What I'm reading this morning:
Stuff I’m Reading this Morning…
Izzy: “There is a destabilising force pounding its way through the global economy, generating untold chaos in its wake. You can’t see it, you can’t touch it, and you definitely can’t kill it. At best, you can scare it away (temporarily). Sometimes, if you’re lucky and it serves your interests, you can woo it back as well.” (FTAlphaville)
The Needle and the Damage Done – Greg Harmon on $SPY and the withdrawal of stimulus (DragonflyCapital)
Looking at past stock market drops for clues about this one. (USAToday)
The most important chart for corrective markets – how much upside is required to make back your losses? (ZorTrades)
You don’t even know how bad the fourth quarter was for Big Oil. (MoneyBeat)
Are ETFs to blame for the rapid ripping-out of capital from the emerging markets? (FT)
How Thomson Reuters is mining financial data from Twitter. (TechCrunch)
The amazing true story of how Jack Bogle failed, lost his job, and then had the epiphany that would change investing forever. (RickFerri)
Rob Bennett on the differences between buy-and-hold and “valuation-informed” indexing (ValueWalk)
The outlook for preferred stocks. (Indexology)
Why the 60/40 portfolio still works, despite investors’ desire to dump one side or the other when things get rough. (ETF.com) and (ETFTrends)
Now-private company Dell is about to lay off a whopping 15,000(!) employees. (ZeroHedge)
Is today the day they find out you’re a fraud? (TheOnion)
My latest for The Daily Beast – How Goldman Sachs Rescued Libya (DailyBeast)
Sports Illustrated introduces Gigi Hadid and Sara Sampaio, rookies appearing in this month’s annual swimsuit issue. (SportsIllustrated)
My book, Backstage Wall Street, available at Amazon
