Hot Links: Momentum Myths

Stuff I’m Reading this Morning…

ECB acts: The era of negative interest rates has begun.  (BusinessInsider)

David Rosenberg: Here’s why there’s zero chance of a recession.  (BusinessInsider) and (PragCap)

What can the Misery Index tell us about the stock market?  (DrEdsBlog)

Chess: If bond yields are to break higher, right about now would be a good time.  (iBankCoin)

Why the Indian stock market looks so promising over the next five years.  (BusinessStandard)

Amazon’s smartphone is going to be a serious competitor. God I hope they name it the BuyPhone.  (Bloomberg)

McDonald’s CEO caving on minimum wage hike from $7 to $10 an hour. Which is nice considering he made $9.5 million last year just for showing up.  (HuffPo)

The Con Artist Wing of the Democratic Party – Matthew Stoller cuts Tim Geithner’s head off with an ax.  (Vice)

Dart-throwing monkeys still defeat the financially literate at stock picking.  (Economist)

Bill Gross: I don’t own a cellphone.  (PIMCO)

Breakdown of Dividend, Buyback, and Shareholder Yield for the S&P 500  (MebFaber)

Debunking the myths of momentum, one by one.  (OptimalMomentum)

Seven new ETFs from BlackRock and State Street. Thank god, we were running low…  (ETFdb)

Pimco loses another bond manager to the highly lucrative food truck game.  (Bloomberg)

The Secret Service is looking for software that can detect sarcasm on Twitter. Probably so it doesn’t have to arrest everyone as potential threats.  (BBC)

How jealous are you of Lego’s business cards?  (Quartz)

Mezzanine debt tranches: in pro rata market segments, never cover them. The Random Financial Advice Generator is my favorite thing on the internet today.  (PhraseGenerator)


The new book – Clash of the Financial Pundits – now available for pre-order!

 

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.