The biggest hedge funds get bigger.  (Reuters, WSJ, Barron’s)

Fund flows do not predict future stock market performance.  (Don Fishback)

Sentiment remains bullish.  (Pragmatic Capitalism)

The Dow is going to experience its first ‘golden cross’ since 2005.  Should we care?  (Bespoke, Bloomberg)

Using the VIX to determine if the market is overbought/oversold.  (InvestorPlace)

On the need to think about (portfolio-wise) the ongoing secular shift towards the emerging markets.  (AR Screencast)

How to bet on inflation like John Paulson.  (ROI)

Voices of caution on the rise in gold.  (Money Game, Big Picture)

Evidence that low yields led investors to “yield search.”  (Economics One)

Credit spreads as a stock market indicator.  (CXO Advisory Group)

On the relationship between gold and equities.  (Buttonwood)

How volatility can work in the favor or value investing.  (

Wonder how Mr. Cocoa is dealing with the bill pullback in cocoa?  (FT)

ETFs are just a “drop in the bucket” compared to the broader markets.  (IndexUniverse)

Sometimes you can’t even give away an ETF.  (The Reformed Broker)

Eric Falkenstein, “This search for the evanescent risk premium that appears as an ephemeral ghost, yet is omnipresent and very important, is one of the myths of our age.”  (Falkenblog)

Money market mutual funds are losing their AAA ratings.  (FT Alphaville)

The situation at AIG (AIG) just doesn’t add up.  (Big Picture, Deal Journal, Felix Salmon)

Fingers are always pointed at “evil futures traders” whenever the market tanks.  (Points and Figures, Clusterstock)

The SEC report on the Flash Crash is out.  (SEC, NYTimes, WSJ, Zero Hedge)

On the cozy relationship between the Fed and former staffers.  (Reuters)

The ECRI WLI continues to improve.  (Pragmatic Capitalism, Money Game)

The ISM reading shows continued growth in manufacturing.  (FT Alphaville, Calculated Risk)

What does the rise in the CRB index imply for future inflation?  (Bespoke also BusinessWeek)

Economic data keeps trending better than expectations.  (VIX and More)

Lower mortgage rates are not translating into mortgage refinancings.  (FT Alphaville)

The budget deficit is still bad, but better than expected.  (Tech Ticker)

Brazil the next hot destination for private equity.  (Term Sheet)

Private equity is lowering fees to garner assets.  (Bloomberg)

An interview with Brian Shannon.  (Crosshairs Trader)

Another repeat, but interesting.  Trading wisdom from William Eckhardt.  (Kirk Report)

If you trade forex you had better know how your broker operates.  (StockTwitsFX)

Double checking your opinions.  (Farnam Street)

The map of Europe according to Americans.  (kottke)

There are now a number of ways to follow Abnormal Returns including:  @ARupdates, free e-mails:  AR ClassicAR Energy, AR Options, the Abnormal Returns widget, our daily screencasts, and Abnormal Returns TV.

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.