These were the most read posts on the site this week, in case you missed it:
Joshua M Brown
Home Country Bias: The Canadian Response
“As a Canadian investor I am constantly scolded…”
Citi Economic Surprise Index Breaks Out, Stocks Follow
Here’s LPL Research’s Burt White and Jeffrey Buchbinder with an important breakout not many people are discussing – US economic data is now surprising to the upside, after a year and a half of negatively-skewed reports… The Citigroup Economic Surprise Index, or CESI, tracks how economic data are faring relative to expectations. The index rises when economic…
Vanguard Gives “Hot Money” the Heisman
Vanguard is implementing measures to control asset growth…
Chart o’ the Day: Low Rates are Killing Mutual Fund Performance
Earlier this morning, we looked at the most recent SPIVA data on five years’ worth of mutual fund performance. It wasn’t pretty. In a new research note, Deutsche Bank looks at what it calls The Great Divide. It’s a musing on the idea that mutual fund flows are being driven almost entirely by Fed policy –…
Do Institutional Managers Outperform Mutual Funds?
Institutional managers have lower fees, does it help performance?
Michael Bloomberg’s Call to Independents
Video
Anything can happen
“It’s real. Oh my god…”
Home Country Bias: The Worst Offenders
As you can see, we’re guilty but not nearly as much as everyone else is. Australians in particular are outrageous 🙂
Chart o’ the Day: Restaurants are Predicting a Recession
Chart