
What I'm reading this morning:
- Oil, stocks bouncing hard (Business Insider)
- Even European stocks! Ain't that some shit... (Wall Street Journal)
- Morgan Stanley profit jumps 87% (!) as wealth management biz booms (Reuters)
- Google disappoints on slower advertising and big internal spending (Wall Street Journal)
- Newsflash: Steve Cohen is still killing it. (New York Times)
- Goldman buys a tiny ETF company to boost its burgeoning retail asset management ambitions (Reuters)
- Someday, the market is going to crash. - Hulbert (MarketWatch)
- You should, at the very least, be prepared for the possibility of a bear market - Swedroe (ETF.com)
- How passive investors, C-Suite traders, machines and the Fed itself became the market's new amplifiers (Research Puzzle)
- American Funds figures out the key to saving active management - skin in the game and lower fees (duh!) (Morningstar)
- Why did the market fall this week? Whatever you do, don't say "profit taking" (Upshot)
- Do we have a problem if PIMCO and others need to unload bonds? (DealBook)
- Morgan Housel: Here are the very worst things you can do to yourself (Motley Fool)