My morning reads:

• Dynamic Duo: Why Leon Cooperman and Steve Einhorn think this bull market still has legs (Barron’s) but see How Likely is A Continued Market Rise? (Avondale Asset Management)
• Why Precious Metals are Taking a Pasting (Moneybeat)
• Notes From the London Value Investor Conference 2013: Marks, Price, Montier & More (Market Folly)
• Recession Watch: ECRI’s Weekly Leading Indicator Declines Advisor Perspectives (Advisor Perspectives)
• U.S. Bonds Cheapest Since ’90 Versus Bunds Counter Buffett (Bloomberg) see also Money isn’t “easy”– A rant (The Money Illusion)
• A Small Part of the Brain, and Its Profound Effects (NYT)
• Everything Apple Needs to Introduce at WWDC to Appease the Internet (carpeaqua)
• The Tragic Beauty of Google+ (Time)
• Quinn Sullivan, 14-Year-Old Blues Prodigy, Impresses the Masters (Rolling Stone)
• What I Learned From Watching Every Single Episode of The Office (Esquire)

What are you reading?


Is This the Best Time for Investors? Don’t Bet On It.
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.

9 Responses to “10 Monday AM Reads”

  1. VennData says:

    Someone’s going to have fund splicing together all those “Buy Gold Now” adds from Glenn Beck et al.

  2. Bam_Man says:

    What a great “explanation” for why precious metals prices are getting pasted! The price is going down because Indians find Gold too expensive.

    Kind of reminds me of the old “Yogi-ism” – “Nobody goes there anymore. It’s too crowded.”

  3. Internet Tourettes says:

    “The Securities Industry and Financial Markets Association (SIFMA) today announced the appointment of former three-term U.S. Senator Judd A. Gregg as Chief Executive Officer of the Association and the appointment of former U.S. Representative and SIFMA Acting President & CEO Kenneth E. Bentsen, Jr. as President of the Association……,-jr_-as-president/

  4. rd says:

    The cognitive dissonance can continue for a while if Corporate America continues to buy back shares instead of re-investing their earnings on capital expenditures in their companies. However, this would be consistent with a slowing economy and could actually slow it down more leading to recession. The eventual decline in earnings would likely cause an implosion in stock prices.

    Corporate America is probably in the best financial shape of the trio of companies, government, and consumers in the US. Governments have been in austerity mode for several years and that is unlikely to change. Consumers are tapped out with declining median income and high debt levels. So if the ocmpanies don’t step in to invest in the economy, the slow bump and grind leading to declining bond yields will continue until something breaks, probably to the downside.

    One of the reasons for DJIA/S&P500 earnings going up has been international revenue. However, with much of the rest of the world depressed or slowing, it is unclear how long profits from that revenue source will continue growing for companies.

  5. FlyOver says:

    As I noted in a post last week, how many of those DJI companies are now doing business in the BRIC parts ofthe world? The S&P50 comapny I work for has grown our BRIC sales faster than our domestic US sales and it is showing up in our stock price.

  6. willid3 says:

    hm. all that caterwauling from some about ‘freedom’. but who? its not for the ‘common’ folks, its just for some. usually those in the top .01% of course as they are the only that have the time,oh and the money to have ‘deep’ thoughts that need freedom!

    it explains why those who are in favor of ‘freedom’ are not so in favor of what freedom requires.

  7. WolfStreet says:

    “Yahoo pledges ‘not to screw up’ Tumblr deal”

    Yahoo!’s renaissance ? Or another failed great acquisition ? I especially remember the Delicious move (a bookmark website), which was a great product that they dumped a few years later.

  8. Mike in Nola says:

    Repub’s shooting self in foot again. Terry McAuliffe should be an easy target, but Republicans are repeating the last presidential strategy: leave voters no choice but to vote Democratic.