My “hey, this view looks different” morning reading:

• Two Of The Biggest Names In Wall Street Social Media Have Launched Their Own Investment Firm (Business Insider)
• The secret financial market only robots can see (Quartz)
• What’s the Market Yellen About? (WSJ) see also Summers’s Withdrawal Said to Make Yellen Fed Front-Runner (Bloomberg)
• Banks Really Are Different Five Years After the Financial Crisis (Daily Beast)
• Gold Bulls Cut Wagers as Goldman Sees More Losses (Bloomberg)
• Regulators Should Draw a Line Between Finance and Commerce (Moneybeat)
• My Lehman lesson: Model diversification and flexibility (Humble Student of the Markets)
• Get Over It. Math is Hard (Businessweek)
• iPhone price and positioning (Benedict Evans) see also Apple Market Share: Facts and Psychology (Monday Note)
• Box.com Melds Google and Microsoft Into Document Engine of the Future (Wired)

What are you reading?

 

ETF Fees Creep Higher
Chart
Source: Rick Ferri

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.

13 Responses to “10 Tuesday AM Reads”

  1. Bob is still unemployed   says:

    I’ve been reading a couple articles about tracking…

    E-ZPasses Get Read All Over New York (Not Just At Toll Booths) (Forbes)

    After spotting a police car with two huge boxes on its trunk — that turned out to be license-plate-reading cameras — a man in New Jersey became obsessed with the loss of privacy for vehicles on American roads. (He’s not the only one.) The man, who goes by the Internet handle “Puking Monkey,” did an analysis of the many ways his car could be tracked and stumbled upon something rather interesting: his E-ZPass, which he obtained for the purpose of paying tolls, was being used to track his car in unexpected places, far away from any toll booths.

    Puking Monkey is an electronics tinkerer, so he hacked his RFID-enabled E-ZPass to set off a light and a “moo cow” every time it was being read. Then he drove around New York. His tag got milked multiple times on the short drive from Times Square to Madison Square Garden in mid-town Manhattan…

    Why Apple’s ‘indoor GPS’ plan is brilliant (ComputerWorld)

    …Apple cryptically introduced the iBeacons initiative at its developers conference in June, identifying the new technology as a feature of the iOS software developers kit (SDK).

    In fact, iBeacons is a Bluetooth-based micro-locations system (think very accurate GPS that can be used indoors). But instead of being used by people to determine their own locations, it’s used by retailers, museums and businesses of all kinds to find out exactly where people are, so they can automatically serve up highly relevant interactions to customers’ phones. …

  2. S Brennan says:

    Again and again. “Alexis did like to play violent online video games, the kind, he said, where you shoot people.” to the disturbed mind…the mind most likely to be humiliated in social circumstances…the mind most likely not to be hired…the mind most likely to be fired…”video games, the kind…where you shoot people” makes tangible, makes accessible, makes actionable, dark thoughts from the deepest crevasses of a troubled mind. Not to mention …”video games, the kind…where you shoot people” help a human “practice” the mental process of killing another human.

    Yeah, I know most don’t agree with me, but imagine a video game where you are dressed as an SS Guard forcing Jews into a gas chamber…or dressed as a Klansman lynching a man…free speech? I think not. Advocating for mayhem, or inciting others to kill has always been restricted speech and video games are no different than yelling “fire” in a theatre, most times the crowd will handle itself well, but eventually, with the wrong crowd…things will go badly. The state, under our constitution, has the right, the duty, to do what so many other countries have, ban the sale of games that teach and advocate the killing of humans.

    FYI, Alex got his AR-15 from a gun safe on the site, gun restrictions on semi-automatics would not have had an impact here

    http://investigations.nbcnews.com/_news/2013/09/16/20527513-what-we-know-about-alleged-shooter-aaron-alexis?lite

    • SkepticalOx says:

      How many people play violent video games? How many of those go on mass shooting sprees?

      The guy already had a disturbed mind, and there is no proof, no evidence, that video games made it more likely that he would’ve gone on a shooting rampage. You could probably more reasonably argue that being a part of the military (hello, one part of their job is to kill people… with guns) is what helped him do what he did.

      To say that gun restrictions would not have had any impact is disingenuous. He killed those people with guns, not video games. If the guns, say, had biometric scanners that only allowed authorized owners to fire the gun, then that would have an impact.

