My morning reads to start off of your week:

• Americans Back Spending-Cut Delay Amid Budget-Deal Push (Bloomberg) see also Remember That $83 Billion Bank Subsidy? We Weren’t Kidding (The Ticker)
• The New MLP Landscape (Barron’s)
• Gold Bets Cut by Most Since 2007 as Sugar Bears Grow (Bloomberg)
• Foreign Money Is Revisiting Greece (WSJ) see also Austerity, Italian Style (NYT)
• Don’t Blame the Fed for Your Own Investment Mistakes (The Motley Fool)
• Eric Schmidt Unloads on China in New Book (Corporate Intelligence) see also Chinese Cyberwarfare, Explained (Mother Jones)
• Trade protectionism looms next as central banks exhaust QE (The Telegraph)
• Wiping out top predators messes up the climate (NewScientist) see also We’re Underestimating the Risk of Human Extinction (The Atlantic)
• America’s Dangerous Drift (THE DIPLOMAT)
• The Tunnels of NYC’s East Side Access Project (The Atlantic)

What are you reading?
Earnings Season Ends with a Thud


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.

5 Responses to “10 Monday AM Reads”

  1. RW says:

    Policy-makers enamored of austerity during the severe economic downturn these past five years have much to answer for and this not the least (ht RBC)

    Losing Heart? The Effect of Job Displacement on Health (NBER Working Paper No. 18660)

    Job reallocation is considered to be a key characteristic of well-functioning labor markets, as more productive firms grow and less productive ones contract or close. However, despite its potential benefits for the economy, there are significant costs that are borne by displaced workers. We study how job displacement in Norway affects cardiovascular health using a sample of men and women who are predominantly aged in their early forties. … We find that job displacement has a negative effect on the health of both men and women.

  2. ilsm says:


    US grand stategy is to keep the war profiteers around to see if the specifications they don’t deliver were harder than ‘combat’.

    US desries to fight WW II again.

    The failing F-35 gets $1500B to assure US infantry is never stafed agian as happened in Kasserine pass 70 years ago last week.

    The 12 super carriers are to raid Haiphong and Hanoi as they did in 1945 and 1965 through 73.

    And the US still need to make sure the Red Army stays behind the Elbe.

    While the 1% get richer and the US cannot ‘afford’ decent health outcomes.

  3. Pantmaker says:

    I’ve been following the housing “recovery” like everyone else and the effect that said eecovery has had on the demand for Lowes and Home Depot stocks. Both got an additional lift from the hurricane rebuilding buzz. I got short HD today at 65.50. These stocks are back to levels last seen at the height of the housing bubble…and I remember how skeptical I felt then. You can’t tell how deep a well is by measuring the length of the pump handle. Seems like can kicking and Fed money is about all we have.

  4. willid3 says:

    the next violent storm (think Sandy, Katrina, etc) might not be easy to survive. seems along with other agencies, NOAA is also impacted. they run the satellite that told folks that Sandy was headed their way, before it announced its arrival by coming ashore. not sure how much will be cut, but the next Sandy might not be so easy to prepare for. and we already know that there is a on rushing time when one of those satellites goes dark. and that the low estimate, not including cut backs from the on rush austerity.

    and no there is no private company going to take up the collection of weather data. its expensive (5 billion per year) and has very little way sales to many. and very few would trust it, as they really only trust NOAA as it is.