Book notes: The ETF marketplace is sophisticated and needed an equal book. Eric Balchunas’ The Institutional ETF Toolbox: How Institutions Can Understand and Utilize the Fast-Growing World of ETFs. (Reformed Broker)
Quote of the Day
"Play is our fuel; it gives us much of our joy, satisfaction, energy, and experience of affection. Without that emotional fuel, we burn out."
(Brett Steenbarger)
Markets
- Mean reversion rules for now. What next? (thereformedbroker.com)
- S&P 500 earnings have really flattened out. (macro-man.blogspot.com)
- A rare $VIX set up. (quantifiableedges.com)
- Trend following funds are having a good year. (next.ft.com)
Oil
- Crude oil just experienced a textbook 'false breakdown.' (allstarcharts.com)
- Why oil surged. (etf.com)
Strategy
- The case for REITs. (awealthofcommonsense.com)
- Investing lessons from tennis. (evidenceinvestor.co.uk)
Offers
- For a limited time you can get a Kindle of Kindle Paperwhite for $20 off. (amzn.to)
- Try Audible.com and Get Two Free Audiobooks including "When Breath Becomes Air." (amazon.com)
- You can join Kindle Unlimited for a 30-day trial and read to your heart's content. (amazon.com)
Companies
- Twitter ($TWTR) is still asking the question: what is Twitter? (fortune.com)
- Facebook ($FB) is eating the world. (cjr.org)
- Has Netflix ($NFLX) saturated the US market already? (fortune.com)
Finance
- There is really only one side to the fiduciary standard debate. (fortune.com)
- The battle over the IEX exchange application has turned into war. (next.ft.com)
Funds
- Patrick O'Shaughnessy, "Indexes are affected and changed by asset flows into strategies which target those indexes." (investorfieldguide.com)
- How John Hancock moved into the ETF space. (institutionalinvestor.com)
Economy
- Small business optimism declined in February. (calculatedriskblog.com)
- Some short-term optimism and long-term pessimism on the US economy. (csen.tumblr.com)
- What history can tell us about income (and wealthy) inequality. (farnamstreetblog.com)
Earlier on Abnormal Returns
- Startup links: options exercise. (abnormalreturns.com)
- Abnormal Returns was mentioned among the top 20 blogs for investors. (thecollegeinvestor.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