      It’s the same arguments being regurgitated by gun fanatics… Oh, blame the health system for not providing enough support for mental illness victims! Oh, it’s the violent video games! Seriously? I support gun-rights but posts like yours really kills your credibility.

      • S Brennan says:

        Did you read my post? Specifically:

        “Advocating for mayhem, or inciting others to kill has always been restricted speech and video games are no different than yelling “fire” in a theatre, most times the crowd will handle itself well, but eventually, with the wrong crowd…things will go badly.”

  3. RW says:

    The focus is on the mass GunFAIL at the Navy Yard this week of course but last week’s tally was no slouch nor, if it comes to that, was just about any week previous; l’est we forget.

    GunFAIL XXXV (posted 9/16/13)

    A very active week …with an unusually high number of stray bullets and home invasion shootings. This week, nine patriotic Americans freedomed their neighbors’ houses or apartments, …Three liberty projectiles were counted escaping during range or target practice. Three people were hit by other stray bullets loosed in some other fashion, including an elderly grandmother accidentally shot during a gun battle between her two grandsons. …

    On the other hand, I found just one person who accidentally shot himself while cleaning a loaded gun. There were a few others who shot themselves while disassembling guns …or attempting demonstrating the “proper” way to empty ammunition from their gun. But straight up cleaning was just one this week! …One man buying or trading a gun from another was accidentally shot and killed by his new gun before he could even complete the purchase. And one man shot his wife through the legs in an attempt to prove the gun she was worried about wasn’t even loaded. …

    In the recurring category of guns found in schools, this week we have five in primary and secondary schools, and one on a college campus. …The child victims of GunFAIL this week were ages 2, 3, 5, 9, 10 and 11, …

    NB: Guns need to be treated at least as rigorously as cars — useful (or fun) tools with a high potential for public mayhem and lethal outcome — w/ proof of operational competence, licensing, registration and insurance to match.

  4. willid3 says:

    a major plot against ACA.

    http://nymag.com/news/features/gop-obamacare-plot-2013-9/

    seems their program seems to work too, having seen an on going blog that shows just had wedded some are to the talking points (even after the originators them selves debunk it!).

  5. RW says:

    Today is Constitution Day

    Not a bad place to visit …and learn for those so inclined.

  6. rd says:

    Bernanke’s rescue of the stock market over the past 5 years shown in one live-action 2 minute video. Bernanke is the one with the light that keeps showing up in the middle to announce the next easing movement.

    http://www.bloomberg.com/video/the-19-hour-raise-of-costa-concordia-in-2-minutes-jhfF9vWNRuGEl91B1BKumg.html

  7. RW says:

    Attacking Stupid Ideas: A Dirty Job, But Someone’s Got to Do It

    …even after five years, right-wing economists are still pushing pet theories of austerity that make no sense, along with a variety of nonsensical RBC blather and monetary medievalism. Maybe the best course for academic economists is to ignore this stuff, knowing that it’s basically doomed in short order. But you can hardly blame them for thinking that this might be a dangerous course, one that could end up in disaster for lack of pushback. …

    A case in point:

    They Have Made A Desert, And Called It Reform

    It was, I suppose, predictable that Europe’s austerians would claim vindication at the first hint of an upturn. Still, Wolfgang Schäuble’s piece in the FT, in which he claims complete vindication because Europe has had one, count it, one quarter of growth is pretty awesome even relative to expectations. …

  8. couragesd says:

    Isn’t this all that matters? So why are people continuing to try and punish APPL? Can’t tell how many times I heard from ‘analysts’ that the 5c is just too expensive and it won’t sell in China. blah, blah, blah.

    iPhone 5s and 5c arrive Friday: sold out in China, lines in USA and Japan
    http://www.slashgear.com/iphone-5s-and-5c-arrive-friday-sold-out-in-china-lines-in-usa-and-japan-17297989/

  9. beaufou says:

    I think I’m getting an idea of why the market felt so good about Summers being out. Looking up Janet Yellen who seems to be getting a free pass, she co-wrote a Nobel prize winning theory on “efficiency wage” with her husband (he got it).
    http://en.wikipedia.org/wiki/Efficiency_wages

    In an age of high income inequality and high unemployment, is it sound not to look a little closer at it?