Monday Links: An Irritating Tactic

markets

• The US stock market is up 35 of the last 52 weeks. (sherwood.news)
• The US accounts for 26% of global GDP. The stock market represents 63% of the global market capitalization. (mailchi.mp)

EDF

• It’s not unusual for the Fed to cut rates when stocks are at all-time highs. (awealthofcommonsense.com)
• We give the Fed more credit than it deserves. (aswathdamodaran.blogspot.com)
• Fed members talk way too much these days. (x.com)

Companies

• How Sonos ($SONO) Got Its New App So Bad. (bloomberg.com)
• Ten thoughts on the CEO transition at Nike ($NKE). (huddleup.substack.com)

WordPress

• Wordpress powers much of the internet. (sherwood.news)
• Automattic CEO and WordPress co-creator Matt Mullenweg is at war with WP Engine. (techcrunch.com)

Economy

• Inflation has stung, but wages are now outpacing price increases. (optimisticallie.com)
• Don’t expect much lower mortgage rates in the absence of a recession. (bloomberg.com)
• The service economy goes far beyond manufacturing. (sherwood.news)
• The apartment building boom is coming to an end. (axios.com)

Earlier, about Abnormal Returns

• Advisor Links: Mistakes. (abnormalreturns.com)
• What you missed at our Sunday linkfest. (abnormalreturns.com)
• Top clicks last week on the site. (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

• Always learn. (awealthofcommonsense.com)
• In praise of mentorship. (alchemy.substack.com)
• Writing shouldn’t be easy. (dariusforoux.com)