Quote of the day

Joshua Foer, “Experts have one thing in common..They all crave feedback.”  (The Atlantic)

Chart of the day

The US dollar is trying to make a stand.  (The Technical Take)


QE3 anyone?  Short term Treasury rates have plunged.  (Crossing Wall Street)

Muni bonds now trading above their 200 day moving average.  (Bespoke, Breakingviews)

Do junk bonds have more room to run?  (Street Sweep)

Relative yields and the value of the US dollar.  (Calafia Beach Pundit)


Jeremy Grantham is having a hard time finding cheap asset classes.  (Credit Writedowns)

If past is prologue, how much more room silver has to bounce.  (Market Anthropology)

Seth Freudberg, “Assume you know what is going to happen next in the market at your own peril.”  (SMB Training)

We should envy the trader who has experienced losses.  (Tyler’s Trading)


With a dividend hike Intel (INTC) is now a high yielder.  (MarketBeat)

How to buy Apple (AAPL) volatility.  (Investing With Options)

Why is AIG (AIG) selling shares before the Feds?  (Kid Dynamite)

How companies like UPS (UPS) are getting more efficient.  (Money Game)

Why is Steve Ballmer still CEO of Microsoft?  (Deal Journal)

Warren Buffett would not approve of the Skype acquisition.  (Jeff Matthews)


Russell is getting into the active ETF of ETFs business.  (IndexUniverse)

Investors who don’t pay attention to their accounts could be getting ripped off by their brokers.  (Felix Salmon)


Raj Rajaratnam guilty on all counts of insider trading.  (Dealbook, Daniel Gross)

The SEC just made it more difficult to invest in hedge funds and the like.  (Forbes)

For banks commodities are the new subprime.  (Bloomberg)

Why can’t anybody just go public these days without locking up the votes in a dual-class structure?  (Dealbook also ROI, NetNet)


Martin Wolf on why Greece should restructure its sooner rather than later.  (Daily Ticker)

The Euro isn’t paying enough attention to Greece.  (The Source)

How one could restructure Greek debt without blowing up the banks.  (Project Syndicate via Pragmatic Capitalism)

On the prospects for stagflation in China.  (Zero Hedge, Free exchange, FT Alphaville)


Higher oil prices pushed the trade deficit higher in April.  (Bloomberg, Atlantic Business)

Diesel consumption remains well below 2007 highs.  (Street Sweep, Global Economic Intersection)

Job openings back at 2008 levels.  (Calculated Risk)

Earlier on Abnormal Returns

The Skype acquisition is just another example of playing catch-up and malinvestment at Microsoft (MSFT).  (AR Screencast)

What you missed in our Wednesday morning linkfest.  (Abnormal Returns)

Mixed media

Deal quality is dropping at Groupon.  (Megan McArdle)

Happy first blogiversary!  (chessNwine)

Abnormal Returns is a founding member of the StockTwits Blog Network.

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.