August was a good month for the global capital markets.  (Capital Spectator)

Taking a look at the components of the JunkDEX.  (VIX and More)

“Those investing in bonds may think they are playing it safe. Instead, they may be taking a bit of a gamble on inflation.”  (ROI)

Where has insider buying gone?  (The Pragmatic Capitalist, FT Alphaville)

Chinese ADRs have been outperforming their local peers.  (Bespoke)

Comparing the global infrastructure ETFs.  (IndexUniverse)

Comparing some mutual fund momentum measures.  (CXO Advisory Group)

More thoughts on the idea of momentum based mutual funds.  (Fundmastery Blog)

“The idea that bedroom day-traders might ever compete equally with professionals is a fiction convenient to the retail broking industry.”  (FT earlier Abnormal Returns)

“We only have 82 years of data..So for us to pretend that the equity premium is the birthright of anyone willing to stay the course for 10, 20, or even 30 years might be something we want to reconsider.”  (behavior gap)

“When someone reaches into history for an analogy — -it is the same thing.  It is back-fitting of data, using the human mind, the most powerful computer.”  (A Dash of Insight)

“As a result of this sword of Damocles hanging over them, hedge fund managers need to factor in the possibility of investors and/or prime brokers pulling the plug on their fund.”  (All About Alpha)

On the correlation of endowment fund returns on donor generosity.  (Felix Salmon)

The Dow Jones Economic Sentiment Indicator edged higher.  (Real Time Economics)

Bank of America (BAC) is tired of all that government oversight.  (WSJ, Clusterstock)

More pushback against the notion of TARP profits.  (Market Talk, Matt Taibbi)

What’s in store for the big banks this Fall?  (The Big Money)

In defense of financial innovation.  (Megan McArdle, Clusterstock contra Baseline Scenario)

The problem with LBOs is leverage.  (Matthew Goldstein)

“Regulation won’t kill the VC industry — we’ll still have future Googles and Twitters and Facebooks — but let’s not be so daft as to leave a huge part of finance unregulated, and then, down the road, look back and wonder why we left that hole wide open.”  (Silicon Alley Insider)

EBay (EBAY) kicks Skype to the curb.  (DealBook, WSJ, Atlantic Business)

“Walt Disney’s $4 billion acquisition of Marvel Entertainment represents the kind of deal that the global financial crisis had practically silenced.”  (Deal Journal)

Who got the better deal:  Disney (DIS) or Marvel (MVL)?  (Breakingviews, Vanity Fair, Money & Co.)

Maybe Goldman Sachs (GS) really does rule the world.  (Vanity Fair, 24/7 Wall St.)

What do the FT/Goldman Sachs Business Book of the Year nominees tell us about 2009?  (Infectious Greed)

StockTwits Desktop is here!  (StockTwits Blog, TechCrunch)

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