Quote of the day
Ben Carlson, “The only thing we can say with any certainty is that bond returns will be much lower going forward than they’ve been since the early 1980s…Therefore the biggest risk bond investors face is misaligning expectations with this reality.” (A Wealth of Common Sense)
Chart of the day
Check out how far crude oil is off the highs. (Business Insider)
Markets
Checking in on tenuous market breadth. (Short Side of Long)
Commodities, along with oil, have been weakening. (Kimble Charting)
Strategy
A thirty second course on asset allocation. (The Reformed Broker)
Reading vs. training: how to get started in trading. (SMB Training)
Barry Ritholtz talks with noted short seller Jim Chanos. (Soundcloud)
Companies
A bidding war for Family Dollar ($FDO) has erupted. (Dealbook, Fortune, Money)
What is Kinder Morgan’s ($KMI) earning power? (FT ALphaville)
Finance
Silicon Valley is relying less and less on investment bankers. (Dealbook)
A deep dive into the business of trading shares in athletes, a la Fantex. (FT Alphaville)
On the importance of hedge fund branding. (All About Alpha)
Funds
On the (large) influence of Morningtar ($MORN) on the fund industry. (FT)
How to use Morningstar equity fund ratings. (SSRN via CXOAG)
How the biggest 15 equity mutual funds did over time. (Wall Street Ranter)
ETF statistics for July 2014. (Invest with an Edge)
Economy
Homebuilders were feeling pretty confident in August. (Calculated Risk, Bespoke)
High paying jobs are staging a comeback. (Washington Post)
Why the truck driver shortage is likely to continue. (Business Insider)
The US will be awash in corn this Fall. (WSJ)
Earlier on Abnormal Returns
Mindfulness, intuition and “intentional trading.” (Abnormal Returns)
Legends of the financial blogosphere. (Yahoo Finance)
What you might have missed in our Sunday linkfest. (Abnormal Returns)
Mixed media
Time to stock up on olive oil. (WSJ)
Pumpkin spice lattes are awful. (Quartz)
How America fell out of love with canned tuna. (Washington Post)
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