Quote of the day

Jeff Miller, “As you watch or read the news next week, you should realize the pressure on pundits to be bold, dramatic, and confident – even when their forecasts are a bit shaky.”  (A Dash of Insight)

Chart of the day


Cotton prices have gotten crushed recently.  (Short Side of Long)


What to expect after a sharp sell-off from 52-week highs.  (Dana Lyons)

A look back at some meaningful corrections.  (Chris Ciovacco)

Check out the spike in the equity call/put ratio.  (Horan Capital)

A $VIX primer.  (Adam Grimes)

Why you need to mentally prepare for inevitable market corrections.  (A Wealth of Common Sense)


Value investing can underperform for years at a time.  (Alpha Architect)

Even great traders should expect to having losing streaks.  (TraderFeed)

Form matters for investments but management even more.  (Aelph Blog)


It’s time for Marissa Mayer to leave Yahoo ($YHOO).  (TheStreet)

The power of Facebook ($FB) ad targeting.  (NYTimes)

Is $9.99 the ideal price for e-books?  (Bits)

Twitter’s ($TWTR) power users often don’t see ads.  (WSJ)


Tax inversion deals are not tax-friendly for taxable investors.  (WSJ)

The US tax code is a mess.  (Musings on Markets)

An example of where “you get what you negotiate.”  (The Epicurean Dealmaker)

Bad week or not the IPO market got some business done.  (Quartz)


Should we be worried about ETFs during times of market stress?  (Barron’s)

Why the ETF creation/redemption process works.  (ETF)

Bank loan ETFs have their share of critics.  (Barron’s)

Mutual funds

The August mutual fund commentary is up. (Mutual Fund Observer)

A look at the Vanguard approach to actively managed funds.  (Barron’s)


The world’s stock markets are a mixed bag at the moment.  (Short Side of Long)

The 16 most important global economic charts for the week.  (Quartz)

What happens if Russian stocks get pulled from various indices?  (WSJ)

An Argentina default Q&A.  (Sober Look)


What did we learn about the economy this week?  (FT Alphaville, Bonddad Blog, Big Picture)

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

None of the data this week should deter the Fed from their plans.  (Tim Duy also Econbrowser)

The summer doldrums economically speaking a misnomer.  (Bloomberg)

Earlier on Abnormal Returns

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

What books Abnormal Returns readers purchased in July 2014.  (Abnormal Returns)

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

Mixed media

Choices, even among good options, still can lead to anxiety.  (New Yorker)

There are some material goods that can help make you happy.  (The Atlantic)

Tony Schwartz, “(T)hreats to our value push us into defense mode, which is a zero sum game. Whatever energy we spend defending our value — staying safe — is energy not available to create value.”  (Dealbook)

You can support Abnormal Returns by visiting Amazon. Don’t forget to 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.