Markets
- Global market correlations are higher than they used to be, but aren’t 1.0. (morningstar.com)
- Investors are already noticing the drop in cash yields. (wsj.com)
Asset management
- Asset managers are rushing to launch CLO ETFs. (wsj.com)
- India’s asset management market is fiercely competitive. (institutionalinvestor.com)
Finance
- Charles Schwab ($SCHW) is deleveraging. (riabiz.com)
- Robinhood ($HOOD) launched a desktop app and futures trading. (fastcompany.com)
- Why secondary sales of PE stakes are picking up. (wsj.com)
- It’s good to be a Citadel employee. (finance.yahoo.com)
Business
- Why Walgreen’s ($WBA) and CVS ($CVS) are struggling mightily. (npr.org)
- Why shareholders may not want their CEO to be overtly partisan. (barrons.com)
- Inside the business of running a haunted house. (wsj.com)
Work
- Meta ($META) fired a bunch of workers for abusing meal credits. (theverge.com)
- Fewer workers are staying with their company for over a decade. (bloomberg.com)
- Defined benefit plans make a lot less sense when workers change jobs more frequently. (crr.bc.edu)
- How remote workers can help a local economy. (nytimes.com)
- 360 degree job reviews are fraught with gamesmanship. (ft.com)
Real estate
- Publicly-trade homebuilders make up a growing share of the market. (fastcompany.com)
- Asheville’s real estate market was robust prior to Hurricane Helene. (mansionglobal.com)
Economy
- Industrial production is ebbing. (bonddad.blogspot.com)
- Still no sign of a meaningful pickup in weekly initial unemployment claims. (calculatedriskblog.com)
- Does the Fed still have inflation fighting cred? (econbrowser.com)
Earlier on Abnormal Returns
- Longform links: facilitating communication. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: misplaced criticisms. (abnormalreturns.com)
- Celebrating our nineteenth blogiversary. (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)