Book review: Unfinished Business: Women Men Work Family by Anne-Marie Slaughter views gender inequality through then lens of our uniquely American work culture. (LA Times)
Quote of the Day
"As is often the case with diversification, it’s not timing the market that counts. It’s time in the market. So, while cash looks particularly smart today the historical figures say that cash won’t be king for long."
(Cullen Roche)
Chart of the Day

Precious metals are pushing up against their downtrend lines.
Markets
- Only a couple of asset classes have positive year-over-year total returns. (capitalspectator.com)
- It's been awhile but the health care sector is rolling over on a relative basis. (stockcharts.com)
- These two breadth measures point to an oversold market. (shortsideoflong.com)
Strategy
- There are every few natural hedges to stock market volatility. (maliceforall.com)
- Successful traders treat their trading as a business. (forbes.com)
Offers
- Modern Trader Magazine—the essential journal for professional traders and active investors. Check out this special subscription offer including a free investment classic! (moderntrader.com)
- With Karma Go from @yourKarma you can take WiFi with you everywhere. Use my code for $10 off yours! (yourkarma.com)
- Both Ben Bernanke and Paul Volcker have endorsed Roger Lowenstein's forthcoming "America's Bank: The Epic Struggle to Create the Federal Reserve." (amzn.to)
Companies
Finance
Global
- How important would an economic downturn in China be for the United States? (econbrowser.com)
- Tumbling sugar prices are adding to Brazil's woes. (wsj.com)
- Ireland's economy is making its way back. (ft.com)
- If petrodollars are heading home, where are they exiting? (ftalphaville.ft.com)
Economy
- August personal income and spending point towards solid growth. (calculatedriskblog.com)
- Central banks have little ammunition to battle the next downturn. (blogs.ft.com)
Earlier on Abnormal Returns
- Research links: momentum drawdowns. (abnormalreturns.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)