My afternoon reading:

• Does The Market Run on Fundamentals? (TheArmoTrader)
• Investors Pile Into Housing, This Time as Landlords (Yahoo Finance)
• Did Russia lose at Russian roulette? (FT Alphaville) see also Bank shortfall looms (The Telegraph)
You Are Irrational: Trade of the trick (New York Post)
• Life After Oil and Gas (NYT) see also Japan: On the Cusp of Energy Independence? (The Diplomat)
• HFT is under increased global regulatory scrutiny  (WSJ)
see also From Detroit to Cyprus, Banksters in Search of Prey (Black Agenda Report)
• What Al Qaeda Couldn’t Defeat: The Military-Political Bureaucracy (The Atlantic)
• Death by Twitter (The Reformed Broker) see also The 140 Best Twitter Feeds of 2013 (TIME)
• A Republican Divide in Sharp Relief (Nation)
• Luring Young Web Warriors Is a U.S. Priority. It’s Also a Game. (Bits)

What are you reading?


To the rescue

Source: The Economist

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.

12 Responses to “10 Monday PM Reads”

  1. donna says:

    Encouraging young hackers as a game. Yeah, that should end well. Have they READ Ender’s Game?

  2. willid3 says:

    in some ways are we just like Cyprus?

    over sized finance ?> check
    large tbtf banks? check

    oligarchs? check

  3. rd says:

    Goldman Sachs has apparently decided not to run for political office. They have decided to remain the puppeteer instead of becoming the puppet.

    So many possibilities opened up when corporations became people.

  4. willid3 says:

    is a Euro in Cyprus the same as it is in Germany/ maybe not

  5. DiggidyDan says:

    Not necessarily reading, but I saw this commercial last night watching the tourney about spooked mom n pop and main street investors “Getting back in” now. A top is near?

    Maybe it’s time to sell in may and go away this year.

  6. James Cameron says:

    First two from a four part series.

    Power shift: Energy boom dawning in America

    Energy boom begins to ripple through US economy

  7. MidlifeNocrisis says:

    RE: Cyprus

    I admit to being somewhat uneducated and naive on various financial issues, but wow… how on earth could a country allow its financial sector grow to many multiples of its total GDP? What am I missing?

  8. Mike in Nola says:

    Re: the Russians and Cypress

    ZH has a report that some of the big Cypriot banks had foreign subsidiaries that remained open all week and did not impose caps on withdrawals, thus letting the many objects of the German vendetta against the oligarchs escape. Well, at least the Cypriots will suffer which should assuage some of the German anger, a la Lidice. .

  9. Mike in Nola says:

    Sorry, to be so over-the-top, but the Germans do seem intent on making lots of innocent civilians pay for the greed and poor judgment of their financial and political masters.

  10. S Brennan says:

    A pretty fair critique of current Democrats…from somebody who was a Democrat..back in the day.

    “You cannot denounce state crime while supporting its perpetrators. Or rather, you can – but you will look like a fool. You will look like someone who has nothing to offer beyond a pallid, unprincipled tribal loyalty to a clapped-out party of bloodstained bagmen. And all the “ordinary people” out there whose consciousnesses you are trying to raise will sense this hollow core, this estrangement from reality. They will know you have no answers for the suffering they endure in a heartless system, that you can provide no understanding of what the system is doing to them – because you are part of the system, you speak its language, you play its games, you support its crimes, you cheerlead for its criminals. Why should they listen to you?…I certainly don’t exempt myself from this critique. (Except maybe for that 2012 criminal-supporting thing.) For 35 years now, in print and on line, I’ve been doing the same kind of consciousness-raising and outrage-recording described above. (And I must confess that for too much of that time, I also hewed to the “2 percent” line that induces moral blindness when the criminals ride donkeys, not elephants. The hardest consciousness to raise is always one’s own.) ”