Back from Europe, here are my morning USA reading:
• Ten Reasons I Like Stocks for the Second Half (The Reformed Broker) see also Should you sell a dull market short? (Market Watch)
• Threaten a man’s masculinity and he becomes a short-sighted risk taker (Research Digest)
• A Gold Rush in the Abyss (NYT) see also Propping up the gold price (FT.com)
• Wall Streeters Lose $2 Billion In 401(K) Bet On Own Firms (Bloomberg)
• How economists get tripped up by statistics (Reuters)
• Consumer Bureau Proposes New Mortgage Disclosure Rules (DealBook)
• Libor Scheme May Have Cost Muni Issuers Millions (Bond Buyer) see also US Senate panel plans HSBC money laundering hearing (Reuters)
• Greeks Hide Tens of Billions From Tax Man (WSJ)
• The 11 Ways That Consumers Are Hopeless at Math (The Atlantic)
• Ralph Nader: The Serial Ineptitude of the Democrats (Counter Punch)
What are you reading?
After a Jobs Jab, Bracing for Another Jolt
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.