Review & Outlook

Our take on the investing, financial, & economic themes of the day

What We’re Reading: August 29

Quote of the Day:

“The advantage of having a historical sense is not that it will lead you to some quarry of instructions, the way that Superman can regularly return to the Fortress of Solitude to get instructions from his dad, but that it will teach you that no such crystal cave exists. What history generally ‘teaches’ is how hard it is for anyone to control it, including the people who think they’re making it.”

–Adam Gopnik, in the New Yorker

 

Friday links:

U.S. Stocks Edge Higher (WSJ)

Are Stock Prices Headed for a Fall? (WSJ)

Can an Algorithm be a Fiduciary? (Reuters)

Why You Should Google Your Favorite Perma-Bear (The Big Picture)

U.S. Companies are Starting to Spend (Quartz)

The Perils of Market Forecasting (ETF.com)

The Real Reason Companies Are Spending Less on Tech (HBR)

Does it Help to Know History? (New Yorker)

As you Age, A lot of Happiness Comes from Ordinary Things (NYT)

How a Daily Walk can Boost Your Creativity (Fast Company)

 

Chart of the Day: 

View image on Twitter

Via @dilbert_daily