Hot Links: Setting the Tone

Stuff I’m Reading this Morning…

Morgan Stanley’s chief strategist Adam Parker kicks off the fall with a 3000 target on the S&P 500. Talk about setting the tone…  (BusinessInsider)

Stock market pundits make the case for a fall…ummm…fall in the market.  (WSJ)

Nouriel: Will Draghinomics look anything like Abenomics?  (ProjectSyndicate)

Brian Gilmartin on today’s highly “democratic” S&P 500 – no sector red flags at the moment.  (Fundamentalis)

A Charlie Munger truth bomb: “You have to adapt your strategy to your own nature and your own talents. I don’t think there’s a one-size-fits-all investment strategy that I can give you.”  (WealthOfCommonSense)

Atlantic City is totes f***ed.  (BusinessInsider)

Why cash is not a strategy. Hint: because it doesn’t pay any fees to (iShares)

Will China’s new market reforms help state-owned enterprise stocks close the gap?  (AllianceBernstein)

Emerging market stocks are breaking out, sorry about your narrative.  (Bespoke)

Here are Goldman Sach’s forecasts for everything.  (BusinessInsider)

Larry Swedroe: In general, private equity returns don’t justify the added risk.  (ETF)

Uptick in M&A business has Wall Street hiring tons of young bankers, that they will lay off during the next economic downturn.  (MoneyBeat)

The latest 411 on the timing of Alibaba’s IPO this month.  (Bloomberg)

Apple has now signed an agreement with both Visa and Amex for its iPhone mobile payments initiative – it’s real and coming September 9th.  (Recode)

Angelo Mozilo: Why won’t you love me?  (Bloomberg)

Eric Cantor is apparently worth $3.4 million to a Wall Street i-bank. I wonder if it has to do with exploiting political connections?  (BusinessInsider)

End the tyranny of 24/7 email – corporations take steps to stop the endless bullshit that kills productivity.  (NYT)

Sleep tight, Tennessee.  (Newser)

Hannah Ferguson is the next Kate Upton.  (GQ)

The new book – Clash of the Financial Pundits – now on sale!


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:

Please see disclosures here.