Sunday links: EMH breakdown

07Jun09

Can we still count on stocks for the long run?  (Time)

How big a role did the ‘efficient markets hypothesis‘ play in how we got to into this economic mess?  (NYTimes)

Amidst a junk-stock rally, is there still any value out there?  (WSJ)

Don’t forget that the 200 day moving average is still pointed down.  (StockCharts)

The market rally has pushed “dumb money” sentiment to enthusiastic levels.  (Technical Take, Trader’s Narrative)

Is the high yield market no longer “distressed”?  (MarketBeat)

Three steps to “save” the mutual fund model.  (Morningstar)

Too much is made of the birth/death model.  (Clusterstock)

The decline in housing is not yet over.  (NYTimes, Clusterstock)

It is hard to describe the economic recovery as “robust.”  (Econbrowser)

What was the economy doing when the yield curve was this steep?  (Aleph Blog)

Personal bankruptcies are spiking.  (Calculated Risk)

The many ways the business press let us down.  (Big Picture)

Are CEOs rewarded for luck?  (Rortybomb)

The private equity industry is awash in capital, but the risk of prior mega-LBOs looms.  (The Deal also Deal Journal)

Ten books to help you understand the economic crisis.  (Big Picture)

“In fact, never has an American union [the UAW] done so well at the expense of shareholders and creditors.”  (Barron’s)

“..I think the Pre stands a much stronger chance of stealing customers away from RIM than from Apple.”  (Daring Fireball also Silicon Alley Insider)

A map of the continuing shift of the center of US population westward.  (strange maps)

Curious what other bloggers are saying about Abnormal Returns? So are we. Feel free to check out a compilation of reviews.

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