My afternoon train reading

Intro to Markets: Late Day Sell-Offs (The Reformed Broker)
Ray Dalio: Southern Europe Is About to Enter a ‘Lost Decade’ (WSJ)
• Fed Seen Starting QE3 While Extending Rate Pledge to 2015 (Bloomberg)
• Evolution, Revolutions, and Obligated Liquidity (All About Alpha)
• 5 Ways to Avoid Natural Reactions that Prevent You from Making Good Decisions (Buffer) see also 9.11 and the Narrative Fallacy (Above The Market)
• How Matthew Murray’s Sliding D-Valve Made Us Prosper (Bloomberg)
• E-books are already getting cheaper, thanks to Department of Justice (Ars Technica) see also Amazon, Forced to Collect a Tax, Is Adding Roots (NYT)
• Taxes Show One Way to Save Fuel (NYT)
• Google Fiber: A lesson on free market failure (Extreme Tech)
• Inspired by ‘The Filter Bubble’: Q&A with Collusion developer Atul Varma (Ted)

What are you reading?


S&P 500 Sectors Distance From All-Time Highs

Source: BeSpoke

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.

13 Responses to “10 Mid-Week PM Reads”

  1. James Cameron says:

    Building the U.S. tax code, break by break

  2. willid3 says:

    Dimon back to complaining about regulations

    that didnt take long did it? Guess that 7 billion dollar loss was just a bump in the road

  3. VennData says:

    “Prime Minister, who do you think is Israel’s greatest enemy? The United States or Iran?”

    Nethayahu backs down. What did he gain from his outburst? Nothing. These right wingers are simply off kilter, everywhere.

  4. willid3 says:

    lost decade ahead? just like the one in the review mirror?

  5. wrongtrade says:

    Hey. No problem with the link and your thoughts regarding it, but let’s keep the ideological grenade throwing off this blog, please. This is a high class, family friendly environment where we can learn from Barry and from each other without mixing our investing with politics.

  6. carleric says:

    I can hardly wait to see what idiocy Bennie and the squirrels at the Fed come up with….another fix to an economy that would be a lot better off without their f**king inteference but life goes on….rotflmao.

  7. whskyjack says:

    “Google Fiber: A lesson on free market failure”

    A really misleading headline for a poorly written story. Garbage.

    As to google fiber , who knows they have yet to hook up a single customer. But if they are successful they will change the landscape of broadband. I’m just hoping they will move 2 blocks east with their network so I can tell time warner to go to hell. They are giving away 7 yr DSL speed hook ups for the $300 it cost to hook up. A good deal for anybody.

  8. josap says:

    The Rich and the Rest of Us in the United States

    Most of America is poor, broke, and getting poorer. So shows new Census statistics for 2011. Real median income for households declined 1.5% to $50,054 and has declined for the second year in a row. The household median income is 8.1% lower than 2007 and 8.9% lower than 1999! The median belies the growing income inequality in the United States. Below is the Census graph of real household income by selected percentiles and illustrates our tragic unequal state. The top 5% increased their income by 66.2% while the the median income has only increased 19% since 1967. Real means inflation is removed.

  9. frodo1314 says:

    On the NYT article “Taxes Show One Way to Save Fuel” :

    So let me get his straight – it’s bad that the US has the lowest gas tax rate of all indutrialized nations? I truly must have fallen down a rabbit hole somehere….

    Here’s another way we can save alot of fuel: Let’s outlaw cars and go back to horses and buggies.


    BR: You missed the main point — If your goal is saving fuel, then between raising CAFE standards to 50MPG (as was done) versus slapping a $3 gal tax, the tax is a more efficient way to accomplish the goal.

    Of course, arguing against a straw man is much easier than arguing the actual point that was made …

  10. Joe Friday says:


    No problem with the link and your thoughts regarding it, but let’s keep the ideological grenade throwing off this blog, please.

    Eh, it’s BiBi and the crazy RightWing Likud that are practicing the “ideological grenade throwing“.

    Not to mention, if the American military can’t reach Iran’s uranium enrichment plants buried more than 250 feet below a mountain, then obviously neither can Nethayahu.

    Since everybody knows he’s bluffing, he should stop the phoney blustering and shut the hell up.

  11. wrongtrade says:

    Sooooo.. go post it on a Yahoo! blog on Huff Po where someone can rant back at you. This is a finance blog for thoughtful people who respect each other.

  12. Joe Friday says:

    OR, you could stop whinin’ and take your own unsolicited advice.