Hedge funds cutting their bullish bets on gold. (Bloomberg)
“In short, it looks as if developed economies’ central banks will unleash further monetary easing on their economies and hence the global economy.” (BusinessInsider)
Jason Zweig: There are worse things on earth than carrying cash at a negative return in a bull market. (WSJ)
Look who’s hiring and spending again! State and local governments become a tailwind. (CalculatedRisk)
For some reason, JPMorgan and other big banks may be rethinking having their traders in chatrooms with names like “The Cartel”. (WSJ)
Howard Marks, Warren Buffett, Josh Harris and other value investors made the crisis their bitch. (NYT)
How many simple simon traders just got their heads blown off by that false inverse head-n-shoulders in the TLT? (PriceActionLab)
Oh no, they’re writing articles about how Mom & Pop are buying stocks again! Probably a guaranteed top because we’re all such clever contrarians, aren’t we. (WSJ)
The secret to investing is that there is no secret to investing. (ValueWalk)
When Wall Street packages managed futures for their retail clients, the result is billions of fees paid and zero gains leftover for investors. And somehow you’re surprised by this. Are you new here? (WaPo)
Vitaliy Katsenelson’s favorite stock to play the Bakken Shale. (InstitutionalInvestor)
All those “smart beta” ETFs based on backtesting the last 30 years downplay how unique the environment has been. (FocusOnFunds)
Investors are using the GREK ETF to frontrun Greece’s entry into MSCI’s Emerging Markets indices. (ETFTrends)
Morgan Stanley wealth manager arrested for secretly filming multiple girls having sex with him. (DailyNews)
How badass is Amazon? They’ve just convinced the US Postal Service to begin making Sunday deliveries for them. (NYT)
I LOVE this photo series of once-great bank buildings repurposed for the McConomy. (BusinessInsider)
I’m a New York City-based financial advisor at Ritholtz Wealth Management LLC. I help people invest and manage portfolios for them. For disclosure information please see here.
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