Book note: The flaws in GDP. A look at Dirk Philipsen’s forthcoming The Little Big Number: How GDP Came to Rule the World and What to Do about It. (Reading the Markets)
Quote of the Day
"The goal of active investing has nothing to do with outperforming the market."
(Marshall Jaffe)
Strategy
- The dangers of going to all cash. (pragcap.com)
- On the benefits of starting a portfolio from scratch. (marketwatch.com)
- Discipline only gets you so far in trading. Creativity is necessary as well. (forbes.com)
- Studying top performers can only get you so far. (awealthofcommonsense.com)
Apple Watch
- We still don't know what the Apple ($AAPL) Watch will be. (aboveavalon.com)
- Wearables are not yet ready for prime time. (wsj.com)
Finance
- High frequency trader Virtu re-files to go public. (bloomberg.com)
- Big trading firms are warming to the idea of Bitcoin as a trading vehicle. (wsj.com)
Global
- Don't expect real interest rates to remain negative indefinitely. (econbrowser.com)
- Lower oil prices are putting a crimp in recycling efforts. (wsj.com)
Economy
- When the Fed starts raising interest rates it will be dealing with a wholly different bond market this time around. (blogs.wsj.com)
- The US is rapidly racing toward full employment. (csen.tumblr.com)
- How oil patch weakness affected the NFP number for March. (bonddad.blogspot.com)
- On the relationship between the risk-free interest rate and business cycle. (capitalspectator.com)
Earlier on Abnormal Returns
- Research links: moving average trading rules. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
