Quote of the Day
"Revolutions are often proclaimed but only infrequently sighted."
(John Rekenthaler)
Strategy
- Prospective bond returns are buoying the prospects for a 60/40 portfolio. (axios.com)
- How indexing came to dominate the investment business. (ritholtz.com)
- 15 investing principles including 'I believe managing one’s behavior is more important than managing one’s investments.' (betterletter.substack.com)
Companies
- BP ($BP) is the cheapest stock among the giants. (breakingviews.com)
- Why Tupperware ($TUP) is on the verge. (msn.com)
- StubHub is planning to go public this year. (theinformation.com)
Housing
- Housing affordability isn't getting better any time soon. (wsj.com)
- 3% mortgages are deterring Americans from moving to a higher paying job. (finance.yahoo.com)
- A couple years out an apartment shortage looms. (bloomberg.com)
- What NatureScore says about where you live. (washingtonpost.com)
Food
- Ghost kitchens were hot. Now not so much. (nytimes.com)
- How Wonder hopes to disrupt food delivery. (eater.com)
- Cities are pushing back against mega-fast food drive throughs. (vox.com)
Economy
- Food inflation is moderating. (econbrowser.com)
- Shelter costs are still a factor in high inflation. (gregmankiw.blogspot.com)
- How immigrants are bailing out Maine's economy. (nytimes.com)
- Wealth inequality has trickled down into the Millennial generation. (ft.com)
Earlier on Abnormal Returns
- Podcast links: everyday actions. (abnormalreturns.com)
- What you missed in our Thursday linkfest. (abnormalreturns.com)
- Longform links: changing your mind. (abnormalreturns.com)
- Some interesting developments in the financial media space. (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)