Quote of the day

Marco Ament, “Every action on the Surface feels deliberate. It feels like you’re using a computer.”  (Marco.org)

Chart of the day

Amazon’s stock price has been resilient for a long time.  (StockCharts Blog)

Markets

The market is best described as ‘apathetic‘ at the moment.  (Dynamic Hedge)

Market P/E ratios continue to trend lower.  (Horan Capital)

By this measure Treasury real yields are once again positive.  (Bloomberg)

Strategy

Of course we live in the golden age of investing.  (Mint earlier Abnormal Returns)

A-Rod, sunk costs and the disposition effect.  (Musings on Markets)

The case for GDP-weighted global bond portfolios.  (WSJ)

Companies

The stakes for Microsoft ($MSFT) keep getting ratcheted up.  (Economist, WSJ)

How the Zune helped revive Microsoft.  (Slate)

How Amazon ($AMZN) could get into local commerce in a big way.  (Forbes also Slate)

Is the market undervaluing the Nook business of Barnes & Noble ($BKS)?  (Barron’s)

The challenge of falling subscription revenue for the New York Times ($NYT).  (GigaOM)

Finance

The SEC is investigating wider tick sizes for less liquid securities.  (WSJ, Aleph Blog)

REITs are hot, ergo everybody wants to become one.  (Jason Zweig)

The asset-baked commercial paper market has nearly disappeared.   (Sober Look)

Kicking John Paulson while he is down.  (Dealbreaker)

StockTwits

The StockTwits API is open for business.  (Pando Daily)

Notes from Stocktoberfest.  (@gordonbowman)

ETFs

Does your muni bond fund own a big chunk of Puerto Rican bonds?  (Morningstar via Focus on Funds)

The bank loan ETF space just doubled in size with the coming aunch of the Pyxis/iBoxx Senior Loan ETF ($SNLN).  (IndexUniverse)

Global

Why are economists hanging on to their old growth models for China?  (Michael Pettis)

Other currencies are becoming correlated with the renminbi.  (voxEU)

Economy

What impact do data centers have on the economy?  (GigaOM)

Just how much did the drought cost the economy?  (Curious Capitalist)

Earlier on Abnormal Returns

What you missed in our Saturday long form linkfest.  (Abnormal Returns)

Top clicks this week on the site.  (Abnormal Returns)

Mixed media

How to go an information diet this election season.  (Big Think)

Why are company bathrooms so bad?  (Businessweek)

Why flying today stinks.  (BizJournals)

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.