My morning reads:
• As Fears Recede, Dow Industrials Hit a Milestone (NYT) see also As Confetti Settles, Strategists Wonder Will Dow’s Rally Last? (WSJ)
• Pursuit of Mediocrity: The high cost of active management (Abnormal Returns)
• How Much of Equity Prices Is Real? (Alhambra Investment Partners)
• 4 Hidden Risks in Bonds (iShares)
• Forget Spending Cuts, the U.S. Economy Really Needs a $2 Trillion Stimulus (Fiscal Times)
• WTF headline of the day: States Move to Criminalize Whistleblowing on Food Fraud and Animal Cruelty (A Lightning War for Liberty)
• Why has Congress left housing to Fannie Mae and Freddie Mac? (Wonklbog)
• How I ended up with Mac (tirania) but see Why I switched from iPhone to Android (Macworld)
• It’s Time to Rethink America’s Corn System (Scientific American)
• The 8 Most Obnoxious Internet Commenters (Cracked)
What are you reading?
Dow Record Highs
Category: Financial Press
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