My morning reading material:
• Hedge Funds Pile Into Stocks After Missing Rally (Businessweek)
• Everything You Need To Know About The Volcker Rule (Better Markets) see also Deutsche Bank No. 1 in Europe as Leverage Hits Valuation (Bloomberg)
• Terence Corcoran: In the market, everyone could be a ‘muppet’ (Financial Post)
• Institutions Tipping the ETF Scale (Forbes) see also Faith in buy-backs (Economist)
• The west has lost in Afghanistan (FT.com)
• A Small-Business Lobby’s Million-Dollar Legal Assault (WSJ)
• Good man: Joseph Saluzzi appointed to CFTC Technology Advisory Committee for Automated and High Frequency Trading (Commodity Futures Trading Commission
• Q&A on health care reform (Harvard Gazette) see also John Roberts May Have Tipped His Hand On ‘Obamacare’ Reasoning (TMP)
• Global Warming Close to Becoming Irreversible (Scientific American)
• Three Classic Fairy Tales Examined Through the Lens of Architecture (Brain Pickings)
What are you reading?
>
Steel Finds Sweet Spot in the Shale
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.
http://jacobinmag.com/blog/2012/03/austerity-in-heavens-corridor/
Russia “is without question our number one geopolitical foe,” Romney said
http://www.telegraph.co.uk/news/worldnews/barackobama/9169275/Dmitry-Medvedev-says-Mitt-Romney-comment-smacks-of-Hollywood.html
How many American troops has Russia killed in the last decade?
Does he want you to believe that? Romney the Muppett-master of the GOP Genuflectors.
Administration’s debt collectors rake in profits on student loan woes
http://www.bloomberg.com/news/2012-03-26/obama-relies-on-debt-collectors-profiting-from-student-loan-woe.html
Forget everything else. Read this:
Eating Chocolate Regularly May Make You Leaner, Survey Suggests
http://www.bloomberg.com/news/2012-03-26/eating-chocolate-regularly-may-make-you-leaner-survey-suggests.html
A Chocolate a Day to Get Slimmer?
http://online.wsj.com/article/SB10001424052702303404704577305611908900258.html
[...] Ritholtz, Khimm Rate this: Share this:StumbleUponDiggRedditLike this:LikeBe the first to like this post. [...]
‘… column pointed out, companies are poor market-timers, using more of their cashflow to buy back shares when the stockmarket was high, not low. As Andrew Lapthorne of Societe Generale points out in a new note….”
Oh… but those company insiders are great market timing tools… right? LOL.
Nobody knows. Nobody knows the future. It is statistically impossible to profitably time the market consistently, period. And when the plurality of people figure this out, high-priced financial advice will be relegated to the Bible Belt, rural communities and trailer parks, where the USS-Ronald-Reagan-cap-wearing shills are currently duped by the GOP Media Machine, evangelical television, and X-ray-vision-glasses purveyors.
A call for new (at least to most people) measures of economic activity:
http://www.worldpolicy.org/journal/spring2012/brave-new-math
Climate change to hit Africa and the Middle East in the next decade.
http://oilprice.com/The-Environment/Global-Warming/Catastrophic-Climate-Change-to-Hit-Africa-and-the-Middle-East-within-a-Decade.html
The gray time bomb.
http://www.theatlantic.com/business/archive/2012/03/gray-nation-the-very-real-economic-dangers-of-an-aging-america/254937/
The Tragedy of the Risk-Perception Commons: Culture Conflict, Rationality Conflict, and Climate Change:
http://papers.ssrn.com/sol3/papers.cfm?abstract_id=1871503
Are the Left and Right Equally Biased?
http://scienceprogressaction.org/intersection/2012/02/left-right-bia/
debt for beginners?
http://whitehouseburning.com/beginners/
maybe some thing for banksters to look into?
http://online.wsj.com/article/SB10001424052702304692804577283603066110944.html?mod=WSJ_Markets_BelowLiveUpdates
6 reasons Why Wall Street Hates Lazy Portfolios
http://www.marketwatch.com/story/everything-you-know-about-investing-is-wrong-2012-03-27?link=MW_popular