Quote of the day

Josh Brown, “Gold is a trade, not a way of life or a religion and certainly not a currency.”  (The Reformed Broker)

Chart of the day


Not surprisingly gold is oversold, while the Dow is not.  (Global Macro Monitor)


Should you be adding market risk at this point?  (Dynamic Hedge)

How this rally resembles that of the 1980s.  (Michael Santoli)

How much more does the crude oil/natural gas ratio have to go?  (All Star Charts)

When stocks and gold broke up.  (MarketBeat)


Why real housing prices decline over time.  (NYTimes)

Common factors in stock market seasonality.  (SSRN)

Financial advisors

How technology is affecting the financial adviser space.  (NYTimes)

Wall Street technology, as it were, still has a GIGO problem.  (I Heart Wall Street)

Brightscope is planning to shine some light on RIA fees.  (RIA Biz)

Tiger beat

Teenagers love their iPhones.  (Daring Fireball)

Teens are growing tired of Facebook ($FB).  (Marketwatch, SAI)


Why is Goldman Sachs ($GS) investing in Motif?  (NYMag)

Online sellers are looking to establish an offline presence.  (GigaOM)


Just in case you doubted it:  social finance has arrived.  (B2BVoices via @allanschoenberg)

LBO funds are losing their dry powder.  (Sober Look)

On the state of the hedge fund industry.  (Hedge Fund Intelligence)


Bond managers are on a tear. Can they keep it up?  (Jason Zweig)

Is it possible to pick active managers that outperform?  (Systematic Relative Strength)


Why Peak Oil isn’t dead.  (Wonkblog)

Inflation targeting is not dead yet.  (Gavyn Davies)

A look back at the economic week that was.  (Bonddad Blog, Calculated Risk)

The economic schedule for the coming week.  (Calculated Risk)

Earlier on Abnormal Returns

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

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

Mixed media

The age of entrepreneurs is rising.  (FT)

News is bad for you: stop consuming it.  (Guardian)

What if we all died at 40?  (Marginal Revolution)

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