My latest story for Financial Advisor is hot off the press. The focus is factor indexing, which is getting easier. The question, of course, is whether easier means better when it comes to juicing risk-adjusted returns, particularly in a multi-asset class framework. For some perspective, you can read the digital version of the article here.

There’s enough upward momentum in today’s ADP Employment Report for February to encourage the belief that the labor market is healing. But true to form these days, there’s still not enough juice in the numbers to slay worries that job growth will be anything other than modest for the foreseeable future.

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Reuters blogger Felix Salmon grumbles that the market’s driving him batty, and so he urges us to ignore it, if only for sanity’s sake. “The one thing I’ve learned over the past three years is that the market just isn’t a sensible or rational place,” he writes.

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