Quote of the day

Claire Jones, “For Germans these days, some things that do not glitter are gold. A property boom across the biggest cities has been dubbed a betongold – literally concrete gold – rush.”  (FT via BI)


Why the markets may be ready to “test” Janet Yellen.  (Macro Man)

Profit margin bears rely on one big argument. (Philosophical Economics)

Economic surprise indices provide no forecasting ability.  (Minyanville)


On the use of minimum volatility weights.  (Capital Spectator)

People who can beat the market probably don’t want your money.  (Joe Weisenthal)

How well are you running your ‘trading business‘?  (TraderFeed)

An excerpt from Meb Faber’s new book Global Value: How to Spot Bubbles, Avoid Market Crashes, and Earn Big Returns in the Stock Market.  (The Exchange)


Why Apple ($AAPL) stock is likely to continue in a range.  (Market Anthropology)

How Apple could make its own streaming service to take on Netflix ($NFLX).  (Quartz)


The Fed is NOT causing a tech bubble.  (Joe Weisenthal)

Biotech stocks ARE in a bubble.  (The Reformed Broker also UpsideTrader, TRB)


The length of 10-Ks are on the rise.  (WSJ)

How to tell if Herbalife’s ($HLF) internal consumption is a problem.  (Bronte Capital)


Jack Schwager author of The Little Book of Market Wizards talks with Andrew Horowitz.  (The Disciplined Investor)

Can sanctions against Russia actually make a difference? (Planet Money)

Michael Covel talks trendfollowing with Martin Bergin of Dunn Capital.  (Trendfollowing Podcast)


China’s PMI sputters.  (Pragmatic Capitalism)

France’s economy seems to be bouncing back.  (FT)


Did Janet Yellen intend to tighten policy last week?  (Gavyn Davies, Tim Duy)

Weekly initial unemployment claims are an underrated indicator.  (Stone Street)

The Chicago Fed National Activity Index jumped in February.  (Calculated Risk)

What are the risks of a ‘convexity event‘?  (Liberty Street Economics)

Thomas Piketty’s Capital in the Twenty-First Century is a “must read.”  (Reading the Markets)

Earlier on Abnormal Returns

Mutual fund performance still matters.  (Abnormal Returns)

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

Mixed media

Why do so many famous Americans come from college towns?  (Marginal Revolution)

How big data could make the SAT irrelevant for college admissions.  (Rick Bookstaber)

More universities are selling alcohol at sporting events. Is that a good idea?  (Sports on Earth via Slugball)

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