My afternoon train reading:
• Nearly 50% Of All Home Sales Now Cash, As Institutional Investor Activity Hits New High (Forbes) see also Families Blocked by Investors From Buying U.S. Homes (Bloomberg)
• 5 signs the market bulls are wrong (MarketWatch)
• Treasuries Risk Shown as Fed Distorts Stocks Correlation (Bloomberg) see also In Fed and Out, Many Now Think Inflation Helps (NY Times)
• Krugman’s Theory of Interstellar Trade (Scientific American)
• Happy Centennial, Federal Income Tax (Economix) see also Reagan Revolution Misses Tax Fiefdoms Flourishing in U.S. (Bloomberg)
• Greenspan Has Left the Building by J. Bradford DeLong (Project Syndicate)
• A meeting at a posh Caribbean resort led to a friendship that would later form the foundation of a 15.6% stake in Twitter (WSJ) see also Kass: I’d Pay $32.50 a Share for Twitter (WSJ) Takeaway: Kass should spend more time in Caribbean
• Everybody Knows You’re a Dog (Boing Boing)
• Apple Sales Set to Show Mobile Shift Lifting Tech (Bloomberg) see also Why Apple should tell Carl Ikahn to go jump (WSJ)
• Kareem: How Boys Become Men (Esquire)
Whats are you reading?
Booms & Busts
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.
6 Responses to “10 Monday PM Reads”
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