Book note: Why the Fed matters. A look at Invest with the Fed: Maximizing Portfolio Performance by Following Federal Reserve Policy by Robert R. Johnson, Gerald R. Jensen, and Luis Garcia-Feijooy. (Reading the Markets)
Quote of the Day
"The simple matter is that most clients know how to buy groceries, but few know how to purchase financial products."
(Cleary, Foulke and Gray)
Markets
- Mortgage REITs are still pretty cheap. (charlessizemore.tumblr.com)
- Why do bonds do well the last week of the month? (jayonthemarkets.com)
- Investors can't get enough of currency-hedged European stock exposure. (etf.com)
Strategy
- Bull markets aren't easy to maneuver but you have to have a plan. (awealthofcommonsense.com)
- The case for cash as a portfolio diversifier. (compoundingmyinterests.com)
- Markets are always uncertain. (adamhgrimes.com)
Companies
- Does Yahoo ($YHOO) management deserve the benefit of the doubt? (forbes.com)
- An interview with Renaud Laplance CEO of Lending Club ($LC). (lendingmemo.com)
- Alibaba ($BABA) stock is coming back to earth. (ftalphaville.ft.com)
Finance
- The Toronto Stock Exchange is going to get some competition. (wsj.com)
- The Nasdaq ($NDAQ) is getting into the energy futures business. (wsj.com)
Global
- Where capital is sloshing around Europe. (ftalphaville.ft.com)
- A startup, Premise, is building out a network of global economic data gatherers. (buzzfeed.com)
Earlier on Abnormal Returns
- Longform links: the battle to become the next Jack Bogle. (abnormalreturns.com)
- The great cash debate: the tactical and strategic uses of cash in a portfolio. (abnormalreturns.com)
- Rounding up recent book notes, reviews and releases previously on AR. (abnormalreturns.com)
- What you may have missed in our Wednesday linkfest. (abnormalreturns.com)
