My morning reading material:

• New Suits Over Do-It-Yourself IRAs (WSJ)
• Four trends in central bank-land (FT Alphaville)
• Housing Data Disappoint … Again (Businessweek)
Wolf: Why the eurozone may yet survive (FT)
• A Backstop for Muni Bonds (WSJ)
• Derivatives Lobby Has U.S. Regulators on the Run (Bloomberg) see also $8 Billion Swaps Rule Is Being Set (WSJ)
• Modelling Extremes (Dave Giles’ Blog)
• Physical media is dead — long live the app (Gigaom)
• Apple’s Still-Tempting Valuation (WSJ) see also Apple’s iOS devices: Selling ‘em as fast as it can make ‘em (Fortune)
• The story behind “Tossed Salad and Scrambled Eggs” (Ken Levine)

What are you reading?

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Housing Data Disappoint … Again


Source: Businessweek

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.

10 Responses to “10 Mid-Week AM Reads”

  1. NoKidding says:

    Infographic: Is 7 percent error really “wildly off”?

    As usual, the infographic guys are OK right up until they try to add words.

  2. VennData says:

    Hobbit pub in Southampton threatened with legal action

    http://www.bbc.co.uk/news/uk-england-hampshire-17350103

    How wonderful, glamourous, and exciting Hollywood is, how proud they must be to tell the stories of the people.

    Saul Zaentz owns the Hobbitt. It’s his. And this pub is ruining it for him.

  3. willid3 says:

    health care costs are a much bigger ‘tax’ on business than any other tax. and its growing much faster than any thing else. its why more and more business don’t offer it as a benefit, and those that do are more and more often dropping. and have been for a decade now. those that keep it (so far) are sharing more and more the cost with their employees. you begin to wonder why they don’t just hand it over to the government since they really have no control over the cost of it. the insurance industry stopped caring about it (since they could pass on the cost to others, or cancel your policy if you have an individual policy), and providers don’t care at all (since thats how they make their money. and they have figured out that what was called defensive medicine, is now a profit center). and us poor patients have no way to make an informed choice (we don’t have much if any cost information. and almost 0 information on how well any proposed solution will work out. after how many of us know well the heart surgery will work out that our doctor’s told us to do?

    http://baselinescenario.com/2012/04/18/margaret-atwood-and-tax-reform/#more-10089

  4. Jojo says:

    FINS Technology
    Apr 17 2012
    ‘Pink Noise’ Grows as Offices Go Open Plan

    It sure sounded like a good idea.

    When Tuft and Lach Law, a small law practice in St. Paul, Minn. opted for open, shared office space, they didn’t expect to hate it. After all, numerous academic studies have shown that workers are more productive in open offices and, in the trendsetting tech industry, open plans are standard.

    For the law firm, it didn’t work out that way. “We had a receptionist and secretary sharing a workstation,” said Thomas Tuft. “The one with the biggest voice could be heard on the other’s phone calls and in attorney offices by clients on the phone with the attorneys.” If two people had to take a call simultaneously, they were forced to whisper.

    So Tuft and Lach reverted. Despite the expense, they built individual offices for each of the company’s employees, excluding the receptionist. Now, said Tuft, “everyone is more productive and can close the door and focus when they need to. Employees who have their own office feel like they can make it their own and do things to make it their space, and they are more comfortable.”

    Tuft and Lach’s decision to revert to a traditional workspace is just one example of the buyer’s remorse companies are experiencing after installing open-plan seating. Promises of more efficient, productive and collaborative teams of workers aren’t always delivered on, leaving many companies grappling with the pitfalls that come with new, nontraditional office designs.

    http://it-jobs.fins.com/Articles/SBB0001424052702304432704577350293315475990/Pink-Noise-Grows-as-Offices-Go-Open-Plan

  5. Moe says:

    Hi JoJo,

    As a former office planner: In all of my 15 years in the occupation, I’ve never heard of a legal firm opting for an open-plan approach – for so many reaons; not least of whnich is most conversations are privelged and EXTREMELy private.

    Have a good one!

  6. thomas hudson says:

    bp oil spill 2 years old this week:

    http://www.nytimes.com/2012/04/18/opinion/the-big-spill-two-years-later.html?_r=1&ref=opinion

    they are still paying out damages, on top of walking away from all the oil that is still down there in that field (which they could have used to pay roughly $3-4 billion of those damages).

  7. rktbrkr says:

    Among those colored not surprised is Barry Ritholtz, whose “Debunking the Housing Recovery” series has done just that, fairly thoroughly. Ritholtz’s continued housing bearishness can be summed up thusly: There are still too many unsold homes on the market, they’re still too expensive for first-time buyers, there are still lots more foreclosures coming down the pike, and renting is too good an option for too many people, compared with owning.

    I think BR and many of his erudite readers here anticipated this early on.The winter without winter probably created some retail distortions too.