My afternoon train reading:

• Fed recoils from 1937 tightening error as jobs evaporate (Telegraph) see also What are the Risks of Quantitative Easing, Really? (Brad DeLong)
• “Bernanke is nothing if not a patient lover” (TRB)
• Breathing Room for Emerging Markets Watching Money Flee (NYT) see also Fed Leaves Hedge Fund Bears Waiting on Emerging-Markets Bet (Bloomberg)
• Smart Beta and the Pendulum of Mispricing (Research Affiliates)
• The Doom In Investing With Doomsayer Peter Schiff (YCharts) see also Peter Schiff Was Wrong (Mish)
• What You Need to Know Before Buying a House (WSJ)
• Next Reform Target: The Banker’s Brain (American Banker)
Baum: ’Party of No’ Should Focus on ’Getting to Yes’ (Bloomberg)
• Smartphone Cameras at 41 Megapixels Pressure Canon, Nikon (Bloomberg) see also Everything You Need to Know About the iPhone 5C and 5S Reviews in One Table (Atlantic Wire)
• 8 Creativity Lessons from a Pixar Animator (Zen Habits)

What are you reading?


S&P 500 PE Ratio
Source: Chart of the Day

Category: Financial Press

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2 Responses to “10 Thursday PM Reads”

  1. rd says:

    Duke Energy is the latest employer to go defined contributon healthcare insurance lans:

    I think this trend is going to change the face of healthcare pricing and costs in the same way that the trend from pension plans to 401ks has changed the costs charged by the financial sector for mutual funds etc. Once people get a better handle on the randomness and orneriness of healthcare provider pricing, the general public won’t stand for it. costs won’t be able to rise at 2 to 4 times the rate of inflation, especially when people figure out that other countries can deliver pretty much the same thing for two-thirds the cost.