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Basically, wake me up Wednesday around 1:30 Eastern. All else can be safely ignored. Source: BAML

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Josh here – today we have a guest post that will open your eyes to something you’ve probably never heard discussed – the lack of outperformance amongst active bond managers. The anonymous blogger at Your Wealth Effect took the topic on after being inspired by a series of posts I’ve done about professional stock-pickers. Using…

Phil Izzo at Real Time Economics makes an interesting observation – Americans spend about 41% less on Dad’s holiday than they do for Mom’s. Check this out: People always spend more on Mom than they do on Dad. This year on average Americans said they planned to spend about $169 on Mother’s Day compared to…

The purpose of this site is to make me a smarter investor and a more knowledgeable advisor to my clients. I read research and news for hours, thousands and thousands of words each day, to make sure that I’m aware of everything that’s happening. I blog or link to much of what I read in…

On Friday the new Kanye West album, Yeezus, leaked in its entirety four days ahead of schedule. This was the single most anticipated album of 2013 and Kanye is to this era as Stevie Wonder was to the 1970’s, a true artist who pushes the entire art form forward with each new release and consistently…

Morgan Housel (Motley Fool) does an excellent job here reminding us of how much superfluous news is created each day. Avoid explanations of random events. Pay more attention to historical context. People can’t stand the idea that events are random and unexplainable, so they try to attach meaning. You’ll see things like, “Stocks fall 0.5%…

Don’t underestimate the Fed’s mouth as compared to its other policy tools. As Evan Soltas (Bloomberg) demonstrates, whether or not the Bernanke actually pulls the lever, the tightening has already gotten underway… Monetary conditions are certainly tightening. The accompanying graph depicts the market’s expectation of the federal funds rate, the baseline short-term interest rate the…