Good Monday morning. Here are my morning reads:

Taibbi: Secret and Lies of the Bailout (RollingStone)
• Besides Gold, Economists Don’t Agree On Much (Businessweek)
• VIX This Week – Record Cliff Dive, Down 39.1% (CBOE Communities) see also VIX Has Largest Weekly Down Move Since Inception (Global Macroman)
• Explaining the Silliness of the Debt Ceiling and Platinum Coin to The Rest of • Magic, markets and models of science (Magic, Maths and Money)
the World… (Pragmatic Capitalism)
• Banks Win 4-Year Delay as Basel Liquidity Rule Loosened (Bloomberg) see also Banks Win an Easing of Rules on Assets (NYT)
Queenan: People Who Need Rich People (WSJ)
• Superstorm Sandy and the importance of polar orbiting satellites in forecasting  (Dr. Jeff Masters’ WunderBlog) see also Climate change is big business (for the insurance industry) (arstechnica)
• Andy Kessler: In the Privacy Wars, It’s iSpy vs. gSpy (WSJ)
• The Dot-Com Era Finally Comes to an End (Barron’s)

What are you reading?

 

Happy New Year? Not for Bonds

Source: WSJ

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 Monday AM Reads”

  1. NoKidding says:

    Re: infographic
    Looking at that chart, how good can 105 pct debt-toGDP feel? The financial world seems to be betting on a permanently low plateau.

  2. Chad says:

    The first PC robot:

    http://www.wired.com/gadgetlab/2012/12/ff-robots-will-take-our-jobs/all/

    The fact that it can be programmed by just moving it’s limbs is a huge step forward. Makes me want to start a manufacturing company.

  3. Bob is still unemployed   says:

    The tablet generation is pushing networks to the edge

    An interesting look at the morphing of video delivery in the age of tablets…

    …Bell Labs projections suggest that, by 2020, consumers in the United States alone will access seven hours of video each day – as opposed to 4.8 hours today,and will increasingly consume this additional video on tablets, both at home and on the go. Significantly, the research also points to a dramatic shift in viewing habits, as consumers switch from broadcast content to video-on-demand services, which will grow to 70% of daily consumption compared with 33% today. The projections also suggest a twelve times increase in internet video content as cloud services, news sites and social networking applications become more video based, and continuously accessible anywhere, anytime on tablets….

  4. rd says:

    State problems continue to mount:

    http://news.yahoo.com/no-deal-yet-illinois-pension-fix-state-house-212352529.html

    The pension shortfall works out to about $7k per person in Illinois.

    I expect that states with relatively well funded pension plans will fare better over the coming couple of decades as they will not need to surprise their citizens with large local and state tax hikes that appear to come out of the blue.

  5. beaufou says:

    http://www.nytimes.com/2013/01/07/nyregion/after-pinpointing-gun-owners-journal-news-is-a-target.html?hp&_r=2&pagewanted=all&

    Apologies if it has already been posted.
    This is the exact opposite from I read and hear gun owners crow about daily, freedom and safety from a fascist State.
    This is the response from a fringe that wants to limit freedom of speech and impose their views on others without representation.

  6. willid3 says:

    why is is the US some times has the worse of all worlds? high prices….and low quality?

    maybe its the monopolies
    http://www.nakedcapitalism.com/2013/01/lazy-corporate-monopolies-are-why-america-cant-have-nice-things.html

  7. Lugnut says:

    @beaufou

    Perhaps true. However if you take your statement “This is the response from a fringe that wants to limit freedom of speech and impose their views on others without representation” and substitute in freedom of 2nd amendment rights, and apply it to the ‘journalism’ that paper is practicing, that is likely also true.

    That paper is making targets out of the gun owners for break ins targeting their guns, and is also providing a road map for all the non gun owners for potential B&Es for robbers who know they don’t have to fear gun wielding home defenders. Highly irresponsible journalism; not saying they deserve threats, but they should assume a higher standard of responsibility as a paper that is using their product as a pulpit. If they were shocked by the response and didnt expect it, then they are ignorant.

  8. beaufou says:

    Lugnut,

    I still have to figure out the reason behind the paper’s decision, I honestly don’t get it.
    But I think the response is showing a lot of people’s true colors. If the paper was able to get this information, it must surely be readily available for anyone to consult, as far as break-ins are concerned, time will tell.
    What is more shocking to me is the fact that some people have showed up at political meetings with assault weapons; their names and addresses should be in the paper.
    Carrying weaponry that only armed forces can find a use for is not limiting a right, same goes for racist/antisemitic talk, constitutions were not picked up by Moses on Mount Sinai, they were written by people whose concerns were deemed necessary at their time, not for all times.

  9. Lugnut says:

    Again, remember, this was not part of the original Constitution, it was brought in by the state delegates as one of the original (larger) list of Amendments that was whittled down to what became the Bill of Rights (which were uniformly endorsed by the states). I do believe that they viewed this through the prism of what was necessary for the future governance of the country, not just the USA circa 1789. Cerainly the rest of the 10 of the Bill of Rights are considered ‘universal’ with no sell by date. I think they honestly thought of it as another in the line of checks and balances built in to the founding documents, just like the other separation of powers that were baked in.

    By the same token (although I’m not a proponent of assault weapons), I do believe the intent at the time was to allow the citzenry of country to be able to arm themselves in a fashion comparble to what the Federal troops might use against its populace, in case it all went pear shaped. Which is why I find the liberal argument “have all the black powder long guns you want” preposerous and amusing.

    Nonetheless, expect Obama to try and enact legislation against assualt weapons, and don’t be surprised if he tries to do it via direct fiat, and circumvent Congressional legislation and Constitutional authority if need be. Its a move thats certainly in his wheelhouse.

  10. Lugnut says:

    Oh, and to answer your question why the paper did it? Simple, they were hoping to have people harass gun owners and shame them for owning guns in the wake of the Newtown tragedy.

    Note though that when a blogger turned the tables on the paper and put up a Goggle map with the address of the papers employees that the publisher reacted and decided to increase security at the paper.

    Armed security, that is. Irony abounds