My morning reads:

• Cyprus Deposit Tax Roundup (Macro Exposure) what he said
• Record U.S. Stocks at Lowest Valuation Since 1980 (Bloomberg) but see Options Point to Big Market Move (Barron’s)
• Apple Seen Raising Dividend More Than 50% to $16 Billion (Bloomberg)
• Jeff Gundlach planted his flag on long-term Treasurys a week ago –  He’s like an art-collecting warlock. (TRB)
• The War on Common Sense Continues (Tim Duy’s Fed Watch)
• Surowiecki on JCP and others: The Turnaround Trap (The New Yorker)
• Time’s Health Care Opus Is a Hit (NYT)
• Big Bank Brands, Big Consumer Contradictions (The Financial Brand)
• Obama Inc: What businesses want to learn from the president’s campaign (Wonkblog)
• Twitter Just Crushed Wall Street After The Cyprus Bailout (Business Insider)

What are you reading?


Easy-Money Era a Long Game for Fed

Source: WSJ

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.

17 Responses to “10 Monday Reads”

  1. VennData says:

    Gender Bias Seen in Visas for Skilled Workers

    We need more wedding planners!

  2. VennData says:

    GOP Issues Scathing Self-Analysis

    “…Public perception of the party is at record lows,” the report says. “Young voters are increasingly rolling their eyes at what the party represents, and many minorities wrongly think that Republicans do not like them or want them in the country. When someone rolls their eyes at us, they are not likely to open their ears to us…”

    Have the clown car driver Boehner and his side kick McConnell had a chance to take a gander at this?

    No? Good. 2014 is right around the corner. Keep up the good work guys. The billionaires NEED their home mortgage interest deductions.

  3. hue says:

    oh snap, food stamps put R.I. town on monthly boom bust cycle

    march sadness: ncaa tourney is not what it used to be

  4. Robert M says:

    I haven’t used twitter because of the social implications have always been off putting. Your suggested read on the Cyprus banking decisions has just changed my mind.
    I would add in my suggestion on hiring someone I would add someone who is literally dedicated to following financial twitter blog(s) for the sole purpose of disseminating unknown knowns. Our shop is going to have to do it even though the product is not one we follow.

  5. James Kostohryz says:

    Hey Barry:

    This is an issue I know you are passionate about — “too big to jail.” We are on opposite sides of this, in some ways. But I do read your opinions regularly and respect them.

    PS I don’t lump you in with those I refer to as “populists and demagouges,” in this article.

  6. romerjt says:

    reading -Bull by the Horns (after Bailout) Sienfeld had NEWMAN! we have GIETNER!

  7. dctodd27 says:

    LOL. I see you’ve addressed this before – thanks for the links. And good to know which camp you’re in…

  8. Concerned Neighbour says:

    “Stocks shake off Cyprus”:

    The money quote:

    ‘Bernard Kavanagh, vice president of portfolio management for St. Louis-based broker Stifel Nicolaus, said investors may have viewed the initial sell-off Monday as a good opportunity to buy. Stocks fell slightly on Friday as well.

    “This shows that a lot of negative news is already discounted in stock prices and investors are looking for opportunities to get back in,” he said. ‘

    A truly remarkable point of view. He must be right, all the negative news must have been priced in during the 130% diagonal up programmed rally from the lows. No doubt this major selloff of less than 1% from all-time highs constitutes the buying opportunity of a lifetime.

    No bubble being blown here, Mr. Bernanke…

  9. nofoulsontheplayground says:

    BR, Kudos on the redesign! I have just one request.

    Could you put the time of the blog posts next to the titles like you have in the past? It helps put the market commentary in context when you see what time of the day it was made. You can get a close estimate of the time of the post by the time stamps on the comments, but that is inexact. Thanks!

  10. nofoulsontheplayground says:

    BR, just one more question regarding the redesign. There are links for the former tabbed sections of the site (Think Tank, Weekend, etc), but there is not one for the main page only from what I could see. Is there a way to sort for just Big Picture main page commentary like you can do with the other sub-categories? Thanks!

  11. BR,
    not that it, much, matters, though, the bolded “i”, and “j”, went away after I did that ‘ctrl’+’+’-thingy..

    and, more, from the same file..if you are going to do a ‘logo-ed T-Shirt’, you know Long Sleeved (for the Beach), go with the ‘old’ logo Color Scheme..

    I have a pair of Shorts, similar to the blue-green in the new Logo, they don’t ‘go’ with Anything.. :)

  12. farmera1 says:

    Here is PIMCOs (El-Erian’s) thoughts on why Cyprus was put in the hammer lock to take money from depositors. I read him as saying he thinks taxing the savings has merit, although the action is dangerous. It’s that old confidence thing. Runs on banks are never pretty and it conceivably could spread to Italy, Greece, etc.

    “By killing once and for all the notion that Cyprus is a safe and lax offshore haven, the levy serves to limit such intermediation [of funds from dubious origins] in future.”

    Looks like to me they (mainly Germany) is trying to get back at the Russians for stashing money in Cyprus.

  13. AHodge says:

    Dick bove
    possibly the dumbest, biggest stooge, most wrong man on the air
    video title from bloomberg
    Attacks on Banking Cause People to Lose Money: Bove

  14. AHodge says:

    i couldnt bear to watch…..