Hey, its -22 F below out. What else can I do but toss some afternoon reads:
• Profits at $1 Trillion Meet Valuations as S&P 500 Rallies (Bloomberg)
• The Greatest Investing Lesson Of The Past Five Years (Business Insider) see also Money Magic: Bonds Act Like Stocks (WSJ)
• China Equities Turn Inside Out (WSJ)
• On brink of U.S. crisis, a warning brushed aside at Fed (Reuters) see also Transcripts Revive a Tiff of Two Fed Presidents (NYT)
• Bank of Japan Relents, Raises Inflation Target (WSJ)
• Apple May Face First Profit Drop in Decade as IPhone Slows: Tech (Bloomberg) see also Hype Builds for Smartphone, but It Isn’t an Apple Device (WSJ)
• A calligrapher explains his art (Salon)
• Speech Signals a President Set to Fight Over New To-Do List (WSJ)
• The conservative movement is still an elaborate moneymaking venture (Salon) see also Is Contemporary Conservatism Just ‘Payola’? (Center for American Progress)
• Never Endure a Car Dealership Again (Wired)
What are you reading?
Pharmaceutical Spending Per Capita
Source: Blue Point Trading
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