Now is the time to check out cool stuff for the holidays including: Chris Hadfield’s An Astronaut’s Guide to Life on Earth.

Quote of the day

Jeffrey Gundlach, “Look at the dichotomy this year between high-yield bonds and emerging-market bonds. High-yield bonds are up 6% or 7%, but emerging-market bonds are down 6% or 7%. That’s a pretty large swing in the value proposition.”  (Barron’s)

Chart of the day


Stocks outyield bonds just about everywhere.  (Blackrock via BI)


There’s never been a better time to be an individual investor.  (Jason Zweig)

TIPS are poised for their worst year ever.  (MoneyBeat)

The ‘Santa Claus rally‘ is a bit of a myth.  (Mark Hulbert)

Just how good (or bad) are sell-side analyst estimates?  (A Dash of Insight)


Greg Harmon, “This game of the stock market and investing is a marathon. Not a sprint and the winners of the marathon are those that trained the hardest and kept trying to improve. They persisted. ”  (Dragonfly Capital)

Nine tips to become a more patient investor.  (Clear Eyes Investing via Monevator)

The price of online portfolio management keeps getting pushed down.  (Barron’s)


Messaging has shown itself to be a killer mobile app.  (Pando Daily)

iOS users spend a lot more than their Android counterparts.  (Business Insider also Quartz)

Why are VCs pouring money into the food industry?  (Pando Daily)


Why does the economy seem to do better under Democratic presidents?  (Econbrowser, Marginal Revolution)

Due to the island’s economic woes Puerto Ricans are leaving in droves.  (WashingtonPost)

A look back at the economic week that was.  (XE)

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

Earlier on Abnormal Returns

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

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

Mixed media

Still waiting for Bitcoin to get boring.  (Felix Salmon)

Why is the NFL a 501(c)(6) tax-exempt organization?  (Politico)

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.