Good to be back at my desk. Here are the items that caught my eye this morning:

• S&P 500 Fails Second Time to Stay Above 200-Day Average After Jumping 20% (Bloomberg) see also Fear of Contagion Rocks Markets (NYT)
• Economy, lack of engineers could hinder U.S. innovation (USA Today)
• Hard evidence: Bailed out banks take more risk (Credit Writedowns)
• China’s elite have new international outlook (FT.com)
• MERS Update: Multidistrict litigation decision (Calculated Risk)
• MF Global’s Customer Assets STOLEN – Is Anything You Hold In This System Safe? (Jesse’s Cafe)
• Solar Glut to Worsen After Prices Plunge 93% on Rising Supply (Bloomberg) see also Solar is getting cheaper, but how far can it go? (Washington Post)
Michael Lewis: The King of Human Error (Vanity Fair)
• Good news, and bad, from insiders (Market Watch)
• Where to find new scholarly research papers: 30 key, free websites (Roddy Macleodsee also Google’s Chief Works to Trim a Bloated Ship (NYT)

What are you reading?

>

French Fried Pizza anyone?

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.

14 Responses to “10 Thursday AM Reads”

  1. VennData says:

    Question: Would you be willing to have your Federal taxes increased by 10-20% to get a $4T deficit reduction deal if the $1M-plus earners have their taxes cut by 20% like the GOP proposal?

    http://politicalticker.blogs.cnn.com/2011/11/09/durbin-gop-proposal-on-tax-increases-could-be-breakthrough/

  2. Gatsby says:

    Does anyone have a link to the Reuters widget pictured above?

  3. blr says:

    Interesting twist on Inflation Valuation – Bruce Meyer on the Middle Class, Poverty, and Inequality
    http://www.econtalk.org/archives/2011/10/bruce_meyer_on.html

  4. nofoulsontheplayground says:

    Charles Hugh Smith – “Some Things You Should Know About China”

    http://www.oftwominds.com/blognov11/things-about-china11-11.html

    It’s a bit of a rant, but I can tell you from having spent over two years in China doing business that his observations are spot-on.

    TheStockChartist – “Lunar Cycles Once Again”

    http://stockchartist.blogspot.com/search/label/Lunar%20Cycle

    A lunar cycle which has been pretty reliable over the past 2-years has a bearish phase that ends today. The returns from this cycle are quite impressive according to the data and charts provided.

  5. pc says:

    US port traffic is down

    …U.S. ports in September… down 0.6 percent from September 2010…

    October was estimated… down 2.3 percent from a year ago, while November is forecast at 1.21 million TEU, down 1.9 percent from last year, and December is forecast at 1.11 million TEU, down 3.3 percent. After the holidays, January 2012 is forecast at 1.1 million TEU, down 8.7 percent from January 2011; February, traditionally the slowest month of the year, should have only at 996,816 TEU, down 9.4 percent, and March is expected to see 1.08 million TEU, down 0.6 percent.

    http://www.hfbusiness.com/article/container-traffic-decline-in-nov-holiday-shipping-winds-down/1#

  6. VennData says:

    Where to find new scholarly research papers:

    Who cares? There are three things I know: Uh…. er…. a… a…

    One, I know in my gut what I need to know

    Two, I know it’s right.

    and uh… and uh…. uh… Oh yeah, Simple Solutions are the best.

  7. streeteye says:

    Mark Pincus to Zynga employees: I am altering our deal. Pray I don’t alter it any further.
    http://news.cnet.com/8301-13506_3-57322150-17/zynga-to-employees-give-back-our-stock-or-youll-be-fired/

    Batali makes some comments about bankers, Bloomberg subscribers take it out on Del Posto:
    http://dealbreaker.com/2011/11/bloomberg-users-would-prefer-to-dine-on-cheesesteaks-dog-hair-than-set-foot-in-a-batali-restaurant/

  8. Jojo says:

    Robot workers take over warehouses
    By Jennifer Alsever
    November 9, 2011

    http://money.cnn.com/2011/11/09/smallbusiness/kiva_robots/

  9. DeDude says:

    One additional point about solar energy that Krugman touched on (citing Joe Romm) is that you don’t need to get to “grid parity”. It is end user parity that counts. People can install a couple of panels on their roof and if they pay for themselves in 10 years that may be a very attractive investment. If we get affordable energy storage technology that can be installed in the home, then substantial numbers of consumers may be able to get off the grid and off fossil fuel.

    http://krugman.blogs.nytimes.com/2011/11/07/joe-romm-on-solar/

  10. willid3 says:

    not really convinced we have a lack of engineering students or engineers. after all, its a supply and demand thing. students haven’t seen much if any demand for engineers (of all stripes) in the US for some time now.

  11. willid3 says:

    Europe’s week sisters. aren’t big welfare states.
    biggest are Germany and Sweden
    http://krugman.blogs.nytimes.com/2011/11/10/its-not-about-welfare-states/

  12. formerlawyer says:

    Inexact survey questions leads to a mea culpa for a libertarian economist?

    http://www.theatlantic.com/magazine/archive/2011/12/i-was-wrong-and-so-are-you/8713/

    Alabama has jobs but Americans can’t or won’t do them – the expected consequences of Alabama’s undocumented immigrant laws?

    http://www.businessweek.com/printer/magazine/why-americans-wont-do-dirty-jobs-11092011.html