Why the 200 day moving average matters.  (Crossing Wall Street)

Historical market volatility is still above historical averages, but is way down from the peak.  (Bespoke, ibid)

“I don’t particularly believe in the whole green shoots blather. But I really don’t let it affect my trading. If the market wants to discount better days ahead, who am I to argue?”  (Daily Options Report)

TIPS are coming back to the fore.  (WSJ also Capital Spectator)

Inflation hedges for regular people.  (ROI and market folly)

“Pimco’s launch should be a big wake-up call to ETF investors.”  (IndexUniverse also WSJ)

Speaking of ETF competition, Old Mutual fund is jumping into the ETF game taking on Vanguard directly.  (IndexUniverse)

The bottom line for hedge funds:  “Be small and young or large and old.”  (All About Alpha)

Distressed debt has had a good year, in five months.  (NYTimes)

Raptor Capital Management is closing.  (WSJ, market folly, DealBook)

Does anyone really believe the uptick rule actually serves a purpose?  (Clusterstock)

Why Bill Ackman failed in his campaign against Target (TGT) management.  (TheStreet)

A (rareish) interview with Paul Tudor Jones.  (Institutional Investor via The Reformed Broker)

Nassim Taleb’s money management track record is now fair game.  (Clusterstock)

China and “global liquidity” are holding commodity prices high amidst an economic downturn.  (WSJ)

“To those who really fear a China [Treasury] sell-off, my challenge is to show me hard evidence that its happening.”  (Accrued Interest)

The market in interest-rate swaps is enormous — orders of magnitude greater than the market in credit default swaps — and, like most markets, it’s done some pretty crazy things over the past year…”  (Felix Salmon)

California muni bondholders are getting nervous.  (Money & Co.)

Whitney Tilson on the end of the subprime mortgage crisis and the beginning of the Alt-A crisis.  (ValuePlays)

“The housing crisis has given us a rare opportunity to re-evaluate and re-invent the American Dream.”  (Huffington Post)

Nearly all of the housing series are flawed with significant discontinuities or conceptual problems.  No matter what the data report, there will be plenty of opportunity for pundits to dispute the results for the next year or so.”  (A Dash of Insight)

Banks are having an easy time dialing for dollars.”  Is that such a good thing?  (WSJ, Clusterstock)

Are we better off with a pack of bank regulators or one regulator to rule them all?  (Breakingviews)

Yet another example of Congress rolling over for the banks.  (Big Picture)

It looks like Australia is going to sidestep a technical recession.  (EconomPic Data)

In the context of hurricane forecasting, what constitutes a good forecast?  (Caveman Forecaster)

“..most people have great difficulty understanding exponential processes.”  Like economic growth.  (Marginal Revolution also EconLog)

How do economists who teach in business schools differ from those who teach in economics departments?  (Mankiw Blog)

Daniel Gross talks with Barry Ritholtz about Bailout Nation.  (The Big Money)

Does every one really want a smart phone?  (24/7 Wall St.)

Please. Don’t. Ruin. Wall Street 2.  (The Reformed Broker also DealBreaker, market folly)

Interested in receiving Abnormal Returns via e-mail? Please visit this simple sign-up form to receive all of our posts delivered (almost) daily.

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.