Quote of the day

Jared Woodard, ” If financial instruments like stocks and options are analogous to phrases in a language, volatility analysis is the thought process that allows you to say interesting things.”  (Condor Options)

Chart of the day

2012 is playing out like most election years.  (Bespoke)

Video of the day

Francois Trehan takes an optimistic tone with Consuelo Mack.  (Wealthtrack)


Risky assets are once again trading together.  (Sober Look)

You want a leveraged play on the global economy?  Check out the coal stocks.  (UpsideTrader)

The case for low bond returns going forward.  (Vanguard)

Why one value manager is holding a big slug of cash.  (The Reformed Broker)


We need a better benchmark for asset allocation.  (Capital Spectator)

Roger Nusbaum, “Investing can be as simple or as complicated as anyone wants to make it.”  (Random Roger)

Bruce Bower, “Ultimately, you need something that works and works for you. Otherwise, you won’t believe in it.”  (SMB Training)

Technology cycle

How technology valuations got turned upside down.  (Felix Salmon)

Is technology destined to go through boom and bust cycles?  (37signals)


Both absolute and relative momentum matter.  (Turnkey Analyst)

A look at the various strands of growth investing.  (SSRN)


Yahoo! ($YHOO) is getting Googlfied by CEO Marissa Mayer.  (AllThingsD)

Apple ($AAPL) is struggling in some emerging markets.  (FT contra Economist)

Molson Coors ($TAP) trades at a big discount to market leader Anheuser-Busch InBev ($BUD).  (YCharts Blog)


Francine McKenna, “The global audit market is in many ways similar to that of the credit rating agencies. It is an oligopoly sponsored by government mandates.” (FT)

When did the world’s stock markets forget their original purpose?  (Economist)


Burton Malkiel on the future of ETFs.  (IndexUniverse)

There are plenty of questions still to answer about the future of Pimco.  (Felix Salmon)


As China goes, so goes the commodities “supercycle.”  (Economist)

Iron ore prices continue to trend lower.  (FT Alphaville)

Europe still doesn’t get it.  (Tim Duy)

The SNB is having to work hard to keep the value of the Swiss franc down.  (FT Alphaville)


A look at the GDP-based Recession Indicator Index.  (Econbrowser)

Millenials are giving up on car ownership.  (Crain’s Chicago)

Earlier on Abnormal Returns

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

Mixed media

A Richard Thaler inspired behavioral economics reading list.  (Crosshairs Trader)

How our bodies influence our preferences.  (Scientific American)

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.