We hope you had a pleasant holiday weekend. There is no shortage of items to highlight today.
Mark Hulbert at Marketwatch.com points to a (bearish) rise in sentiment for bonds by market timers. Sentimentrader.com also shows a reversal in bond sentiment as well.
James Picerno at the Capital Spectator notes the bond market is implying lower future inflation than what we are seeing currently.
macroblog points to the Cleveland Fed that now posts daily probabilities of the Fed funds rate implied by the futures market.
Chet Currier at Bloomberg.com notes the difficulty in knowing when to dump a slumping fund manager.
Barry Ritholtz reminds us that a cheap stock market can get cheaper.
John Spence at Marketwatch.com looks at some forthcoming "high octane" ETFs.
John Carney at DealBreaker.com has a look at the "highly confident" commitment letter Goldman Sachs (GS) issues to the Kinder Morgan (KMI) buyout group.
Zachary Kouwe at the New York Post reports on investment banks "besieging" private equity firms to go public.
DealBook notes the backdating cloud hanging over the technology sector.
CXO Advisory Group looks at some research that shows management is not bad at timing stock offerings and buybacks.
If you ask any Chicago Cubs fan you will realize that corporate ownership of a baseball team is a bad idea. As a result of a complex, tax-driven transaction between Time Warner and Liberty the Atlanta Braves will stay in corporate hands according to Allan Sloan in the Washington Post.
The Stalwart highlights a surprisingly advanced strategy by the Coca-Cola Company (KO).
Nancy Franklin at the New Yorker profiles Jim Cramer and finds "…Cramer’s egomania hugely entertaining, yet I feel flattened by the hurricane force of his monomania."
Tyler Cowen at Marginal Revolution looks at the prospects for "peak load pricing" for electricity in California.
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