My morning reads:

• September is stocks’ cruelest month (MSM Money) but see Quit worrying about a 1987-style crash (MarketWatch)
• The 20-Year Performance Of Hedge Funds And The S&P 500 Are Almost Identical (Business Insider)
• Crash test dummies and fund manager surveys (FT Alphaville)
• The credit crunch is officially over (Fortune) but see So you think Europe’s debt crisis is finally over? Time to think again (Telegraph)
Wolfers: Markets, Unlike Media, Aren’t in a Lather Over Fed Chair (Bloomberg)
• Your mortgage documents are fake! (Salon) see also In One Bundle of Mortgages, the Subprime Crisis Reverberates (DealBook)
• Current-guidance is needed from the PBoC (Institute for New Economic Thinking)
• The Tea Party’s Disruptive Anti-Government (and anti-tax) Politics (A Taxing Matter) see also Inside the Obamacare resistance (Wonkblog)
Exegesis: How early adapters, innovative publishers, legacy media companies and more are pushing toward the annotated web (Nieman Lab)
• Apple Said to Prepare Holiday Refresh of iPhones to iPads (Bloomberg)

What are you reading?


Consumer Spending Belies Dire Forecasts
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.

4 Responses to “10 Tuesday AM Reads”

  1. Bob is still unemployed   says:

    Not so much, what I am reading, as what I am watching.

    (runtime is about 3 and a half minutes.)

    Nightvision is a celebration of the brilliance and diversity of architecture found across Europe. Over the course of three months I journeyed with a friend through 36 cities in 21 countries with the ambition of capturing some of the greatest European structures in a new and unique way. Comprised of thousands of carefully taken photographs, strung together and stabilized in post-production, Nightvision aims to inspire appreciation for these man-made landmarks.”

  2. RW says:

    The state of housing inventory is an important indicator and lots of folks are looking for a bottom.

    Weekly Update: Existing Home Inventory is up 18.1% year-to-date on Aug 12th

    It now seems likely that inventory bottomed early this year.

    It is important to remember that inventory is still very low, and is down 8.9% from the same week last year according to Housing Tracker.

    NB: My accidental discovery of the Calculated Risk blog in 2006 saved me a lot of money and then made me a lot of money. Gaining the kind of insight offered by Bill and Tanta (and several regulars) into the financing of real estate didn’t just open a door, it took a wall down. I’ve never forgotten it. Quality financial blogs, including our inestimable host’s, are a gift (almost) beyond price; that they are offered at no cost but a user’s time continues to astound and edify (and whatever branding virtue this provides to the host reduces this not a wit).

  3. WFTA says:

    Maybe not on quite as grand a scale as TBTF banks, but Big Pharma also enjoys the fruits of fraud.