Here’s whats shaking this morning:

• Obama’s Quiet Bull Market Charges Past Reagan-Era Gains (Businessweek) see also 3 ‘amazing’ facts about the stock market (MarketWatch)
• Do investors have too much information? – Fortune Management (CNN)
• The slowdown in sales of newly built homes since last summer has sapped momentum from the land market. (WSJ) but see Investors dive into risk-sharing mortgage bonds from Fannie Mae, Freddie Mac (WSJ)
• If economists ran the country… (FT.com)
• The Perils of Ascribing Meaning to a Random Event (NY Times) see also Richard Thaler on Behavioral Economics (Conversable Economist)
• For Once-Mighty Sears, Pictures of Decay (Dealbook)
• A global wine shortage could soon be upon us (Quartz)
• The iPad Air (Daring Fireball) see also Lighter and Faster, It’s iPad Air (NY Times
• Suzanne Somers, Jenny McCarthy and America’s love of celebrity pseudoscience (Salon)
• Photo spread: Banksy in NYC (Atlantic) see also Monthlong Chase Around New York City for Banksy’s Street Art (NY Times)

What are you reading?

 

The Up & Down Dow

Source: Bespoke Invest

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 Midweek AM Reads”

  1. Robert M says:

    http://www.washingtonpost.com/blogs/post-politics/wp/2013/10/30/sen-rand-paul-will-block-yellens-nomination/

    At what point does deliberately messing w/ the macro economy of the US become treason and sedition? Isn’t $24 billion enough or do they have to go bigger than the banksters?

  2. overanout says:

    Thanks for the Banksy images!!!

  3. willid3 says:

    do they(investors) have too much or too little information?

    http://www.latimes.com/opinion/commentary/la-oe-torres-corporate-funding-politics-20131030,0,5258845.story#axzz2jDTVe8jv

    maybe its just the wrong information?

  4. DeDude says:

    I just found this one:

    http://www.thenation.com/article/176809/scholars-who-shill-wall-street#

    Not so kind to economics “scholars”.

    • willid3 says:

      just proves that some one who is paid to say some thing can’t see any reason to change what they say. if their incomes is at risk if they do, no amount of proof will change them. not sure if that can explain other things though (like believing the world is flat)

  5. hue says:

    The Myth of the War of the Worlds Panic (Slate) Orson Welles’ infamous 1938 radio program (75 years ago today) did not touch off nationwide hysteria. Why does the legend persist?

    5 Potential Market-Moving Events To Watch Ahead Of 2014 (Minyanville) Top 3 involves Congress. Wall Street went hat in hand for a bail out in 2008, now Washington holds the power over the markets.

    Why Taggers Hate Banksy (NYPost) Gallagher Banksy (Twitpic: Elayne Boosler)

  6. rd says:

    If Asia crashes, it is the Fed’s fault for seducing their bankers and businessmen into taking out US dollar loans:

    http://www.marketwatch.com/story/asian-crisis-looms-and-fed-is-to-blame-2013-10-30?dist=lcountdown

    Apparently, sophisticated people are no longer able to do appropriate risk evaluation and management for their businesses. Uncle Ben and Aunt Janet have to do that for them.

    Since the Fed is now responsible for taking care of the planet, they should at least be able to take credit for the reduction in US highway miles driven and its beneficial impact on CO2 emissions since their policies helped push oil and gasoline prices up which reduces demand for carbon-based fuels. Who would have thought that attempts to meet Kyoto protocols would have been led by the Federal Reserve.

  7. noncist says:

    Hungry in America: NYC soup kitchens are seeing the longest lines in 20 years.

  8. willid3 says:

    future for the US?

    http://finance.yahoo.com/blogs/daily-ticker/americans-adapt-lower-living-standards-170507936.html

    or
    http://qz.com/141097/the-dark-future-for-american-workers-is-still-flipping-burgers-not-freelancing/

    seems like just a fancy way to say that the US is headed down ward for the 99%, which will likely end up with a major change politically as many stop seeing much in the US that is favorable to them

  9. winstongator says:

    The wine shortage graphs are misleading. The Y-Axis is scaled so that the changes look more dramatic. I don’t think it is as big a problem.