What I'm reading this morning:
- Deere earnings are bad and the outlook was even worse (Business Insider)
- As 2017 oil rebounds to $45, U.S. drillers begin to hedge anew (Reuters)
- Investors have gobbled up $5 billion in energy stock secondaries this year (MoneyBeat)
- Norway may have to raid its sovereign wealth fund to offset oil drop this year (Bloomberg)
- We may have just seen a monster false breakdown in crude (All Star Charts)
- At the index level, momentum doesn't predict anything statistically significant about the future (Irrelevant Investor)
- Because there is so much competition in active mutual funds, "investors should not expect to be the beneficiaries of the manager’s skill." (ETF.com)
- Goldman Sachs to Turn Its Hedge Fund Research Into an ETF (Bloomberg)
- Treasurys vs Gold as a permanent portfolio hedge (The Reformed Broker)
- Bear Markets Don’t Predict Recessions, But Liquidity Might (Bloomberg View)
- How Twitter is fighting the terrorist propaganda war - and winning (The Atlantic)
- Don't laugh - here's how Bloomberg could actually win the general election (New York Magazine)
