Some reads to end the 3 day weekend:

• Apocalypse How? Dire 2012 Forecasts (Bloomberg)
• How to Profit From Analysts’ Stock Recommendations (WSJ)
• How’s That Austerity Working? (Tim Duy’s Fed Watch) see also Why Greece Doesn’t Tell the Germans to Piss Off (MoJo)
• Barron’s Roundtable 2012 (Barron’s)
• Bonds: The Rally That Wouldn’t Die! (WSJ)
• French Borrowing Costs Drop as Investors Shrug Off S&P Credit Downgrade (Bloomberg) see also UK ‘already back in recession’, warn forecasters (Guardian)
• Apple Is Said to Ready iPad 3 With Sharper Screen, LTE Access (Bloomberg)
• The Bain Bomb: A User’s Guide (New Yorker)
• 35 MacGyver Tips, Clever Uses, and Other Life Hacks in One Infographic (LifeHacker)
• Uh-oh, PC: Half of computing device sales are mobile (GigaOm)

What are you reading?


Category: Financial Press

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3 Responses to “10 Monday PM Reads”

  1. gkm says:

    Lol. That WSJ piece on bonds is hilarious and reminds me of the old ‘you have to keep dancing til the music stops’.

  2. Jojo says:

    Robert Reich
    Free Enterprise on Trial
    Monday, January 16, 2012

    Mitt Romney is casting the 2012 campaign as “free enterprise on trial” – defining free enterprise as achieving success through “hard work and risking-taking.” Tea-Party favorite Senator Jim DeMint of South Carolina says he’s supporting Romney because “we really need someone who understands how risk, taking risk … is the way we create jobs, create choices, expand freedom.” Chamber of Commerce President Tom Donahue, defending Romney, explains “this economy is about risk. If you don’t take risk, you can’t have success.”

    Wait a minute. Who do they think are bearing the risks? Their blather about free enterprise risk-taking has it upside down. The higher you go in the economy, the easier it is to make money without taking any personal financial risk at all. The lower you go, the bigger the risks.

    Wall Street has become the center of risk-less free enterprise. Bankers risk other peoples’ money. If deals turn bad, they collect their fees in any event. The entire hedge-fund industry is designed to hedge bets so big investors can make money whether the price of assets they bet on rises or falls. And if the worst happens, the biggest bankers and investors now know they’ll be bailed out by taxpayers because they’re too big to fail.

    But the worst examples of risk-less free enterprise are the CEOs who rake in millions after they screw up royally.

  3. Mike in Nola says:

    Most valuable brand rankings at odds with those of prominent financial blogger :)