Stock Markets, Bond Markets and Private Equity

(Bloomberg Opinion) -- My morning train reads:

• If the Stock Market Has a Problem, His Job Is to Fix It (Bloomberg)
• Bondholders think the Fed is about to make a mistake on rates, but history shows the bond market is prone to error (Wall Street Journal)
• Stock Prices Have Plummeted. That Doesn’t Make Them Good Buys (Fortunebut see Peter Lynch Stock ‘PEG’ Hit Crisis-Level Low in Rout (Bloomberg)
• 2017 vs. 2018 in the Stock Market (A Wealth Of Common Sense)
• Want to Divorce Your Private Equity Manager? Good Luck. (Institutional Investor)
• A Nobel Prize-winning psychologist says most people don’t really want to be happy (Quartz)
• Apple’s Precarious and Pivotal 2019: Guidance wasn’t just about China (500ish Wordssee also Five Ways to Look at Apple’s Surprise Bad News (The Atlantic)
• Books are good for your brain. These techniques will help you read more. (Popular Science)
• A timeline of the Mueller probe’s biggest developments (The Hill)
• Your Bitcoins Are Hidden in the Painting (Bloomberg Businessweek)

Be sure to check out our Masters in Business interview this weekend with Jason Schwarz president of Wilshire Funds Management and Wilshire Analytics. The firm, founded in 1972, was a pioneer in the field of quantitative investment analysis, and manages more than $195 billion for more than 600 institutional investors. 

Who you Gonna Trust?

Stock Markets, Bond Markets and Private Equity

This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.

Barry Ritholtz is a Bloomberg Opinion columnist. He founded Ritholtz Wealth Management and was chief executive and director of equity research at FusionIQ, a quantitative research firm. He is the author of “Bailout Nation.”

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