My afternoon train reading:

• The Norway Model (Social Science Research Network)
• Toronto Condo Bubble Risk Topping New York (Bloomberg) see also Multifamily Units to Lead U.S. Construction Gains (Bloomberg)
• What is Stephen Roach Smoking? (Trivisionno)
• OECD flags signs of broader upturn in economic outlook (Reuters)
• 14 Ways an Economist Says I Love You (Fosslien)
• Google planning massive “Experience Center” and secret test labs at Googleplex (Venture Beat)
• Why Apple will pay a dividend (Fortune)
• The Dilemma of Cheap Electronics (NYT) see also Sony Seen Restored Using Chips in Market Fighting Disease (Bloomberg)
• 15 Years On, President Clinton’s 5 Principles for Internet Policy Remain the Perfect Paradigm (Forbes)
• Your Phone Loses Value Pretty Fast (Unless It’s an iPhone) (PricEconomics) see also A Bigoted, Racist, Search Engine Powers Android’s VR  (Gizmodo)

What are you reading?

Europe’s Stock-Market Rally Risks Sputtering

Source: WSJ

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.

7 Responses to “10 Monday PM Reads”

  1. streeteye says:

    Volcker’s comments on Volcker rule -

    Why gold bugs are jerks -

    There’s something to that, basically when you’re betting on gold you’re betting against the wisdom of men (central bankers mostly) to do better.

    But it’s not an either/or between gold and everything else. Buffett said about backing startups through venture capital that he views it like space travel, he applauds the endeavor but chooses to skip the ride. The same can be said about giving up a small part of an equity allocation in favor of gold, which has often been a good hedge and absorber of some kinds of shocks.

  2. Jack Damn says:

    - Are century old indicators just too obvious to work any more?

    We are at a decision point. I think we all know that. The $INDU, $SPX, $COMPQ, are all testing highs. They all have negative divergences on the MACD on Weekly charts. The dow theory above indicates the transports need to push back up and break the highs of 2011. The move higher is critical here and the industrial metals must start moving immediately. It may take a week or two, but it would be remarkable if they could confirm news highs before March. After a while it is just too far apart.

    - Ten Years After Decriminalization, Drug Abuse Down by Half in Portugal

    Drug warriors often contend that drug use would skyrocket if we were to legalize or decriminalize drugs in the United States. Fortunately, we have a real-world example of the actual effects of ending the violent, expensive War on Drugs and replacing it with a system of treatment for problem users and addicts.

    - [video] Abraham Lincoln Vampire Hunter – Official Trailer (HD)
    - [YouTube]

    Honest Abe faces down the vampire apocalypse in the gritty, absurd new movie trailer

  3. constantnormal says:

    ummm … the folks making these guesstimates, lemme guess, they’re “economists”, right?

  4. reedsch says:

    From the Smart Money article on Romney’s tax planning: ” Here are some lessons the experts have gleaned: A) Avoid salary, wages and tips to the extent possible.”

    Capital gains tax rates were lowered to encourage business investment, right? So how’s that working out for the US economy?

    I’m inspired by Mr. Romney, actually. I plan to tell my boss that my efforts on behalf of his company are really an investment on my part, and my compensation can more accurately be classified as carried interest. Wish me luck!

  5. Sechel says:

    The must read or watch is regarding MF Global Francine McKenna has done a fantastic job on the conflicts. She was on Max Keiser. The interview starts at 13:00, She’s also a contributing columnist to Forbes and has a site Re: The auditors

  6. howardoark says:

    I haven’t looked forward to a movie this much since the first Lord of the Rings

    It seems that the Nazi’s invented anti-gravity toward the beginning of 1945, too late to win the war, but early enough to get to the moon. They’ve been biding their time ever since and now it’s payback time. The only thing standing in their way is President Palin and a coalition of the willing.

    It was apparently made in Finland (in English) for less than $10 million. The art direction looks fantastic.

  7. mathman says:

    “A small taste of what’s coming
    If you thought nothing could possibly surprise you about the plight of the world in 2012, try this for size. I found the following snippet on Russia Today’s website (

    Greek police want EU and IMF officials behind bars
    ­Greece’s largest police union has threatened to issue a symbolic warrant for the arrest of key EU and IMF officials. The union accuses the two international organizations, which have imposed tough measures as a condition for financial aid, of “blackmail and covertly abolishing or eroding democracy and national sovereignty.” On the verge of bankruptcy, Greece has had to implement a series of radical austerity measures, the latest of which is a 22 per cent cut in the minimum wage. The warrant is unlikely to have legal power, but the police say it is a show of solidarity with anti-European protesters, whom the police have often clashed with during frequent mass demonstrations in Athens.

    Seeing as the US and UK police have been operating more as a private protection force for the super-rich, as opposed to protecting the rights of all citizens, this may foretell the future for countries beyond Greece.

    I’m just waiting for our dear governments to start cutting police pay as well as their jobs. Then we’ll see what happens.”