Wednesday morning news drop
How Long Does it Take For the Stock Market to Double Off a Bear Market Bottom? Investing during a market crash can be lucrative. After the Great Financial Crisis caused the market to fall 56%, the S&P bottomed on March 9, 2009. The market snapped back in a hurry, surging nearly 70% from those lows through the end of the year. (A Wealth of Common Sense)
Private Equity Still Outperforms Listed Stocks — But It’s Losing Its Edge Investors can blame stimulus from central banks and government spending as well as private equity’s unstoppable popularity for the sector’s narrower win over public equities. (Institutional Investor)
In Defense of Global Stocks Global stocks are nothing to be overlooked. While the U.S. is clearly an outlier on the world stage, most of the strategies discussed here can be applied just as well to equity markets around the globe. Consider how a typical global equity investor would have performed over the last few decades as an asset class. (Of Dollars And Data)
The 3 Simple Rules That Underscore the Danger of Delta Vaccines are still beating the variants, but the unvaccinated world is being pummeled. (Atlantic)
When Chinese in Canada Were Numbered, Interrogated, Excluded Systemic racism left a paper trail. A century later, researchers are hunting for the evidence. (Tyee)
Giannis Isn’t Cooked—and Neither Are the Bucks Milwaukee’s two-time MVP not only suited up in Game 1, but also surprisingly looked like his usual self. The same can’t be said for Jrue Holiday, who struggled mightily, but a return to form from both stars could help the Bucks recover quickly. (The Ringer)
Shohei Ohtani Isn’t Babe Ruth—He’s Better Ohtani is a once-in-a-century player in a year when we need to be awed, inspired and distracted. Comparing him to the Babe is no longer enough. (Sports Illustrated)
The Tin Man Gets His Heart: An Oral History of ‘Terminator 2: Judgment Day’ Three decades ago, James Cameron, Arnold Schwarzenegger, and Linda Hamilton joined forces again to make the biggest, baddest, most eye-popping sequel ever. Here’s the story of how the machines took over Hollywood. (The Ringer)
