
What I'm reading this morning:

Stuff I’m Reading this Morning…
The Japanese Bull Market turns one. (CassandraDoesTokyo)
How Wall Street sees the world in one slide. (BusinessInsider)
All of a sudden iron ore shipments to China are exploding. (Bloomberg)
John Hussman: All the classic signs of a crash are manifesting themselves, so why will this time be different? (ZeroHedge)
Greggy: If there’s going to be a crash, it’ll be in the Treasury market. (DragonflyCapital)
Yes, the equal-weight S&P 500 ETF generates significant alpha – but hold up, wait a minute! (IndexUniverse)
LOL, the average private equity investor merely breaks even. (FocusOnFunds)
Time to slay some of these zombie hedge funds and put them out of everyone’s misery. (Hedgeweek)
Matt Levine: Financial innovation is depressing. (Bloomberg)
Just how crowded is the “low volatility anomaly” trade right now? Craig Lazarra of S&P Dow Jones Indexes weighs in. (ETFTrends)
Finra is surprisingly candid in its report on the inherent conflicts of the brokerage industry (spoiler alert: the whole f*cking thing is one giant conflict): (NerdsEyeView)
Lockheed Martin working on a terrifying new vehicle that can fly, swim and drive on land. (FloatingPath)
Meet David Merrell, the financial advisor who located his office inside a fitness gym. (WSJ)
REMINDER: Backstage Wall Street is now on Kindle!