My afternoon, pre-Turkey Day reading:

• Who’s good at forecasts? (nobody) (Economist)
• The Warren Buffett Wannabe Index (Barron’s)
• Mr. Market’s Asset Allocation Is Still Tough To Beat (Capital Spectator)
• Japan to spend about 1 trillion yen on public works for stimulus (Reuters)
• Trading in Gold: The Secretive Dealings of One of the World’s Richest Industries (Vanity Fair)
• Pope Francis has a few thoughts about the global economy. We added these 13 charts. (Washington Post)
• 8 Subconscious Mistakes Our Brains Make Every Day–And How To Avoid Them (Fast Company)
• GoldieBlox picks an unfair fight with the Beastie Boys (Columbia Journalism Review) see also GoldieBlox, fair use, and the cult of disruption (Felix Salmon)
• 2013 Winners – Information is Beautiful Awards (Information Is Beautiful)
• Here Are Your Holiday Airline Travel Tips … From the Hulk (Wired)

Travel Safe!



food stamp holiday shopping
Source: Bloomberg Brief

Category: Markets

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.

9 Responses to “10 Wednesday AM Reads”

  1. RW says:

    Sequester Watch, #32

    Our 32nd edition of sequester watch features stories about defense cuts, scientific research, and furloughs at a Portsmouth, NH shipyard.

    There’s also a lot of pick up of a piece by the Center for American Progress on how sequester cuts will be deeper in 2014 than 2015. …

    Stephen Roach is Badly Confused About China and the United States

    Stephen Roach managed to get the basic economics 180 degrees backwards in his discussion of China’s turn to a more consumption based economy and its implications for the United States …

    In the current situation, increased net exports (i.e. fewer imports) could mean more employment and output, in other words a rise in the U.S. standard of living.

  2. hue says:

    Offshoring Wind Energy (BusinessWeek)

    Google Computers Outwit Their Creators (The Register)

    The Free Safety (Grantland) Tyrann Mathieu is now neither a legend nor a cautionary tale.

  3. Jojo says:

    Thanksgiving Facts Roundup
    Daven Hiskey November 27, 2013 1

    For those of you in the United States who are about to celebrate Thanksgiving and want to look particularly knowledgey at your family get-together tomorrow, here is a roundup of all the Thanksgiving related articles we’ve made here at TodayIFoundOut for you to peruse. Or, you know- don’t. But when there are awkward pauses in the conversation at your Thanksgiving parties, you’ll have only yourself to blame. ;-)

    Sarah-hale The Author of “Mary Had a Little Lamb” was Largely Responsible for the Establishment of the United States’ Thanksgiving Holiday and Most of What We Traditionally Eat During It

    Sarah Josepha Hale, one of the great women in American history, campaigned for nearly 20 years to get Thanksgiving made a national holiday. It previously was only celebrated, as we think of it, in New England;

  4. franklin says:

    Mr. Ritholtz,

    Any thoughts on the debt service ratio bouncing at 33 year lows (in a declining real wages environment to boot!). Will a reversal fuel the next leg of the rally? Is it a structural change from boomers reducing debt as they near retirement? Nothing more than the most underwater homeowners declaring bankruptcy?

  5. willid3 says:

    sort of regulation?

    if you are in the stock or bind market maybe you should be concerned. since the SEC is mostly absent, and nobody else is present, that means the game can easily rigged against you.

  6. willid3 says:

    thought toll roads were supposed to save tax payer money? think again

    if the traffic on the roads isnt what was predicted, states could be on the hook to make up the difference. for decades