Book list: The FT’s summer books of 2016 including The 100-Year Life: Living and Working in an Age of Longevity, by Lynda Gratton and Andrew Scott. (FT)
Quote of the Day
"You have three choices in the face of the mania that Wall Street and its many mouthpieces both conjure up and rely upon: you can agonize, act or exercise apathy."
(Tim Maurer)
Chart of the Day

It’s been awhile since investors have been this optimistic about stocks.
Markets
- Why you need to understand the market's "wall of worry." (dashofinsight.com)
- Why bother non-US stocks? (latticework.com)
Strategy
- Successful investing is largely about doing the little things right. (bpsandpieces.com)
- What "price compression" has done to the long bond. (pragcap.com)
Offers
- Hey Trekkies! Sign up for Amazon Prime and get access to The Star Trek Collection on Amazon Instant Video. (amazon.com)
- Subscribe to Modern Trader magazine and get 4 big bonus offers. (moderntrader.com)
- Try Audible.com and get two free books like "Originals" by Adam Grant. (amazon.com)
Companies
- Hotels should officially be worried by Airbnb. (qz.com)
- Why the shale revolution was a uniquely American phenomenon. (sl-advisors.com)
Finance
- Assets are gushing out of hedge fund of funds. (bloomberg.com)
- Can the robo-advisors build real businesses? (tradestreaming.com)
Global
- The world is facing a shortage in government bonds. (soberlook.com)
- Japan is thinking 'helicopter money' to combat persistent deflation. (next.ft.com)
Economy
- The economic data this week was solid. (economistsview.typepad.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)
- A rational response to a seemingly irrational world. (abnormalreturns.com)
- The 'flip' is coming for the high fee fund world. (abnormalreturns.com)