Book list: The best books of year from Arnold Kling including Foolproof: Why Safety Can Be Dangerous and How Danger Makes Us Safe by Greg Ip. (askblog)
Quote of the Day
"It is impossible to follow more than a handful of publicly traded companies closely enough to be able to have a strong opinion on their long term prospects. Yet Cramer delivers a seemingly infinite amount of opinions on any company he is asked about on a daily basis."
(Steven Spencer)
Chart of the Day
The S&P 500 is back above its 200 day moving average. However the equal-weight S&P 500 is lagging.
Markets
- Emerging market equities played catch up last week. (capitalspectator.com)
- Copper prices have been going down for years. (shortsideoflong.com)
- How does the stock market do during Thanksgiving Week. (quantifiableedges.com)
Strategy
- The financial crisis is still fresh in the minds of many investors. (awealthofcommonsense.com)
- Revenue growth: it's what will drive returns going forward. (blog.abglobal.com)
- What typically happens to stocks after the Fed starts raising rates. (seeitmarket.com)
Offers
- All week Amazon is offering big discounts off of their Kindles including $20 off the Paperwhite. Check it out. (amzn.to)
- "The Man in the High Castle" on Amazon Prime rates a 77 on Metacritic. You can get a 30-day free trial for Prime here: (amazon.com)
- Sign up for Audible.com and get two free audiobooks including "Black Box Thinking: Why Most People Never Learn from Their Mistakes--But Some Do." (amzn.to)
Pfizer-Allergan
- Pfizer ($PFE) and Allergan ($AGN) are a thing. Expect pushback. (bloomberg.com)
- It takes an army to advise on a huge pharma inversion deal. (ftalphaville.ft.com)
Finance
- Are stock buybacks good or evil? (wsj.com)
- Hedge funds are stealing computer scientists from Silicon Valley. (ft.com)
- Why the tech IPO went out of vogue. (bclund.com)
Funds
Global
- Emerging market P/E ratios are all over the place. (bloomberg.com)
- What is going on with global oil production. (econbrowser.com)
- The ECB is nearing the beginning of the end of QE. (blogs.ft.com)
Economy
- The Fed is set to raise rates but can it break the trend of other central banks who failed at raising rates. (economistsview.typepad.com)
- The Chicago Fed National Activity Index was up in October. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Need some holiday book ideas? Then check out this compilation of book-related links from the past month. (abnormalreturns.com)
- Research factors: Euro factors. (abnormalreturns.com)
- Raising your media IQ. My Q&A with Brett Steenbarger. (forbes.com)
- What you may have missed in our Sunday linkfest. (abnormalreturns.com)
