Archive for June, 2009

• Do correlations matter when the world is on fire?
  abnormalreturns, June 30th, 2009 at 3:45 pm, Comments: 0

  The econoblogosphere was set abuzz by an article by Eric Martin and Michael Tsang at Bloomberg.com that documents the high correlations of late between risky [...]

• Tuesday links: a lack of true diversity
  abnormalreturns, June 30th, 2009 at 1:31 pm, Comments: 0

  The Achilles heel of the endowment investing model:  a “lack of true diversity.”  (WSJ, ibid) Does the “golden cross” in the S&P 500 provide any [...]

• Monday links: a hot start
  abnormalreturns, June 29th, 2009 at 12:07 pm, Comments: 0

  Hedge funds are on track for their best start to the year since 1999.  (WSJ also BusinessWeek) Has the high yield rally run its course?   [...]

• Sunday links: savings surge
  abnormalreturns, June 28th, 2009 at 8:33 pm, Comments: 0

  Are university endowments set to return to traditional asset classes now that they are facing illiquidity woes?  (Barron’s) How the rising number of dark pools [...]

• Friday links: plain vanilla finance
  abnormalreturns, June 26th, 2009 at 8:42 am, Comments: 0

  Today’s edition of the linkfest is an early affair.  In the meantime feel free to check out the rest of the StockTwits Network. A longer [...]

• Thursday links: nomination devaluation
  abnormalreturns, June 25th, 2009 at 11:25 am, Comments: 0

  3x leveraged S&P 500 ETFs are coming.  (IndexUniverse, VIX and More, Clusterstock) Country P/E ratios.  (Bespoke) “The multi-billion dollar IPO is back – at least [...]

• Wednesday links: broken futures
  abnormalreturns, June 24th, 2009 at 1:07 pm, Comments: 0

  Who broke the wheat futures market?  Commodity indices.  (Felix Salmon) Tracking the natural gas/crude oil ratio for trades.  (Caveman Forecaster, FT Alphaville) Is the bloom [...]

• Tuesday links: mistakes traders make
  abnormalreturns, June 23rd, 2009 at 11:14 am, Comments: 0

  “Two of the main arguments against stocks right now are that the market has gone too far too fast, and insiders are selling.  When you [...]

• What ETFs are in your toolbox?
  abnormalreturns, June 22nd, 2009 at 3:13 pm, Comments: 0

  The long-simmering debate over the utility of ETFs broke out into the open over the past couple weeks.  There were two distinct criticisms of the [...]

• Monday links: performance divergence
  abnormalreturns, June 22nd, 2009 at 1:14 pm, Comments: 0

  Active, long-only equity management is on the outs with institutional investors.  (WSJ) Three summer market scenarios from Doug Kass.  (TheStreet) “Given the big recent stock [...]