My morning reading:

• Why have markets ignored Washington risk? (FT.com) but see The Weird Reason Shutting Down Government Will Boost Growth (Businessweek)
• Return of the living dead, hedge fund edition (FT Alphaville)
• Why Most Traders Fail (The Reformed Broker)
Housel: The Most Important Thing Investors Should Remember During a Government Shutdown (Motley Fool) see also Shutdown won’t hit the economy right away, but when it does, here’s what that will look like (Washington Post)
After the Collapse: Taking Stock of the Key Players, Five Years Later (New York Observer)
• Rush of interest continues on insurance Web sites (Washington Post)
• Flying Blind: Data Held Hostage (Calculated Risk)
• Why jobs data sometimes misleads investors (Financial Post)
• Social Networks in a Battle for the Second Screen (NYT)
• How To Celebrate Thanksgivukkah, The Best Holiday Of All Time (BuzzFeed)

What are you reading?

 

Debt of various sectors
Chart
Source: The Liscio Report

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.

10 Responses to “10 Thursday AM Reads”

  1. zell says:

    The graph shows the financial sector going wild, taking the public with it as they abdicate their duty to be responsible lenders. A financial riot overseen by a Fed that doesn’t have a practical understanding of the economy, and the majority of the political class that loves to party.
    Debt/risk is transferred to the general public a segment of which did not willingly participate in the orgy.
    No surprise that there is increased alienation and bitterness.

  2. willid3 says:

    with folks like in DC, why do we think that the shutdown will be resolved soon?

    http://voices.suntimes.com/early-and-often/politics/the-one-quote-that-encapsulates-the-partisan-shutdown-feud/

    or that we wont be going over the cliff on the 17th ?

  3. willid3 says:

    no monthly jobs data this month

    http://www.ibtimes.com/no-us-september-jobs-report-friday-due-government-shutdown-labor-department-confirms-1414368

    guess we are trying to repeat the great depression management of the economy?

  4. willid3 says:

    hm, real life imitating TV?

    http://www.ibtimes.com/us-government-shutdown-over-obamacare-similar-episode-west-wing-report-1414266

    only TV was more reasonable? hard to believe but true

  5. VennData says:

    U.S. Is Number One Energy Producer

    http://online.wsj.com/article/SB10001424052702303492504579111360245276476.html

    So the “Drill, Baby, Drill” people were mis-characterizing Obama’s energy policy, is that it.

    Chalk it up to another GOP lie.

    • VennData says:

      Love the CR piece about the GOP trying to stop collecting data. Why do the GOP hate data and facts?

      Democrats. the pro-science party. I hope we continue to win people, I don’t want to live in an Afghanistan or Iran.

      What is wrong with the idiots who give money and votes to the GOP?

  6. ilsm says:

    Watching Fox News, captive of the set in front of the treadmill at the gym……

    In effect a lot of pentagon troughers will not be able to bill the government. Seems the Quality Assurance folks from DoD are among those furloughed, so no QA certs………………………..

    Fortunately, most of the ‘services’ bills are certified by military folks who are not doing any QA.

  7. DeDude says:

    Very interesting blog about what it is that we really are seeing in the current right wing attack on US

    http://historyunfolding.blogspot.com/2012/05/struggle.html

    When government fails to function it gets so much easier to take over a country. Many a takeover was initially welcomed because it “made the trains go on time”.