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

OBOS_0413

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

Markets

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)

Strategy

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)

Online

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

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

Finance

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)

Funds

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)

Economy

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)

Thanks for checking in with Abnormal Returns. You can follow us on StockTwits and Twitter.

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.