List: Six insights on saving from Dan Ariely’s new book Dollars and Sense: How We Misthink Money and How to Spend Smarter. (Barking Up the Wrong Tree)
Quote of the Day
"There is an inherent conflict of interest in the profit model of Wall Street and many of the products they offer. The result of all of this is that the financial markets look a lot more like a casino these days than an exchange for raising capital, hedging operations and allocating savings."
(Cullen Roche)
Chart of the Day
For the first time since 2008, 2Y US Treasury bond yields are greater than the dividend yield of the S&P 500…
Markets
- Why 10-year trailing market returns are going to jump in 2018. (blogs.wsj.com)
- The S&P 500 is as overbought as it has been in the past 20 years. (stockcharts.com)
- Individual investors have the highest allocations to stocks since 2000. (jlfmi.tumblr.com)
CAPE
- What CAPE naysayers get wrong. (researchaffiliates.com)
- Why the US CAPE ratio will soon start looking better. (albertbridgecapital.com)
Individual investors
- Individual investors have pulled money out of equity mutual funds throughout the bull market. (wsj.com)
- However, this overlooks the many ways that individual investors have benefited. (twitter.com)
Crypto
- Why it's better to be late, than early to a new technology-driven party. (pragcap.com)
- Direxion Asset Management and the NYSE wants to launch 2x Bitcoin ETFs. (reuters.com)
- What big institutional investor will be the first to buy Bitcoin? (institutionalinvestor.com)
- John Battelle, "You cannot fix Facebook without completely gutting its advertising-driven business model." (shift.newco.co)
- Facebook ($FB) is nearly the biggest group on earth, surpassing Christianity. (l2inc.com)
Finance
Funds
Support
- Love Abnormal Returns? Then like (and follow) us on Facebook. (facebook.com)
- Stay up-to-date with all of our posts: sign-up for our daily e-mail. (abnormalreturns.com)
- Get yourself (or someone you love) an annual membership. (abnormalreturns.com)
Economy
- At current valuations, slow, but steady economic growth, is the limit factor. (fat-pitch.blogspot.com)
- A succinct summary of the week's economic events. (ritholtz.com)
- The economic schedule for the coming week. (calculatedriskblog.com)
America
- Why New England pays more for their power. (sl-advisors.com)
- Higher home prices are driving people off the Hawaiian islands. (washingtonpost.com)
Earlier on Abnormal Returns
- Top clicks this week on the site. (abnormalreturns.com)
- What you missed in our Saturday linkfest. (abnormalreturns.com)
- Longform links: defining quality. (abnormalreturns.com)
