Emerging market equities are trading nearly in parity, valuation-wise, with developed market equities. (via FT Alphaville)
Bespoke Investment Group on emerging market stock returns year-to-date 2007.
Economist.com on how Asia has shrugged off its financial woes from ten years ago.
Is Bear Stearns (BSC) in play? (via DealBook)
Daniel Gross at Newsweek.com on the (many) reasons behind the Bear Stearns bailout of its troubled hedge funds.
Calculated Risk on the demise of yet another hedge fund brought down by the subprime mess.
Greg Newton at NakedShorts on the challenge facing the sellers of complex mortgage-backed securities.
Speaking of hard-to-price securities, DealBook on what the Ochs-Ziff IPO news means for public hedge funds.
All About Alpha on the use of a bundled structure to hide the oftentimes complex nature of portable alpha strategies.
Scott Austin at Marketwatch.com on how far open the IPO window is open?
Abnormal Returns on the “daily double” of news showing that the private equity boom is not dead yet.
Helen Thomas at FT Alphaville on the preferred venues to conduct the private equity biz.
Mark DeCambre at TheStreet.com notes on “old pro” is planning to scoop up distressed assets after a market correction.
Mark Gongloff at MarketBeat on whether the dip in the ten-year Treasury yield is over.
Matt Hougan at IndexUniverse.com on research showing the importance of trading costs on fund performance.
Econolocator on research showing which is the best inflation forecast.
Barry Ritholtz at the Big Picture on the duality between residential and commercial real estate at the moment.
Accrued Interest updates his interest rate musings at mid-year.
David Merkel at the Aleph Blog with 16 things that are right with today’s market environment.
Is DTC, the ‘stock vault’ to blame for naked short selling? (via WSJ.com)
Curtis M. Faith at the Way of the Turtle on the need for “…traders need to find their own truth and trade for their own reasons.”
CXO Advisory Group on the mixed utility of Bollinger Bands for the aggregate stock market.
Brett Steenbarger at TraderFeed on why it is that investors can oscillate between periods of overconfidence and underconfidence.
Man, are we ever in the wrong business! Hedge fund analysts rake it in. (via Market Movers)
Robert H. Frank in the New York Times on what a rise in the tax rate on “carried interest” might mean for the rush of talent and energy into the world of hedge funds.
Stephen J. Dubner at the Freakonomics Blog has an interesting Q&A with the co-founder of prediction futures market pioneer Intrade.
Louis Menand in the New Yorker with an extended review of Bryan Caplan’s “The Myth of the Rational Voter.”
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