Quote of the Day
"Singing your song starts from the inside. If nobody likes it, so be it. At least you did something that’s true to you."
(John Thompson)
Markets
- 2026 is the year of the momentum stock. (awealthofcommonsense.com)
- Apple ($AAPL) is trading like an anti-AI stock. (finance.yahoo.com)
- Leveraged ETFs are boosting volatility. (cnbc.com)
Banking
- Where Citigroup's ($C) turnaround stands. (ft.com)
- Credit card 'friendly fraud,' via chargebacks, is on the rise. (bloomberg.com)
Stay in touch
- Don't miss a thing! Sign up for our daily e-mail newsletter. (abnormalreturns.com)
- In wealth management? Sign up for our advisor-exclusive Talking Wealth newsletter. (talkingwealthpod.com)
AI
- How does 'ChatGPT Work' actually work? (spyglass.org)
- Why some publishers are looking to opt out of Google Search altogether. (adweek.com)
Costco
- Costco ($COST) is the anti-Amazon. (phenomenalworld.org)
- Why some new Costco locations have affordable housing attached. (nytimes.com)
Earlier on Abnormal Returns
- Adviser links: legacy building. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- Top clicks last week on Abnormal Returns. (abnormalreturns.com)
Economy
- What would it take for the Fed to hike rates in 2026? (stayathomemacro.substack.com)
- Shrinking the Fed's balance sheet won't be easy. (bloomberg.com)