Earlier we recapped all the book-related notes from the past couple of weeks. You can check out all the goodness including a look at Jonathan Waldman’s Rust: The Longest War.
Quote of the Day
"To make money in the markets, you have to think independently and be humble."
(Ray Dalio)
Markets
- After a miserable period trend following strategies are back on track. (futuresmag.com)
- The S&P 500 has never had a higher price/sales ratio. (mebfaber.com)
- Do we need a 50-year bond? (bloombergview.com)
Strategy
- On the upside (and downside) of using a robo-advisor. (blogs.wsj.com)
- The first rule of short selling is don't talk about short selling. (deadcompanieswalking.tumblr.com)
Fintech
- The waiting list at Robinhood is no more. (fortune.com)
- Can Spark Gift make giving stock as a gift easy? (recode.net)
Companies
Finance
Funds
- What can we learn from the rise (and long fall) of the Hussman Strategic Growth fund. (wsj.com)
- The case for index funds: picking in advance outperforming active funds is really difficult in practice. (nytimes.com)
- When closed-end bond funds make sense. (online.barrons.com)
Global
- Is the US dollar strong or weak: depends on your time frame. (bloombergview.com)
- US economic data has been weaker than other major economies of late. (bloomberg.com)
Economy
- By this measure consumer inflation may have bottomed. (blogs.wsj.com)
- Energy expenditures as a percentage of spending is near a record low. (calculatedriskblog.com)
- Why there is a longer term cap on oil prices: ready supply. (wsj.com)
- A summary of the economic week that was. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you may have missed in our Saturday linkfest. (abnormalreturns.com)
