Free exchange (an Economist blog) on the “complicated” nature of U.S. economic volatility.

Mark Thoma at Economist’s View points to a SF Fed piece on the probability of an U.S. recession.

Anna Bernasek in the New York Times on the mixed signals the economy is emitting.

Jeff Miller at A Dash of Insight on the difference between intermediate-term and short-term sentiment measures.

Brett Steenbarger at TraderFeed on the poor timing of net mutual fund purchases by investors.

breakingviews (via the Wall Street Journal) on the use of “bridge equity” in recent LBOs.

Chris Anderson at The Long Tail on the “power of free.”

Thanks for checking in with us at Abnormal Returns on this long holiday weekend.