Book list: A great summer reading list for financial advisors including The Opposite of Spoiled by Ron Lieber. (Nerd’s Eye View)
Quote of the Day
"Short-selling is an incredibly lonely proposition.."
(Bill Ackman)
Markets
- A look at just how quiet the stock market has been of late. (statisticalideas.blogspot.com)
- The stock market has not had a 2% move in 2015. (crossingwallstreet.com)
- What happens after the S&P 500 trades in a really tight range. (ryandetrick.tumblr.com)
Strategy
Modern Trader
- As opposed to financial media, startups are focused on accountability. (thealphapages.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
Companies
- Why health insurers are rushing to merge. (nytimes.com)
- Why Apple ($AAPL) wants to kill free streaming. (fortune.com)
- Darden Restaurants ($DRI) is splitting its real estate and restaurant operations. (businessinsider.com)
Finance
- Goldman Sachs ($GS) and Morgan Stanley ($MS) are going in different directions. (bloomberg.com)
- Citadel is stepping up its equity trading game. (wsj.com)
Funds
Economy
- Why the Fed is focused on a consistent message. (economistsview.typepad.com)
- It has gotten harder to buy a house over the past year. (washingtonpost.com)
- Why we need more nuanced definitions of employees and contractors. (bloombergview.com)
Earlier on Abnormal Returns
- A Q&A with Ben Carlson about his new book: "A Wealth of Common Sense: Why Simplicity Trumps Complexity in Any Investment Plan."* (abnormalreturns.com)
- Startup links: unicorn valuations. (abnormalreturns.com)
- What you may have missed in our Monday linkfest. (abnormalreturns.com)
