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21 July 2014

Linkfest: Subprime comeback; Hedge funds attract record assets amid poor returns; Russian elites fear Ukraine fallout

By Druce Vertes, CFA

Today’s most shared: Lending money to people who can’t afford to repay is still profitable for some. Hedge funds gather record assets, deliver puny returns in 2014. Russian oligarchs fear financial fallout if West-integrated economy turns into a pariah, but … Read more

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18 July 2014

Linkfest: SEC investigates HFT firms; Fed’s job market dashboard; Bull market corrections and geopolitical risk

By Druce Vertes, CFA

Today’s most shared: SEC targets HFT firms, House committee staff member. The Fed’s new labor market index, a key policy indicator per comments from Yellen and other central bankers. Bull market corrections; geopolitical risk. Many still think Greece will need … Read more

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17 July 2014

Linkfest: Inflation truthers; Fisher: Regs insufficient for stability if Fed blows bubbles; Is Blackrock a SIFI?

By Druce Vertes, CFA

Today’s most shared: The strange world of ‘inflation truthers.’ Confirmation bias and cognitive dissonance can trap the best of us despite efforts to be open to contrary evidence. It’s wise to be wary of those who are wedded to a … Read more

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16 July 2014

Linkfest: A Federal ‘Firing Squad On Capitalism?’ Murdoch targets Time Warner; Obama targets ‘inversion’ mergers

By Druce Vertes, CFA

Today’s most shared: SEC commissioner calls Financial Stability Oversight Council (FSOC) a ‘Firing Squad On Capitalism,’ and power grab against the SEC and Wall Street. HFT speed racers snap up microwave towers to gain milliseconds on rivals, or prevent them … Read more

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15 July 2014

Linkfest: Yellen notes some valuations ‘substantially stretched;’ Pimco turmoil; Santelli still loud, wrong

By Druce Vertes, CFA

Today’s most shared: Yellen reports to Congress, notes ‘substantially stretched’ valuations of some stocks. Apparently she’s not a buyer of stock in ‘Yo.’ Pimco turmoil stories continue. Original tea party viral ranter Santelli louder than ever after 5-years of money-losing … Read more

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14 July 2014

Linkfest: Yellen at the helm; How China capital flight fuels NYC real estate; Risky reach for yield

By Druce Vertes, CFA

Today’s most shared: Janet Yellen: The new hand on the lever. How Chinese money finds its way into overseas real estate and other assets. BIS flags dangers of reaching for yield. Epic penny stock CYNK: Pump-and-dump? or engineered short squeeze? … Read more

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11 July 2014

Linkfest: Retail stores dying a slow death? Buffett, Gates, Adelson pitch immigration reform; Does GDP miss huge tech gains?

By Druce Vertes, CFA

Today’s most shared: Brick-and-mortar stores have more than a weather problem. Death of the mall? On the other hand, hotels are on track for best year since 2000. Adelson, Buffett, Gates favor immigration reform, decry political gridlock. Epic possible ‘pump-and-dump’ … Read more

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10 July 2014

Linkfest: Summer correction? Fed offers QE exit roadmap; Inside Goldman’s “Big Short”

By Druce Vertes, CFA

Today’s most shared: Credit fears trigger market drop…long-awaited correction at hand? Taper turns to exit: Fed asset purchases to end in October. Fed’s Bullard says inflation will overshoot target… so is it a target or a ceiling? Light shed on … Read more

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9 July 2014

Linkfest: Low volatility — good times, or complacency? US approaches full employment; Historic defeat’s impact on Brazil

By Druce Vertes, CFA

Today’s most shared: Low volatility a sign of good times, or complacency? US economy approaching full employment, not fast enough for some. Workers born in 1988 likely to find prospects permanently impaired… no wonder cohorts may share political views. Even … Read more

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8 July 2014

Linkfest: Is there a bubble in everything? Fears of a bond fund run; US turns to German banks for cashectomy;

By Druce Vertes, CFA

Today’s most shared: Is everything in a bubble? Are low interest rates a sustainable ‘new normal’? What does it mean if the interest rate structure for a low-inflation economy results in asset prices that are very high by historical standards? … Read more

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All posts are the opinion of the author. As such, it should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute or the author’s employer.

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