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Top clicks this week on Abnormal Returns
Last week’s top clicks were a hit with our readers so, without any further ado here are the top ten posts Abnormal Returns readers clicked on for the week ended on Friday, November 20th. The description is as it read in that day’s linkfest: The twenty-five most valuable blogs in America.  ...
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Friday links: market mood swings
abnormalreturns.com — “For better or worse, the more likely culprit for the uptick in market mood swings is the increased popularity of ETFs . As more take bets on sectors and asset classes rather than individual stocks, it has become a market where good news lifts ... (more) Friday links: market mood swings
Thursday links: costless capital
abnormalreturns.com — When your cost of capital is 0% everything looks attractive. ( Kid Dynamite also Big Picture ) Be wary when a private equity firm looks to go public. ( WSJ , Behind the Headlines ) Using the Taylor Rule as a check on rate expectations. ( ... (more) Thursday links: costless capital
Creating order out of aggregation
abnormalreturns.com — “Investing is hard.” ( Abnormal Returns ) “Investment blogging is difficult.” ( Abnormal Returns ) You would think, by transitive properties, that investment blog aggregation would also be difficult. But the idea ... (more) Creating order out of aggregation
Wednesday links: the risk of unemployment
abnormalreturns.com — Tom Petruno , “After the horrors of 2008, a money manager who doesn’t keep up with the market’s comeback this year is facing his or her greatest risk of all: the risk of unemployment.” ( Money & Co. ) Top stocks of the decade . ( ... (more) Wednesday links: the risk of unemployment
Tuesday links: outcome vs. process
abnormalreturns.com — Companies are rushing to get through the IPO window . ( WSJ , SmartMoney ) The gold market has all the makings of a bubble. ( Buttonwood , Fund My Mutual Fund also Telegraph ) If you trade gold , like GLD , you need to know this at tax ... (more) Tuesday links: outcome vs. process
Arbitrage-free merger arbitrage
abnormalreturns.com — When Mebane Faber of World Beta blog fame says something we take note. On the imminent launch of the IQ ARB Merger Arbitrage ETF ( MNA ) he writes: I think most of the IndexIQ ETFs are silly, but they nailed this one. Merger Arb ETF to hit the ... (more) Arbitrage-free merger arbitrage
Monday links: subsidizing debt
abnormalreturns.com — The best of the bull market may already be behind us. ( Barron’s ) The performance gap YTD between large caps and small caps has evaporated. ( MarketBeat ) Four key sectors that are struggling of late. ( VIX and More also Bespoke )  ... (more) Monday links: subsidizing debt
Sunday links: the new, new economy
abnormalreturns.com — Paul J. Lim , “By almost every measure, stocks are far cheaper at Dow 10,000 today than at Dow 10,000 in March 1999.” ( NYTimes also Big Picture ) Investor sentiment at week end. ( The Technical Take , Trader’s Narrative )  ... (more) Sunday links: the new, new economy
Top clicks this week on Abnormal Returns
abnormalreturns.com — Last week’s top clicks were a pretty diverse bunch. Without any further ado here are the top ten posts Abnormal Returns readers clicked on for the week ended on Friday, November 13th. The description is as it read in that day’s linkfest. The ... (more) Top clicks this week on Abnormal Returns
Friday links: forever funds
On the search for a true “ safe haven ” investment. ( Felix Salmon ) How do you create a “ forever fund ” with long term wealth preservation in mind? ( Aleph Blog ) Eight trading superstitions . ( The Reformed Broker ) Interest rates are so low some companies are ...
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Thursday links: odd call buying
Bond fund managers are closing their books early to lock in gains before year-end. ( WSJ ) Most people investing by the seat of your pants . On building a testable investment process ( Abnormal Returns ) Mutual fund companies are jumping on the tactical allocation , i.e. market timing, ...
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Investing by the seat of their pants
We have been in the midst of a debate as to the benefits (or not) of a buy-and-hold investment methodology. Barry Ritholtz at the Big Picture highlights some recent research showing that some portfolio managers are able to exploit macroeconomic data to outperform their benchmarks. What ...
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Wednesday links: Black November
abnormalreturns.com — BRICs lead country stock performance YTD. ( Bespoke ) By one measure, the percentage of stocks above their 10 day moving average , the stock market is once again overbought. ( Jack Damn ) John Paulson is sweet on takeover target Cadbury ( CBY ) ... (more) Wednesday links: Black November
Tuesday links: hedge fund funding
abnormalreturns.com — The conditions are ripe for a new hedge fund boom . ( Bloomberg ) According to the Hennessee Group hedge funds fell about 0.5% in October . ( WSJ ) “As hedge funds and mutual funds begin to eat each other’s lunch, their leverage levels ... (more) Tuesday links: hedge fund funding
Monday links: a force for good
YTD returns for the S&P 500 in other currencies don’t look all that hot. ( Bespoke ) What happens to the stock market when the VIX goes from overbought to oversold in five days? ( Quantifiable Edges ) The IMF warns that the dollar-carry trade is blowing bubbles around the ...
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Emerging stability
We haven’t posted a chart in awhile, but thought this one was worth noting. Below is a chart showing the spread between J.P Morgan’s emerging market bond index and US Treasury bonds. Source: WSJ A couple of points. Along the lines of our ongoing theme of a return to a ...
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Sunday links: hard knocks
abnormalreturns.com — Jim Chanos hates muni bonds. ( Barron’s also A Dash of Insight ) The global gold rush is on . ( Green Sheet , The Reformed Broker ) Are ETFs causing a bubble in emerging markets ? ( WSJ ) Felix Salmon , “Mutual funds are ... (more) Sunday links: hard knocks
Top clicks this week on Abnormal Returns
Last week’s inaugural list of top clicks was such a hit we decided to make it a regular feature. So without any further ado here are the top ten posts Abnormal Returns readers clicked on for the week ended on Friday, November 6th. The description is as it read in that day’s linkfest.  ...
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Friday links: the risk trade
“It seems counter-intuitive, but despite the weak fundamentals of the underlying economy, the liquidity outlook continues to favor the risk trade .” ( The Pragmatic Capitalist ) Another market valuation tool says the easy money has been made. ( Value Plays ) “ You ...
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