Some Sunday Reads to start your hour shortened lengthened day:

• Nate Silver: This is no longer a toss up (fivethirtyeight) see also A Capitalist’s Dilemma, Whoever Wins on Tuesday (NYT)
• Dead money: Cash has been piling up on companies’ balance-sheets since before the crisis (Economist)
• Investing a lump sum of money in stocks pays off (sometimes) (MarketWatch)
• Japan May Have Entered Recessionary Phase, Some BOJ Members Say (Bloomberg) see also Japan is in worse than a deflationary trapCommentary: One-time powerhouse, it’s withdrawing from the stage  (Marketwatch)
Robert Shiller: Businessmen as Presidents: A Historical Circle (NYT)
• Why investors are their own worst enemy (Moneywatch)
• Lessons from the Ultimate Safe Houses: The hard-core homeowners who fortify themselves against any possible calamity—from hurricanes to nuclear attack—are testing materials and technology that could change home building for the rest of us. (WSJ)
• Your Employee Is an Online Celebrity. Now What Do You Do?  (WSJ)
• Max Keiser: ‘Barack Obama is clueless. Mitt Romney will bankrupt the country (The Independant)
• This is why SNL parodied the NYC Mayor’s translator:  Lydia Callis’s Face For NYC Mayor (Tumblr)

What are you reading?



Job Creation During the Obama Administration

Source: Global Macro Monitor


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.

11 Responses to “10 Sunday AM Reads”

  1. ilsm says:


    The bottled water won’t be $20 a pint.

    And gasoline though scarce is getting a priority, and won’t hit $25/gal.

    The guy who would close FEMA would spend trillions for the US military to be a “force for good” doing FEMA type things for other countires!

  2. denim says:

    I’m reading
    - your link to “Max Keiser: ‘Barack Obama is clueless. Mitt Romney will bankrupt the country (The Independant)” Excellent, I might add.

    - “Economist’s View: The Long-Run Harm of ‘Putting Ideology Ahead of Reality’”

    - “Lies and the Lying Liars Who Profit From Them |”

  3. Casual_Observer says:

    Slight typo in your lead-in line: believe you meant hour-lengthened day?

  4. farmera1 says:

    Dead Money from the Economist

    Corporations burying money is just part of a much bigger issue for the FED. One of my favorite graphs is the velocity of money.

    As long as the velocity of money keeps going down, Bernanke and the boys are pretty much pushing on a string.

  5. streeteye says:

    Reserved Buoyancy, Down-Flooding, and Living Off the Grid

    Short-sighted commercial entities mistake slack for inefficiency and work very hard to uproot and destroy it.

    There’s no reason to think that the sum of all the micro-optimizations is globally optimal.

  6. Bill in SF says:

    Police surveillance cameras were never popular in San Francisco, you know, shades of Big Brother. Now, it looks like citizen cell phones (Little Brother) have become the police department’s best friend.

  7. Mike in Nola says:

    May sound stupid, but at least I now know who TF Nate Silver is. Have been seeing his name all over the place like everyone knows who he is and he’s the new Barry Ritholtz.

    For a little amusement, a couple of Gangnam video parodies. They seem to be outrageously popular with those who are not old fogies.



    I’m sure there’s one for Obama, but I got a little oversaturated.

  8. Bam_Man says:

    “Your Employee Is an Online Celebrity. Now What Do You Do? (WSJ)”

    Duh. Fire him/her and hire two part-timers?

  9. readerOfTeaLeaves says:

    Re-reading: David Potter (of Psion, who later served on Bank of England board) on the roots and factors leading up to the financial debacle, including automation and the emphasis on monetary policy (at the cost of stability).