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)


Checking in on tenuous market breadth.  (Short Side of Long)

Commodities, along with oil, have been weakening.  (Kimble Charting)


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)


A bidding war for Family Dollar ($FDO) has erupted.  (Dealbook, Fortune, Money)

What is Kinder Morgan’s ($KMI) earning power?  (FT ALphaville)


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)


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)


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)

You can support Abnormal Returns by visiting Amazon or follow us on StockTwits, Tumbler 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.