My afternoon train reading:
• Rocket Fuel (The Reformed Broker)
• How now, Dow Theory? (MarketWatch) see also Looking For Value… In Price Signals? (Capital Spectator)
• The Nobel committee is muddled on the nature of economics (John Kay)
• When the Financial Past Is Not Prologue (NYT) see also Is diversification dead? Not by a long shot (CBS)
• Wall Street Hires Losers Turned Winners After College Athletics (Bloomberg)
• ‘Corrosive’ Political Conflict Is Holding Back U.S. Growth (Real Time Economics) e.g., Home Shoppers Kicking the Tires, But Delaying Deals (Real Time Economics)
• The Anti-Sorkin crew grows louder: The “people who matter” support Jamie Dimon at JPMorgan (LA Times)
• Stop Fretting: The Debt-Ceiling Crisis Is Over! (New York Magazine) see also Is the debt ceiling finally dead as a weapon? (The Economy Hub)
• A City’s Twitter Bet Pays Off as IPO Boosts Millionaires (Businessweek)
• The Truth About Obamacare and the Insured (The Eichen-Blog) see ironically More Republican Districts Have Low Health-Coverage Rates (Bloomberg)
What are you reading?
How the .0001% Made its Money
Category: Financial Press
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