Quote of the day
DM, “Companies that constantly complain about regulation and have antagonistic relationships with their regulators probably want to engage in behavior that is against the best interests of long-term shareholders.” (Dumb Money)
Chart of the day
Are Carnival Cruise Lines ($CCL) investors now “conditioned for headline events”? (Stone Street Advisors)
Markets
DH, “there is a large gap between what the market is doing and how the public feels about it.” (Dynamic Hedge)
Which celebrity should we pay attention to when it comes to stocks? (Daniel Gross)
How much do you know about where and how your assets are custodied? (Jason Zweig)
When was the last time natural gas was overbought? (Global Macro Monitor)
The thesis for higher gold prices. (Sober Look)
Pensions
The Wisconsin Retirement System is doing just fine thank you. (Institutional Investor)
401(k)s have failed. Is a beefed-up Social Security the answer? (The Daily Beast)
Funds
Charles Schwab ($SCHW) is getting into the “fundamental indexation” ETF game. (IndexUniverse)
DFA vs. Vanguard on the issue of corporate governance. (NYTimes)
Global
Cyprus gets a bailout: now the risk of bank runs. (Economist, Felix Salmon, FT Alphaville, NYTimes)
Small depositers are no longer immune to Euro risks. (Coppola Comment, Buttonwood)
Economy
Josh Gans, “If you read [Mark] Thoma, chances are you don’t need Google Reader. He is the social web.” (Digitopoly)
Matt Busigin, “Business capex to income is proportionate to long-term government interest rates.” (Macrofugue)
Are younger generations doomed to be poorer? (The Atlantic, Wonkblog)
A look back a the economic week that was. (Calculated Risk)
The economic schedule for the coming week. (Calculated Risk)
Earlier on Abnormal Returns
The stock market and economy are two very different animals. (Abnormal Returns)
What you might have missed in our Saturday morning linkfest. (Abnormal Returns)
Top clicks this week on the site. (Abnormal Returns)
Carnival Cruise
Carnival Cruise Lines gets a big subsidy from the US Coast Guard. (Quartz)
Important things to consider before taking a cruise. (Atlantic Wire)
Mixed media
Why you should take restaurant rankings with a grain of salt. (WSJ)
The long, slow decline of alt-weeklies. (Reuters)
Buzzfeed is launching a business section. (WSJ)
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