My morning reads:

• S&P 500 5% Corrections During the Current Bull Market (Be Spoke)
• The Euro Crisis Rebalancing, and the big squeeze (Economist) see also Europe or Japan: The Next Panic? (The Atlantic)
• Shift From Stocks to Bonds at Asset Firm (WSJ)
• For Whom Golden Parachutes Shine (Dealbook)
• May the odds be ever in your favor (Reuters) see also The Virtues and Vices of Election Prediction Markets (NYT)
• What inflation? (FT Alphaville)
• Preet Bharara’s breathtaking case against Countrywide and BofA (Thomson Reuters) see also Federal Prosecutors Sue Bank of America Over Mortgage Program (Dealbook)
• Corporate Spies and Co. (NYT)
• Apple, Google, and Amazon are so profitable because they know what to lose money on (Quartz) see also Microsoft’s Surface Tablet Lacks Apps to Rival IPad (Bloomberg)
• The End of Jazz (The Atlantic)

What are you reading?

 

How taxation by government has changed

Source: The Economist

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 Thursday AM Reads”

  1. techy says:

    Apple, Google, and Amazon are so profitable…

    Amazon and profitable in the same sentence?

  2. [...] paper has a report today (via Ritholtz) on fund manager AllianceBernstein, which is used as an example of the shift in the industry from [...]

  3. Mike in Nola says:

    Yes, the Surface lacks lots of apps at the moment. I imagine that MSFT will throw lots of money at the problem.

    But, it has a set that a great many tablet users or prospective tablet users want: Office.

    http://linkback.morganstanley.com/web/sendlink/webapp/BMServlet?file=d614826u-3odb-g000-b1ed-002655214000&store=0&d=UwBSZXNlYXJjaAA0MzI1NTg%3D&user=kgdo4nhav6s1-81&__gda__=1464644568_4b89eefacb98aea2fe1033ac691c184c

    They do point out that the surface is overpriced vis a vis customer expectations (I thought it was) although if you look at it more closely, the surface comes with more memory than similar iPads.

    MSFT’s biggest problem will be advertising to get the advantages across.

  4. willid3 says:

    what has been left out of the politics is the biggest problem facing us

    http://www.nytimes.com/2012/10/24/us/politics/race-for-president-leaves-income-slump-in-shadows.html?_r=0

    the collapsing incomes of the 99%. which neither party talks about but is the biggest problem we have, since the pay to employers is what customers have to pay for what you sell. while the great credit bubble allowed some to paper over this, its all it did

    and income inequality is also shown in consumption inequality

    http://economistsview.typepad.com/economistsview/2012/10/the-myth-that-growing-consumption-inequality-is-a-myth.html

  5. willid3 says:

    top 1% (CEOs and others) all in favor of tax cuts for themselves but tax increases for others.

    http://blogs.reuters.com/felix-salmon/2012/10/25/ceos-self-serving-deficit-manifesto/

    hm. wonder how that will work out?

  6. Julia Chestnut says:

    I’m compulsively refreshing the Weather Underground. So, let’s say that a hurricane with an internal pressure around 940 mb comes ashore in Delaware and rakes through the Mid-Atlantic up through the Northeast. Let’s say it happens at lunar high tide, and that the storm merges with a powerful cold front — while maintaining access to Atlantic waters 5 degrees warmer than they normally would be at this time of year. Add that bridge infrastructure has been neglected in the past oh, 50 years or so in most of the territory to be impacted. Let’s just speculate that the trees in the path of the storm are still in full leaf and that the windfield for the storm is roughly 300 miles across. Let’s further assume that those same areas have not buried their power lines. And are planning a national election in one week.

    I know, right? Crazy hypothetical.