Quote of the day

Interloper, “The paralysis of Congress, an easy scapegoat for everyone, is in many ways just indicative of the cultural Mexican Stand-off in society at large.”  (Interloper)

Chart of the day

Putting recent volatility into perspective.  (Bespoke)


The markets for now is buying the talk coming out Europe.  (MarketBeat)

The quick turnaround in market breadth.  (Bespoke)

The relationship between forward earnings estimates and new factory orders.  (Dr. Ed’s Blog)

Check out the wicked bear market in cocoa.  (FT)

Tim Tebow and the wisdom of markets.  (AbsoluteReturn+Alpha)


The downside of dividends:  underperformance in bull markets.  (Total Return)

How to take advantage of mutual fund window dressing in December.  (Mark Hulbert)

Ten dividend stocks the “ultimate stock pickers” are buying.  (Morningstar)

Bubble spotting” is a distraction for most investors.  (Bucks Blog)

How good a job do REITs do in hedging inflation?  (SSRN)


Why the market seems reluctant to pay up for Apple ($AAPL).  (Felix Salmon)

On the megacap discount.  (Aleph Blog)


Don’t forget about Yahoo’s ($YHOO) trove of patents.  (Eric Jackson)

Is Oracle stock cheap?  (Crossing Wall Street)

Acquisitive Oracle ($ORCL) should fear going the way of Ciscco ($CSCO).  (Breakingviews)

Just how much is Facebook worth?  (Time, SSRN)

Meet the most acquisitive companies in America in 2011.  (Deal Journal)


Some one had to step up and lead the charge for MF Global customers.  (Term Sheet)

Will Corzine take the fifth?  (NetNet)

Ten years later how the implosion of Enron affected one exec’s finances.  (Total Return)

This year’s bank stock performance is apparently all a part of an evil plan to boost compensation.  (Dealbreaker)

Occupy Wall Street as the new jobs fair.  (Dealbreaker)


A year of ETF firsts in 2011.  (ETFdb)

A frontier market version of the popular MSCI Emerging Markets Index Fund ($EEM) is on the table.  (IndexUniverse)

A closer look at the PowerShares S&P 500 Low Volatility Portfolio ($SPLV).  (AllETF)

The differences between some similar ETPs.  (ETFdb)


If Europe embraces austerity how will it ever get growing?  (Free exchange, Finance Addict)

Why isn’t the Euro weaker?  (Term Sheet)

Was the Euro a mistake from the get-go?  (Planet Money, ibid)

Putting some numbers on redenomination risk.  (FT Alphaville)

Investors in Russia don’t like political uncertainty.  (beyondbrics)


Is it time to start worrying about $100 oil?  (Business Insider also The Atlantic)

Improved Fed communications will make incoming data analysis easier.  (Tim Duy)

The Fed defends its crisis lending.  (Real Time Economics)

Falling home prices have helped lead to improved affordability.  (Calculated Risk, Carpe Diem)

The relationship between current account deficits and the housing bubble.  (FRBSF via EV)

Physics has a great deal to teach economics.  (Bloomberg)

Earlier on Abnormal Returns

Inflation is still the silent killer of investor portfolios.  (Abnormal Returns)

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

Mixed media

A primer on cognitive dissonance.  (Crosshairs Trader)

Why NBA owners won the lockout.  (Freakonomics)

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.