Q&A: A discussion with Yuval Noah Harari about the future of humanity and his book Homo Deus: A Brief History of Tomorrow. (Guardian)
Quote of the Day
"Bad news smashes your face against an amplifier, while good news just plays quietly in the background."
(Michael Batnick)
Chart of the Day
Boaz Weinstein of Saba Capital is planning to launch an actively managed ETF, the Saba Closed-End Funds ETF ($CEFS) to invest in CEFs.
Markets
- Bullish sentiment has likely peaked for now. (blogs.wsj.com)
- How BBB muni bonds perform during periods of rising rates. (blog.abglobal.com)
Strategy
- Why the US stock market is an exception to the rule. (blog.alphaarchitect.com)
- Michael Harris, "Drawing lines on charts and looking for simple patterns no longer works." (priceactionlab.com)
Offers
- The class business book "Barbarians at the Gate: The Fall of RJR Nabisco" by Bryan Burrough & John Helyar is just $1.99 for the Kindle. (amazon.com)
- Michael Lewis' "Flash Boys" is just $6.40 for the Kindle. (amazon.com)
Apple
- Apple ($AAPL) just introduced a new, cheaper 9.7" iPad. (businessinsider.com)
- What Apple ($AAPL) has in mind for the iPad. (daringfireball.net)
Finance
- High frequency traders are now finding profits hard to find. (wsj.com)
- Goldman Sachs ($GS) is building its own robo-advisor. (dealbreaker.com)
Funds
- Distressed debt funds need longer lock-ups to succeed. (bloomberg.com)
- Have managers outsourced their selling to managed future funds? (ft.com)
Economy
- The Chemical Activity Barometer has "increased solidly" the last few months. (calculatedriskblog.com)
- Hotel occupancy is still strong. (calculatedriskblog.com)
Earlier on Abnormal Returns
- Research links: factor persistence. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- ETF links: the big three. (abnormalreturns.com)
