Rates
- It’s hard to overstate the sea change that has occurred with interest rates. (theirrelevantinvestor.com)
- Higher real rates are to blame for the rise in interest rates. (wsj.com)
- The yield curve has flattened a little bit, but remains highly inverted. (axios.com)
Finance
- Multi-strategy hedge funds continue to take mind (and wallet) share. (ft.com)
- Higher interest rates continue to drag down smaller banks. (fastcompany.com)
- How Chamath Palihapitiya, the ‘king of SPACs,’ got away with it. (newcomer.co)
- Thematic ETFs are seeing outflows. (finance.yahoo.com)
Nvidia
- Nvidia’s ($NVDA) profitability is remarkable. (tomtunguz.com)
- What Nvidia investors should learn from the experience of Cisco ($CSCO). (wisdomtree.com)
Companies
- Why Salesforce ($CRM) invested in Hugging Face. (venturebeat.com)
- CVS ($CVS) is getting into the biosimilar business. (engadget.com)
- How the Starbucks ($SBUX) Pumpkin Spice Latte became a profit juggernaut. (finance.yahoo.com)
Housing
- The housing market is bifurcated along new/existing lines. (axios.com)
- How homebuilders are adjusting to higher rates and changing tastes. (bonddad.blogspot.com)
Global
- Sentiment about China’s economy is in the tank. (economist.com)
- Canada is doubling down on attracting high-skilled immigrants. (semafor.com)
Economy
- Weekly initial unemployment claims are quiescent. (calculatedriskblog.com)
- Will higher interest rates eventually hit the American economy? (economist.com)
- This is one ugly chart crime. (ft.com)
Earlier on Abnormal Returns
- Longform links: inevitable times of underperformance. (abnormalreturns.com)
- What you missed in our Wednesday linkfest. (abnormalreturns.com)
- Personal finance links: the myths of aging. (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)
