Some reads to start your day:
• Gold is the worst investment of 2013 (Quartz)
• Our 5 Favorite ETFs Launched in the Past 6 Months (MorningStar)
• Preparing for Day When Rates Rise (WSJ) see also Bernanke Provokes Mystery Over Fed Stimulus Exit (Bloomberg)
• Blessings of Low Taxes Remain Unproved (NYT)
• How Apple Gets All the Good Apps (WSJ) but see Samsung Targets Galaxy 4 at Apple’s Core iPhone Market (Bloomberg)
• Who could have foreseen that? Financial irregularities killed Intrade (New Yorker)
• Don’t fall for Pentagon spin (Salon) see also Pentagon needs $12.6 billion per year through 2037 for F-35 (Yahoo Finance)
• Your adviser could be a psychopath (msn money)
• WTF? US teenager crafts early detection tool for cancer (global post) see also How “Breakthrough Medical Findings” Disappear (Same Facts)
• Ferrari 458 Lets CEO Hit Le Mans Like Steve McQueen (Bloomberg)
What are you reading?
Massive bear markets (50%+ declines) since 1896
Source: Chart of the Day
Category: Financial Press
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