Its funny how these things run: there are days when the NYT puts me to sleep, and there are other days when I cannot get enough.
Today was the latter: The NYT’s biz section is an embarassment of riches:
• The above the fold Biz section cover story — Some New Math on Homes by DAMON DARLIN — has that uh-oh quality about it: New math rationalizes away fast rising prices (sounds vaguely familiar);
• Joe Nocera takes 60 Minutes to task in Selling Short the Virtues of Short Sellers;
• CONRAD De AENLLE defends Technical Analysis and technicians as "providing a reality check to conventional thinking;"
• Jeff Leeds on how the Music Industry Posted Their Sixth Year of Decline (What a surprise!);
• The terrific FLOYD NORRIS observes that China and U.S. are the World’s Growth Engines (but their Markets are Laggards);
All very much worth reading . . .
Category: Financial Press
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.