What I'm reading this morning:
- Ben Carlson on the Dunning-Kruger Effect (A Wealth Of Common Sense)
- "Event-driven" is like throwing spaghetti at the wall. (Bloomberg)
- Macro guys who were begging for volatility ended up getting in October - be careful what you wish for (Bloomberg)
- The only two charts you need to see today re: the stock market and its "belief" in the economic recovery: (Zero Hedge)
- Meanwhile, it's the best year for non-farm payrolls since 1999! (Calculated Risk)
- But non farm payrolls and other economic measures do not assure stock gains (Wall Street Journal)
- Is this the new secular bull market? Barry makes the case. (Washington Post)
- Remember, stocks almost always rally after the midterms - Yardeni (Dr Ed's Blog)
- Chinese stocks rallying on the "through train" link between Hong Kong and Shanghai, which is now a week away (Bloomberg)
- This linkage will change Chinese stocks forever (MarketWatch)
- Russia and China sign a major new gas deal (Financial Times)
- Great Investors Think in Terms of Probabilities (Pragmatic Capitalism)
- Investors who overweight alternatives are frequently fooled by smoothed volatility measures (ETF.com)
- Merrill Lynch's new plan to regain relevance for the Thundering Herd: Nap time, wheatgrass and on-site gurus. (Reuters)
- If your broker sends you a "happiness" letter, it may a sign that the account is getting churned (Wall Street Journal)
- These are the two EM countries you shouldn't go near with a ten-foot pole (which probably means you should and not watch) (The Economist)
- "Why don't I fight with people on Twitter?" (Quora)
