We’ve reached Friday. You may now rejoice!

  • Adaptive Genius of Rigged Markets (Salient Partners)
  • As the Fed Tapers Its Treasury Purchases, Other Central Banks Step In (Institutional Investor)
  • Hedge funds, fortunes and merit (FT Alphaville)
  • Documents Contradict Blackstone CEO’s Boasts About High-Fee Alternative Investments (Pando Daily) see also Docs Obtained By Bando Show How a Wall Street Giant Is Guaranteed Huge Fees From Taxpayers on Risky Pension Investments (Pando Daily)
  • What Baby Boomers’ Retirement Means For the U.S. Economy (FiveThirtyEight)
  • The Story of the American Recovery in 15 Charts (Washington Post)
  • Why America’s About to Run Out of Money For Roads (Again) (Vox)
  • The Failure of the Fat Free Revolution (Priceonomics)
  • The Secret History of Life-Hacking (Pacific Standard)
  • Hello, Suckers: The Most Mysterious Creature in the Sea (Weekly Standard)

Where’s the party?

Market Cap Declines: Percent Versus Dollar Value

Source: Bespoke Investment Group
Source: Bespoke Investment Group

To contact the author of this article: Barry Ritholtz at britholtz3@bloomberg.net.

To contact the editor responsible for this article: Alex Bruns at abruns@bloomberg.net.