Friday links: casino culture

Quote of the day

James Altucher, “You don’t need full employment for the stock market to go up.”  (Marketwatch)

Chart of the day

riskonoff Friday links:  casino culture

A look at the risk on/risk off environment.  (StockCharts Blog)


Checking in on depressed market valuations.  (Crossing Wall Street, Calafia Beach Pundit, allETF)

Checking in on some market stress indicators.  (MarketBeat)

Checking in on the 2-10 year Treasury spread.  (Crossing Wall Street also Pragmatic Capitalism)

The stock market has the distinct feel of a casino of late.  (Pragmatic Capitalism)

The myth of cash on the sidelines.  (Big Picture)

The bond bubble that wasn’t.  (Market Blog)

An explanation for why market crashes seem to come in September/October.  (All Star Charts)


Josh Brown, “If you go into the close short, you’re a total pig. Come on, dude.”  (The Reformed Broker, ibid)

Barry Ritholtz, “The bottom line remains that investing is a proactive — not reactive — endeavor. If you respond to every twitch, every news story, each turn of the wheel, you will become whipsawed.”  (Big Picture)

An EKG of the crash.  (Market Anthropology)

On the advantages of options in a volatile market environment.  (Investing With Options)

Is this 2008 or 2009?  (A Dash of Insight)


If Leo Apotheker had to go shouldn’t Ray Lane go as well?  (Eric Jackson)

What is Hewlett-Packard ($HPQ) worth?  (Peridot Capitalist)

Is Facebook a new threat to Microsoft ($MSFT)?  (SplatF)

What do Nike’s ($NKE) performance tell us about the global consumer?  (Crackerjack Finance)

Yum! Brands ($YUM) slims down.  (Dealbook)


Morningstar ($MORN) is going to start covering managed ETF portfolios.  (InvestmentNews)

Leveraged ETFs are not for retail investors.  (FT Alphaville)


Money market funds continue to slash their exposure to European banks.  (FT, FT Alphaville)

Pension funds are getting crushed by super low long term interest rates. (WSJ, FT)


Two really bad scenarios for Greece and Europe.  (Bronte Capital)

Local currency emerging market bonds have not served as a safe haven.  (beyondbrics)

The EU wants to speed up the recapitalization of 16 troubled banks.  (FT)

The continued case for emerging markets.  (Fortune)

The Australian dollar is caught in the downdraft.  (MacroBusiness)

What are Greeks going to do with their bank deposits?  (FT Alphaville)

The Fed

Speculation about what (if anything) can the Fed do next?  (WSJ, The Source, Economist’s View)

The Fed is “not going to jam it on.”  (naked capitalism)

The Fed is already doing the heavy lifting according to the Leading Economic Indicators.  (EconomPic Data)

The effects of Operation Twist will be modest at best.  (Econbrowser, Freakonomics)


The ECRI WLI continues its downward trek.  (MarketBeat)

The rail economy is not yet in recession.  (Bloomberg)

Telling.  US gasoline demand is at a 10-year low.  (Real Time Economics)

Why low mortgage rates are not translating into mass refinancings.  (Calculated Risk)

We still haven’t come to terms with the financial crisis.  (Project Syndicate)

Earlier on Abnormal Returns

In praise of doing very little.  (Abnormal Returns)

What you missed in our Friday morning linkfest.  (Abnormal Returns)

Mixed media

How Business Insider plays the pageview game.  (Ryan McCarthy, Marco Ament contra Business Insider)

Watching Moneyball with Bill James.  (Businessweek)

Abnormal Returns is a founding member of the StockTwits Blog Network.

Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to If you click on my links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

blog comments powered by Disqus
  • Tadas ViskantaAbnormal Returns has over its seven-year life become a fixture in the financial blogosphere. Over thousands of posts we have striven to bring the best of the financial blogosphere to readers. In that time the idea of a “forecast-free investment blog” remains as useful as it did six years ago. More »

  • StockTwits Follow Abnormal Returns on StockTwits Follow Abnormal Returns on Twitter Follow StockTwits on Facebook Subscribe to Abnormal Returns RSS via Email Subscribe to Abnormal Returns RSS
  • Recent Posts

  • Archives

  • Join StockTwits
  • Get Updates!

    100% Privacy. We don't spam.