Friday Links: A healthy dose of skepticism

Strategy

• Three reasons why the stock market is falling. (awealthofcommonsense.com)
• Three reasons to buy Josh Brown’s new book You Weren’t Supposed To See That. (ritholtz.com)

semi-conductor

• Trying to put a valuation on Nvidia ($NVDA). (aswathdamodaran.blogspot.com)
• TSMC’s ($TSM) plant in Arizona is on track for production in 2025. (bloomberg.com)
• Export controls don’t keep Nvidia’s ($NVDA) chips out of China. (ft.com)

Coffee

• Coffee has become unrecognizable and full of sugar. (nytimes.com)
• How good pour-over coffee has become. (worksinprogress.co)

overall

• China is investing in so-called “bridge countries” such as Mexico. (on.ft.com)
• Housing affordability is a global issue. (axios.com)
• Countries where new solar (and wind) projects are underway. (apolloacademy.com)
• Why is India so bad at sports? (ft.com)

Economy

• The Fed will need to cut rates to maintain the soft landing. (stayathomemacro.substack.com)
• August’s NFP showed modest job growth and an unemployment rate of 4.2%. (calculatedriskblog.com)
• Remember that job reports are often adjusted later. (sherwood.news)
• What does the collapse in dollar store sales tell us about the economy? (theirrelevantinvestor.com)

Earlier, about Abnormal Returns

• Podcast Links: The Other Guy. (abnormalreturns.com)
• What you missed at our Thursday linkfest. (abnormalreturns.com)
• Long links: no room for error. (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

• On the logistics of playing an NFL regular season game in Brazil. (espn.com)
• NFL playing surfaces are inconsistent in quality. (sportico.com)
• Bill Belichick has become a media star. (vanityfair.com)
• The blow is back, sort of. (nytimes.com)