Book list: 100 notable books of 2015 including The Monopolists: Obsession, Fury, and the Scandal Behind the World’s Favorite Board Game by Mary Pilon. (NYTimes)
Quote of the Day
"It is not surprising since the Internet is following the same trajectory of previous media networks – radio and cable."
(Om Malik)
Chart of the Day
Bloomberg Economic Surprise Index (US) has been below 0 the entire year, first time this has happened.
Markets
- The high yield bond market has a big problem. (businessinsider.com)
- 2015 has been all about mega-caps and growth vs. value. (disciplinedinvesting.blogspot.com)
- Rydex traders are once again pretty bullish. (stockcharts.com)
Strategy
- Return expectations for a 60/40 portfolio going forward should be muted. (sharpereturns.ca)
- Traders should spend more time studying their own practices. (traderfeed.blogspot.com)
Offers
- It's hard to imagine going through the holiday season without Amazon Prime. Get a 30-day free trial here. (amazon.com)
- MODERN TRADER Magazine—the essential journal for professional traders and active investors. Special Subscription Offer! (moderntrader.com)
- Sign up for Audible.com you can get two free books including "The Monopolists: Obsession, Fury, and the Scandal Behind the World’s Favorite Board Game." (amazon.com)
Finance
- Why things are so tough out there for microcap companies. (skrisiloff.tumblr.com)
- Corporate board member pay has gone up along with CEO pay. (bostonglobe.com)
- Where hedge funds are hunting for new talent. (valuewalk.com)
Funds
- The growth in passive investing and the challenge of active management. (awealthofcommonsense.com)
- Sovereign wealth funds are net-net pulling capital from asset managers. (ft.com)
Global
Economy
- Slow and steady jobs growth wins the race. (scottgrannis.blogspot.com)
- How exactly is the Fed going to raise interest rates? (conversableeconomist.blogspot.com)
- How behavioral economists got the jump on psychologists. (medium.com)
- A succinct summary of the economic week. (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)
