Hot Links: The Guarantee

Stuff I’m Reading this Morning…

Mark Hulbert’s concerned that the slowdown in buybacks means the bull market may be ending.  (MarketWatch)

Michael Batnick has this guarantee for you:  (IrrelevantInvestor)

There are approximately zero short sellers left in this market.  (FT)

I’m a day late to this Jim Simons profile but you’re not going to want to miss this:  (NYT)

On the difference between price discovery and value discovery.  (WealthOfCommonSense)

Finra opens a probe into retail brokers to find out if they’re selling out their customers’ orders to the highest bidder (of course they are).  (WSJ)

Simon Lack on why companies returning cash to shareholders are doing the best thing they possibly can.  (SLAdvisors)

Cullen’s not buying into the new 1970’s comparisons, here’s why:  (PragCap)

A look at global market capitalization share by country / region.  (Bespoke)

Sick graphic from Quartz – the evolution of the S&P 500’s sector composition.  (Quartz)

james Altucher’s 10 ways to conquer your anger.  (AltucherConfidential)


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