The credit markets are showing some signs of thaw even as treasury yields back up.  (WSJ.com, MarketBeat also Clusterstock)

Bond managers are beginning to embrace risk again in junk bonds and emerging market debt.  (WSJ.com, ibid)

TIPS have held firm as nominal Treasury yields have risen.  (Accrued Interest)

Does the rise in the Baltic Dry Index really mean anything?  (WSJ.com, Bespoke)

Don’t expect ten-year rolling returns to turn positive for quite some time.  (Bespoke)

“It’s true that diversification becomes temporarily less important in times of market panic like we experienced last fall, but those times don’t last forever. ”  (Morningstar.com)

Ben Graham’s investment style is back in style.  (Marketwatch.com)

At what stage of the bear market are we?  (Howard Lindzon)

“The thing which really broke the old Wall Street compensation system beyond repair, however, was the rise of proprietary trading at investment banks. ”  (Epicruean Dealmaker)

How is that mutual funds with worse before-fee performance charge higher fees?  (SSRN.com)

A closer look at trends in international stock correlations.  (Journal of Finance)

The new bank bailout plan is Treasury Secretary Geithner’s baby.  (NYTimes.com also naked capitalism, Infectious Greed)

Does private equity really want to be a co-investor with the Feds in a toxic asset fund?  (peHUB.com)

The role of recency bias in the creation (and popping) of the housing bubble.  (Esquire.com also Clusterstock, Infectious Greed)

Given the tax problems of the Obama cabinet, maybe it’s time for a flat tax?  (Dealbreaker)

Kindle 2.0 drops.  The blogosphere reacts.  (GigaOm, The Big Money, Silicon Alley Insider, Market Movers)

Twitter is living in a world all its own.  (NYMag.com)

Don’t expect to get rich, or make a living, from blogging.  (Newsweek.com)

A-Rod’s steroid-fueled power surge examined.  (Sabernomics, EconomPic Data)

Are you a fan of Abnormal Returns? Check. Prefer to read our posts via e-mail? Check. A simple sign-up form to receive all of our posts in your inbox. Check.

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Please see disclosures here.

Please see the Terms & Conditions page for a full disclaimer.