Quote of the day

Morgan Housel, “Everyone who reads financial news has an obligation to know about themselves what the pundit can’t: Your own risk tolerance, age, job security, time horizon, and level of expertise, to name a few.”  (Motley Fool)

Markets

The economy and stock market are not the same thing, redux.  (Business Insider)

Why market milestones like Dow 17,000 are no big deal.  (Chuck Jaffe)

Strategy

What is the momentum curve?  (TraderFeed)

Jason Zweig, “Before you hire a financial adviser, ask to see his track record in writing.”  (WSJ)

Higher frequency economic data makes lower frequency trading more attractive.  (Dynamic Hedge)

Why you need to own fewer stocks.  (Clear Eyes Investing)

On the value of portfolio transparency.  (Aleph Blog)

Companies

The reason why consumers love Amazon ($AMZN) is why suppliers don’t.  (NYTimes)

Finance

In praise of naked short-selling.  (Matt Levine)

Why shorting is more complicated than going long.  (Climateer Investing)

ETFs

Why using volatility ETPs to hedge market declines are so tricky.  (ETF)

Economy

A new labor crunch is coming.  (Conor Sen)

Why Chinese investors are snapping up US real estate.  (FiveThirtyEight)

A look back at the economic week that was.  (Bonddad Blog, Big Picture)

The economic schedule for the coming week.  (Calculated Risk)

Earlier on Abnormal Returns

Top clicks this week on the site.  (Abnormal Returns)

What you might have missed in our Saturday linkfest.  (Abnormal Returns)

Mixed media

The best 15 TV shows of 2014 (so far).  (Paste)

On the extraordinary success of Matt Parker and Trey Stone.  (NYTimes)

RIP, Charlie Haden.  (Slate, The Daily Beast)

You can support Abnormal Returns by shopping at Amazon. Don’t forget to follow us on StockTwits and Twitter.

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.