Quote of the Day
"The world is awash in capital, in so much cash, that it is a little difficult to comprehend. Not only are equities priced higher, but every asset class you can think of is being driven up as faithful money seeks a dry, safe and happy home."
(Barry Ritholtz)
Rates
- Negative real interest rates put savers in a tough situation. (nytimes.com)
- Traders are stubbornly short Treasuries. (wsj.com)
- Why the Fed is awash in cash. (wsj.com)
Strategy
- It's not always obvious why a stock goes down. (awealthofcommonsense.com)
- An investment strategy built on macro forecasts is one built on sand. (thereformedbroker.com)
- No matter how you slice it investor expectations are too high. (bloomberg.com)
Apple
- Apple's ($AAPL) 'child safety' plan is a slippery slope. (daringfireball.net)
- Why Apple ($AAPL) is undermining user control over their own data. (stratechery.com)
Finance
- Private equity firms are getting creative with their offerings of debt and equity. (institutionalinvestor.com)
- Wall Street is on a hiring rampage for junior analysts. (bloomberg.com)
Economy
- The June JOLTS report showed a record number of job openings. (bonddad.blogspot.com)
- In many places $15 is the de facto minimum wage. (washingtonpost.com)
Earlier on Abnormal Returns
- Adviser links: having an opinion. (abnormalreturns.com)
- What you missed in our Sunday linkfest. (abnormalreturns.com)
- The most read items last week on Abnormal Returns. (abnormalreturns.com)
- Are you a financial adviser looking for some out-of-the-box thinking? Then check out our weekly e-mail newsletter. (newsletter.abnormalreturns.com)
