Book list: 39 Summer books to check out including The Gene: An Intimate History by Siddhartha Mukherjee. (Washington Post)
Quote of the Day
"If you can only buy expensive things, at least buy a diverse set of them."
(Antti Ilmanen)
Chart of the Day

Cellular data traffic is growing at a 60% year-over-year rate globally. (Ericsson via @benedictevans)
Markets
- Portfolio managers are holding as much cash as they did in November 2001. (twitter.com)
- Trading in $VIX-related ETPs has exploded. (blogs.barrons.com)
Strategy
- The ways in which individual investors can beat institutional investors. (acquirersmultiple.com)
- On the value of having a "well-rested" portfolio. (bpsandpieces.com)
Offers
- Modern Trader magazine hits its stride with the latest issue on managed futures. (moderntrader.com)
- Cut the cord and save $15 on Fire TV. (amazon.com)
- Sign up for Audible.com and get two free books including Jonah Berger's Invisible Influence: The Hidden Forces That Shape Behavior Audible." (amazon.com)
Companies
Finance
- IEX Group is now a full-fledged stock exchange. (nytimes.com)
- Can Goldman Sachs ($GS) realistically be successful at retail online banking? (nytimes.com)
Global
- India is going to miss Raghuram Rajan at the RBI. (ftalphaville.ft.com)
- How Brexit could hurt America. (washingtonpost.com)
- Brexit is not as big a deal as people think. (dashofinsight.com)
Economy
- Five reasons the US economy is experiencing sluggish growth. (nytimes.com)
- What CEOs had to say about the economy this week. (avondaleam.com)
- A succinct summary of the week's economic events. (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 missed in our Saturday linkfest. (abnormalreturns.com)