people have strong feelings about Fitch's downgrade. (ft.com)
- Does Fitch's downgrade of the USA matter in the end? (tker.co)
Strategy
- The yield-rich environment is changing investor behavior. (theirrelevantinvestor.com)
- The siren song of holding cash is loud right now. (morningstar.com)
- Cash is great in the short run, in the long run not so much. (awealthofcommonsense.com)
Amazon
- Amazon ($AMZN) is adding video telemedicine visits in all 50 states to its virtual care option. (nbcnews.com)
- Amazon ($AMZN) is streamlining its online food ordering system. (theverge.com)
ESPN
- ESPN has gone from profit engine to problem for Disney ($DIS). (nytimes.com)
- ESPN and FS1 continue to lose subscribers. (thestreamable.com)
Economy
- The July ADP national employment report showed 324k new jobs. (calculatedriskblog.com)
- The June JOLTS report is slowly normalizing. (bonddad.blogspot.com)
Earlier on Abnormal Returns
- Personal finance links: treated with kindness. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: a bold exercise. (abnormalreturns.com)
- Make a plan for your stuff, before someone else has to. (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)