On the desktop: In honor of the 30th anniversary of the Mac the Macbook Air.
Quote of the day
Cardiff Garcia, “The bond market is just trying to anticipate the Fed, not actually fight it for control of the yield curve.” (FT Alphaville)
Chart of the day

Bond sentiment is weak despite a turn up in long duration bonds. (Andrew Thrasher)
Markets
The stock market is correcting. What are you doing to do? (The Reformed Broker, Crossing Wall Street)
T-bill yields have backed up. (Business Insider, Across the Curve)
The VIX futures curve has inverted. (Business Insider)
Commodities
Commodities have been trending down for three years now. (All Star Charts)
Cold weather is pushing natural gas prices higher. (Bespoke, FT)
Lumber prices are headed higher. (Calculated Risk)
Cattle futures are at all-time highs. (Attain)
Strategy
Informed trading through children’s brokerage accounts. (Turnkey Analyst)
During times of financial stress: buy bonds. (iShare sBlog)
Apple
Why Apple ($AAPL) is making a phablet. (Quartz)
Twenty ways in which the Macintosh changed everything. (Techland)
Apple is just one of many companies trying to kill the cable box. (Time)
Finance
Time Warner Cable ($TWC) and Charter ($CHTR) are $10 billion apart. (Dealbook)
How private equity groups are dropping IPOs on Europe. (FT)
Goldman Sachs ($GS) is cracking down on trader use of outside chat services. (WSJ)
ETFs
Old line money managers are getting on non-transparent ETFs. (FT, WSJ, IndexUniverse, Focus on Funds)
Simple ETF strategies can work. (IndexUniverse)
Global
Anxiety is spreading through the emerging markets. (WSJ, FT)
Why most Germans rent their homes. (Quartz)
Economy
Rail traffic continues to chug along. (Pragmatic Capitalism)
How random trades could help offset booms and busts. (New Scientist)
Earlier on Abnormal Returns
What you missed in our Thursday linkfest. (Abnormal Returns)
Mixed media
What one investment pro reads online. (Above the Market)
How to blog better: a nice review for Susan Weiner’s Financial Blogging: How to Write Powerful Posts That Attract Clients. (Aleph Blog)
Why The Drudge Report is one of the best designed sites on the web. (37signals)
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