“In short, the negative TIPS yield is a rational reaction to the lunatic casino that has infested essentially every market in the world.”  (self-evident)

Some evidence that the move in bonds has gone too far, too fast.  (AR Screencast)

How much stock should we put in these ominously named technical indicators?  (FT Alphaville, Zero Hedge, Pragmatic Capitalism also The Reformed Broker)

Small caps are at a “major disadvantage” in this environment.  (Street Sweep)

The technology industry is more cyclical than you think.  (CNBC)

Are some stocks too big to succeed?  (World Beta)

Building a global risk free rate out of spare parts.  (FT Alphaville)

A closer look at what an investment in the SPDR Gold Trust Shares (GLD).  (FT Alphaville)

Why does Morningstar (MORN) continue to publish its star ratings?  (IndexUniverse also CBS Moneywatch)

The stock market does not care what you think.  (The Crosshairs Trader also Daily Options Report)

Luck and the importance of risk management.  (Options for Rookies)

Investigating changing hedge fund leverage.  (SSRN)

Profile of a hedge fund manager that seems to be doing everything right these days.  (Clusterstock)

High frequency trading is coming to Asia and Latin America.  (Economist also MarketBeat)

Scott Locklin, “Human beings like round numbers. Machines don’t care.”  (Locklin on science)

Markets for consumer goods and financial assets are different in some important ways.  (Economist)

To what degree are bank shareholders responsible for the financial crisis?  (FT Alphaville)

Are the latest inflation numbers actually something to be happy about?  (Bloomberg)

Rail traffic continues to expand.  (Pragmatic Capitalism)

Retail sales increased in July.  (Calculated Risk also VIX and More)

David Rosenberg on why the yield curve has room to flatten.  (FT Alphaville)

The “big interview” with David Rosenberg.  (Real Time Economics)

Now matter how you slice it the tax situation is a mess.  (Floyd Norris)

Timing and the debate over debt and austerity.  (Economist’s View)

Four paths for the American economy.  (Aleph Blog)

It’s good to be Germany.  (Gavyn Davies)

The Swiss central bank is having a tough time keeping their currency from appreciating.  (NYTimes also Free exchange, Bloomberg)

Wichita, Kansas as an economic model for the rest of the US.  (FT)

It is a good time to be a farmer in America.  (Street Sweep)

Don’t believe a private company’s profitability talk until you see the S-1.  (CNNMoney)

John Gruber, “Bottom line: If Apple’s goal is to accelerate iPhone market share, particularly in competition with Android, then they should finalize a deal with Verizon soon.”  (Daring Fireball)

Some good perspective going into the weekend.  (Joe Fahmy)

Everyone is talking about the Twitter Movie trailer.  (YouTube)

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