My morning reading:

• Wall Street Professional Survey Reveals Widespread Misconduct, Acceptance of Illegal Activities, and Disregard of Client Interests (Labaton Sucharow)
• Companies Rush to Lower Earnings Bar (WSJ) but see Stock Investors Get a Little Less Defensive (WSJ)
• Apple: Why the Market Is Mispricing a Brand Behemoth (Fiscal Times)
• How the White House sees the shutdown (and debt ceiling!) fight (Wonkblog) see also Economists fear debt ceiling fight may bring recession (CNNMoney)
• Disney World extends hours for part timers so they get health-care (Boing Boing)
• Insane Bloomberg Headline 2-fer:
…..-Freak Grape-Razing Hail Crushes Burgundy Winemakers’ Dreams (Bloomberg)
…..-Pig Sales Fly Blind as Data Cut by Shutdown Hampers Firms (Bloomberg)
• Why Uncle Sam is hoarding gold (MarketWatch)
• Several banks considered too big to fail are even bigger (Los Angeles Times) see also The Big Lie of the Post-Crisis (Columbia Journalism Review)
• Every First-Edition Ian Fleming James Bond Book Cover (1953-1966) (The Man in the Gray Flannel Suit)
• Ferrari GTO Becomes Most Expensive Car at $52 Million (Bloomberg)

What are you reading?


Stock Investors Get a Little Less Defensive
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.

5 Responses to “10 Friday AM Reads”

  1. cwilk3 says:

    Hey Barry – you might save this Boing Boing article as an example of easily our brains are fooled into misleading conclusions – or maybe it’s just an example of misleading journalism.

    Taken as presented, one can move to any number of positive conclusions (lured in by the beginning of a deductive argument). But Mr. Doctorow omits (my conclusion is by design) the fact this change is being made for about 450 people out of workforce 70,000. The simple insert of those numbers (contained in the original reporting of this) make it far more difficult to decide. Oh those numbers – those blasted numbers – make it all the more hard to decide… Enjoy the weekend!

  2. VennData says:

    Boehner won’t rely on Democrats to pass U.S. debt limit hike

    ​​Oh no. That would be horrible. Too awful to even contemplate!–business.html

    ROFL ​So tell me again who has the problem with compromise?​ Working together? Change?

    You GOP voters are dumb.

  3. rj chicago says:

    Man o man Venn – dumb, low info voters cuts across all stripes there guy. Rome burns baby while dems and repubs point fingers and play fiddles amongst their bread and circuses. Wake up!!!

  4. MidlifeNocrisis says:

    I really enjoy reading Venn’s comments… and yes, usually I lean towards the Dem way of thinking.

    That said, it’s true that both sides of the isle play children’s games. I still laugh over the fact that the Republicans tried to pass legislation similar in some respects to Obamacare/Romneycare back in the 90′s, and the Dem’s fought it. Go figure………..