Hot Links: Forsaking an Asset Class

Stuff I’m Reading this Morning…

Acronymapalooza: GDP, FOMC, ADP, PMI On Deck (ZeroHedge)

Should Mario Draghi be a hawkish dove or a dovish hawk? Or just blow his brains out?  (MoneyBeat)

Narrative risk and the forsaking of whole asset classes – must read for portfolio managers.  (CapitalSpectator)

The Shanghai Stock Exchange is like the Lehman Brothers of markets, down 43% from its peak, annihilating $750 billion in capital.  (Bloomberg)

Beijing trying to assure investors that it can foster economic growth and tamp down bubbles at the same time. That’s hilarious.  (Reuters)

…but the emerging markets category is so despised, now might be the time to add a fund.  (Morningstar)

European unemployment figures just released – signs of stabilization.  (FloatingPath)

Bill Ackman makes his biggest investment ever.  (BusinessInsider)

Peter Thiel’s new startup is focused on bringing credit to the unbanked masses.  (NYT)

Feds arrest Sandeep Aggarwal, a prominent tech stock analyst they believe passed tips to SAC.  (BusinessInsider)

Long Island stockbroker admits to bilking his clients for 17 years. I for one am shocked. Not really.  (Newsday)

From late last night – Dare I say, “Green shoots in Europe”?  (TRB)

The 25 most Irish things ever.  (Buzzfeed)

Don’t miss The Takeaway, my daily linkfest for financial advisors (InvestmentNews)

REMINDER: Backstage Wall Street is now on Kindle!

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