Sunday Links: Contagious Behavior

markets

• Big top and bottom days in the stock market tend to crowd together. (downtownjoshbrown.com)
• Lower interest rates benefit real estate stocks. (allstarcharts.com)

Strategy

• There is no holy grail in investing. (albertbridgecapital.com)
• Bonds protect against stock market declines, most of the time, but not every time. (awealthofcommonsense.com)

Finance

• A look at the financial performance of the seven big tech stocks, YTD. (genuineimpact.substack.com)
• Why hedge fund launches are in secular decline. (mrzepczynski.blogspot.com)
• Beware the return of SPACs. (ft.com)

Public health

• Home visits from Medicare Advantage nurses are not necessarily for the benefit of patients. (wsj.com)
• Can chief heat officers help cities mitigate the impact of rising temperatures? (grist.org)
• 31% of Republicans believe the benefits of vaccines outweigh the costs. (arstechnica.com)

Police

• Are police academies to blame for the ‘warrior mentality’ of today’s police? (theatlantic.com)
• US first responders don’t want to ban Chinese drones. (wsj.com)

policy

• Why families are leaving big urban areas. (theatlantic.com)
• The US needs more skilled semiconductor workers. (klementoninvesting.substack.com)
• Eliminating Social Security taxes would only make things worse for the system. (crr.bc.edu)

Housing

• Lack of supply and favorable demographics could push US home prices even higher. (awealthofcommonsense.com)
• Housing construction is slowing. (bonddad.blogspot.com)
• The US housing market has bifurcated. (fastcompany.com)
• Some Evidence That Mortgage Rate Locks Have Reduced American Mobility. (papers.ssrn.com)
• Cullen Roche, “Residential real estate is an enormously expensive asset when viewed through the lens of real returns.” (disciplinefunds.com)

Economy

• There are still few signs of a US recession. (apolloacademy.com)
• The US economy is targeting growth of around 2%. (econbrowser.com)
• There is a bull market in recession indicators. (ft.com)
• The economic program for next week. (calculatedriskblog.com)

Earlier, about Abnormal Returns

• Top clicks this week on the site. (abnormalreturns.com)
• What you missed at our Saturday linkfest. (abnormalreturns.com)
• Are you a financial advisor looking for out-of-the-box thinking? Then check out our weekly email newsletter. (newsletter.abnormalreturns.com)

Mixed medium

• Industrial fishing takes place across the oceans. (nytimes.com)
• Our desire for selfies is helping to destroy natural environments. (phys.org)
• We love dogs. Other animals not so much. (nytimes.com)