All major asset classes advanced in September.  (Capital Spectator)

BRIC market performance YTD.  (Bespoke)

Deutsche Bank is changing the composition of its popular commodity ETFs (DBC, DBA).  (IndexUniverse also Morningstar, The Stash)

Tracking the (downward) drift in the United Stated Oil Fund (USO) relative to crude oil prices.  (Trader’s Narrative)

“A good rule of thumb in debt is whatever sector did worst in the last recession, will perform above average in the next.”  (Falkenblog)

“Frustration…leads traders to compound their errors by sticking to wrong opinions and overtrading markets that offer little opportunity.”  (TraderFeed)

Novice traders should think twice before venturing into options trading.  (VIX and More)

“Shares with a “KKR” ticker symbol begin trading Friday, bringing an end to the iconic private-equity firm’s relentless two-year quest for a public listing.”  (WSJ also 24/7 Wall St.)

High frequency traders are competing on cable length, and no that is not a euphemism for something else.  (Marginal Revolution, Clusterstock)

Naked shorting back in the news.  (Megan McArdle, Clusterstock, Matt Taibbi)

Is the point of most financial innovation to obfuscate risk?  (Felix Salmon also EconLog)

What would a Goldman Sachs (GS)-Wachovia tie-up have looked like?  (Vanity Fair also FT Alphaville)

Andrew Ross Sorkin on just how crucial the Mitsubishi investment was for Morgan Stanley (MS) and Wall Street in general.  (Vanity Fair)

Ken Lewis is out.  Who would want to be CEO of Bank of America (BAC)?  (WashingtonPost, WSJ, DailyFinance)

Jim Chanos [noted short-seller] for SEC Chair!  (Jeff Matthews)

“In other words, models succeed because they meet the needs of real human beings, and VaR was just what they needed during the boom.”  (Baseline Scenario)

How worried should we be about bank balance sheets?  (Clusterstock)

Is the personal savings boom already over?  (Infectious Greed)

One estimate of what massive fiscal deficits imply for the economy.  (The Stash)

The state tax revenue shortfall is unprecedented.  (Real Time Economics)

Apparently not enough free drinks…The restaurant business is still contracting.  (Calculated Risk)

Why Google (GOOG) loses to Baidu (BIDU) in China.  In short the government has Baidu’s “back.”  (Foreign Policy)

AOL has got some serious problems to contend with as a spun off company.  (Silicon Alley Insider)

Who is reading the Zero Hedge blog?  (Felix Salmon, ibid, Zero Hedge)

More on the relationship between poker and investing.  (Wall St. Cheat Sheet)

Mankind’s oldest ancestor found.  (NYTimes, New Scientist)

A bull market in zombies.  (Minyanville)

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