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Quote of the Day
"Your problems are your curriculum. Only when we embrace our problems do we learn from them and become more than we are."
(Brett Steenbarger)
Chart of the Day

“Simple visuals can be very powerful at telling an effective investment story.”
Markets
- The number of global equity markets in a downtrend is approaching 80%. (topdowncharts.com)
- Stock prices fall sometimes. Get used to it. (allstarcharts.com)
Volatility
- The VIX futures curve is in contango. (disciplinedinvesting.blogspot.com)
- The bond market is not pricing in much volatility. (themacrotourist.com)
Strategy
- The US stock market is great but it is not the entire world. (creativeplanning.com)
- Another reason to be wary of cherry picked market statistics. (priceactionlab.com)
- The story behind the greatest trade in NBA history. (tonyisola.com)
Funds
- The case for hedge funds just keeps getting worse. (sl-advisors.com)
- We just can't help ourselves when it comes to thematic ETFs. (wealthmanagement.com)
Economy
Earlier on Abnormal Returns
- Personal finance links: past lottery winners. (abnormalreturns.com)
- What you missed in our Tuesday linkfest. (abnormalreturns.com)
- Research links: simplified regularities. (abnormalreturns.com)