The bridge scandal was the best possible thing that could’ve happened to Chris Christie right now. Because it’s soooooo far away from the 2016 election that no one will care. Had it come out closer to the primaries, different story. This gives him time to button up for the big race, it’s the shock that…

Martin Luther King Jr. conveyed some incredibly moving ideas and left us with a few extraordinary quotations during the course of his life and career.

I spoke with a portfolio manager from State Street who runs some money for us this past week and the subject of inflation came up. His comment was that he and his team do, in fact, see evidence of inflation everywhere – just not in most of the things that go into CPI (which benefits…

The idea of owning gold miners last year had become laughable by the time the final bell had rung. The sector was down more than 50% versus the S&P 500’s total return of 30%. This disparity in performance was incredibly extreme, it’s highly irregular to see any one industry group within the stock market behave…

The folks at my industry’s trade publication, RIA Biz, made a list of the ten most important blogs for the industry. I want to thank Lisa Shidler for including me alongside my friends Michael Kitces (a very deserving number one at Nerd’s Eye View) and Tadas Viskanta (whose Abnormal Returns is not exactly an industry…

Here were the most read posts on TRB this week, in case you missed them: Technical and Fundamental Arguments Against the Secular Bull Thesis  “New All-Time Highs” Letter to a Young Investor Why Stocks are a “Harder Call” Now The great stock valuation debate: Blodget vs. Brown (Yahoo Finance) cartoon source The New Yorker

Your morning financial links, expertly curated.

One of my favorite investors and market commentators, Oaktree’s Howard Marks, tackles one of the most fascinating subjects in our profession – the role of luck – in his newest memo. Marks has been using these memos for years to communicate with clients and work out what he really thinks (kind of how I try…

My friends Bob Peck and Leigh Drogen are holding a conference call tomorrow at 11am ET to go over the outlook for internet stocks ahead of their earnings reports, which begin to roll in next week. For traders and investors who are involved in these names or interested in the space, these two guys know…