Please note that this is an early (and abbreviated) version of the linkfest.

“The Federal Reserve, essentially, decided to make nobody happy.” (MarketBeat)

Why the markets “snubbed” the Fed. (Big Picture)

Have we entered an era of “no surprises” monetary policy? (Curious Capitalist)

The Fed does not have sole economic responsibility. Lowering rates does not by itself solve the housing situation.” (A Dash of Insight)

“(W)e do need continued liquidity from the Fed to ensure that the debt deflation scenario doesn’t come to pass.” (Accrued Interest)

The rising prominence (and narrow coverage) of the ABX indices in the subprime mess. (

The sovereign wealth put is struck far out the money. (

Is the credit crunch a “major turning point” for the world economy? (FT Alphaville)

How is Citigroup (C) mopping up its SIV exposure. (Market Movers)

By one measure the U.S. dollar still has plenty of room to “adjust” downward. (Econbrowser)

VIX vs. VXV. (Daily Options Report)

Index funds, the EMH and the irony of free blogs. (Crossing Wall Street)

Research into how much fund alpha comes from industry selection vs. stock selection. (CXO Advisory Group)

If you had any doubt that Google (GOOG) owned the search market. (Silicon Alley Insider)

Thanks for checking in with Abnormal Returns. You can stay up-to-date with all of our posts via our fan-friendly feed.

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.