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Quote of the Day
"Technical analysis today appears to be on a roll. Investors of different stripes — Dumpster-diving value, go-go growth, even the smart beta and quant crowds — are turning to the same tools that were once used almost exclusively by technicians."
(Richard Teitelbaum)
Chart of the Day

Consistency in fund performance is overrated as a measure of success.
Markets
- Why recent bond market weakness is disconcerting to investors. (awealthofcommonsense.com)
- Securitized assets are an increasingly smaller part of the major fixed income indices. (bmogamviewpoints.com)
Strategy
- Strategists wouldn't put out annual stock market forecasts if people didn't read them. (theirrelevantinvestor.com)
- Investing lessons from Bill Browder. (blogs.cfainstitute.org)
Time
- Investments play out on their own time frame, not yours. (safalniveshak.com)
- 50 reasons why we don't invest for the long term. (behaviouralinvestment.com)
Self-promotion
- Want to get an e-mail notifying of your posts every day? Sign up here: (abnormalreturns.com)
- Check out our financial history-focused Market Moment every day in your Alexa flash briefing. (amazon.com)
Crypto
Finance
- How 2019's slate of IPOs is different than previous IPO waves. (wsj.com)
- Non-bank lenders increasingly hold non-investment grade bank loans. (bloomberg.com)
Global
- Why do Brits (and Americans) work such long hours? (economist.com)
- Why foreign investors have cooled in India. (economist.com)
Economy
- Why the Fed may pull a 'dovish hike' out to finish the year. (blogs.uoregon.edu)
- Does weakness in trucking stocks indicate a slowdown in 2019? (markets.businessinsider.com)
Earlier on Abnormal Returns
- Research links: economic foundations. (abnormalreturns.com)
- What you missed in our Monday linkfest. (abnormalreturns.com)
- Adviser links: a hungry sales force. (abnormalreturns.com)
- It's not all puppies and rainbows: some posts you should check out. (abnormalreturns.com)
Mixed media
- Instagram influencers are increasingly posting fake sponsored items to look more successful. (theatlantic.com)
- Walt Mossberg is giving up Facebook. (nytimes.com)
- The downsides of relying on YouTube hosting your video content. (calnewport.com)
- It's harder to turn your dog into an Instagram star than it looks. (nytimes.com)