Monday links: a hot start

• abnormalreturns
• June 29th, 2009

Hedge funds are on track for their best start to the year since 1999.  (WSJ also BusinessWeek)

Has the high yield rally run its course?   (WSJ)

“Many ETF investors do far worse than a buy-and-hold strategy.  Essentially, the ETF facilitates all of the worst psychological traits of the individual investor.”  (A Dash of Insight)

Indexing isn’t perfect, but it beats the alternative.  (The Psy-Fi Blog)

Is there a better three-factor model out there?  (Journal of Finance)

General Electric (GE) is benefiting greatly from the TGLP.  (WashingtonPost)

Why are the banks reluctant to see a public auction for their TARP warrants?  (Baseline Scenario, Felix Salmon)

The PPIP is limping along as both buyers and sellers fail to commit to the program.  (WSJ, Atlantic Business)

The $100,000 CRA Challenge goes out.  (Big Picture, John Carney)

The CMBS market is facing a big downgrade.   (Clusterstock)

“A consumer-finance agency is a good thing, but it would do well to teach consumers a simple lesson: if you don’t understand the deal you’re making, don’t make it.”  (NewYorker)

The Chinese like to spend money as much as we do.  (Atlantic Business, Fund My Mutual Fund)

How much longer will the world tolerate US fiscal policy? (Economist’s View)

“Government has no profit motive.”  (Jeff Matthews)

Free is not the only business model in the Internet age.  (NewYorker)

Abnormal Returns is a proud member of the StockTwits 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 Amazon.com. If you click on my Amazon.com 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