
What I'm reading this morning:
- The S&P 500 may bounce, but it's still in a downtrend (Dragonfly Capital)
- The bear market that began for most stocks last year is catching the averages in its maw (LA Times)
- Don't fall out of your chair - China's intervening in its stock market sell-off (Bloomberg)
- JP Morgan: The best time to buy junk bonds since 2009 (Institutional Investor)
- Allan Roth: 2 Market Myths In 2015 To Learn From This Year (ETF.com)
- Twas a painful year for contrarian trades (A Wealth Of Common Sense)
- Pushing companies to deliver immediate results doesn't create value - it just breeds reckless short-termism (Telegraph)
- The guys who sell their big ideas to famous hedge fund managers, who then add a surcharge to their end investors (Wall Street Journal)
- Another successful hedge fund admits the game has changed, returns all funds (Bloomberg)
- Hedge Fund Flows Collapse in 2015 (CIO)
- Andrew Ross Sorkin: pay attention, because it’s the latest conflict-ridden practice on Wall Street. (DealBook)
- Byron Wein's 10 surprises for 2016 - just for fun, relax (Blackstone)
- Founder of Institutional Investor magazine passes away on New Years Day at 75 (Institutional Investor)
- Don't miss my newest article for Fortune: Does the M&A boom threaten your portfolio? (Fortune)