My end of week reads:

• Wait, wasn’t Twitter supposed to be dead by now? (Splat F) see also The Hidden Technology That Makes Twitter Huge (Business Week)
• Unbiased Return on Art (CXO Advisory)
• 20 Years of Sears: Forlorn Stores, Happy Investors. Thank Spinoffs (Yahoo)
• Information, Good and Bad (Adam H. Grimes) see also You can’t trust what banks say about rates for borrowing, swaps, currency or oil (Quartz)
• Take fewer risks for greater rewards (MarketWatch)
• Fed won’t pull punch bowl at Ben Bernanke’s big party (WSJ)
Shiller: Is Economics a Science? (Project Syndicate)
• How a secretive panel uses data that distort doctors’ pay (Washington Post) see also A closer look at the WSJ’s newest Obamacare horror story (LA Times)
• Google Gives a Hint About Its Mystery Barges (NY Times)
• How money can buy happiness, wine edition (Felix Salmon)

What are you reading?

 

QE vs Inflation

Source: NY Times

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.

17 Responses to “10 Friday AM Reads”

  1. cbatchelor says:

    We learn more and more about this “Bloomberg View” thing:
    NY City Mayor Michael Bloomberg will return to Bloomberg LP after he leaves City Hall at the end of the year, and will be focused particularly on the company’s opinion site Bloomberg View, according to people familiar with the matter….
    http://online.wsj.com/news/articles/SB10001424052702303763804579182283204868064
    also see
    http://www.capitalnewyork.com/article/media/2013/11/8535598/michael-bloombergs-post-mayoral-day-job-will-be-bloomberg-view?top-featured-3

  2. hue says:

    Innovative States Aren’t Low-Tax States (BusinessWeek)

    Return of Animal Spirits (Kass: TheStreet)

    The Most Emailed NYTimes Article Ever (The Awl)

  3. RW says:

    Of course it isn’t Obama’s market now any more than it was Reagan’s market then; just rattling the cage.

    Obama’s Quiet Bull Market Charges Past Reagan-Era Gains

    From: “Barry” {Barack H. Obama / POTUS}

    To: Ollie North; Gordon Gekko; Gary Numan; 1986 Bears; Keating Five; Max Headroom; Ivan Boesky; Phil Donahue; Philip Michael Thomas; Baby Jessica; Randolph and Mortimer Duke (72 more)

    Bcc: Julie E. “Tawny” Kitaen; Yes (Owner of a Lonely Heart)

    Subject: Won one for the Gipper …

    ————–

    Hi,

    Happy October.

    • VennData says:

      Well if that’s what you said then.

      You see what the GOP has told us all along is that Obama is bad for capitalism, bad for America, that he is ruining the country. The market thinks the GOP is wrong.

      But that’s not going to let them stop lying to people.

      http://tv.yahoo.com/news/cbs-admits-error-benghazi-60-minutes-story-144003906.html

      When a right winger says something, make sure you get all the facts before becoming as emotionally involved as they are.

      The GOP Media Machine is being overwhelmed by Social Media shoving the lies back their faces.

  4. RW says:

    Might as well emphasize this (once again) because it doesn’t look like anyone who really matters in the bond markets was paying much attention anyway; the move in French yields was so small there was no way to play it profitably either way dang it.

    Ideological Ratings

    So S&P has downgraded France. What does this tell us?

    The answer is, not much about France. It can’t be overemphasized that the rating agencies have no, repeat no, special information about national solvency — especially for big countries like France. …

  5. rd says:

    The goal of the deficit hawks is becoming clearer – the object is to recreate Calvin Coolidge’s presidency to recreate 1929.

    http://www.marketwatch.com/story/calvin-coolidge-transformed-the-economy-can-we-2013-11-08?pagenumber=1

    We made one serious run at recreating Coolidge’s presidency in the 2000s but some unfortunate war spending etc. got in the way of the deficit reduction part. The attempt to fully recreate the “creative destruction” of 1929-1932 was also cut short by a bunch of liberal academics at the Fed.

    However, we still have the opportunity to take another run at the miracle of 1929 to see if we can go all the way once Helicopter Ben is replaced.

  6. willid3 says:

    seems like southern stats have more problems with education

    http://www.washingtonpost.com/blogs/govbeat/wp/2013/11/07/students-in-a-broad-swath-of-the-south-lag-the-nation-in-reading-proficiency/

    wonder why?

    airfares lower?

    http://www.reuters.com/article/2013/11/08/us-airfares-decline-fees-idUSBRE9A70HH20131108?feedType=RSS&feedName=PersonalFinance

    not really as fees are making up the difference and then some. guess airlines have learned from banks and wall street where the money really is.

  7. willid3 says:

    that privacy thing? we sold it for next to nothing. course we seem to be more up in arms when the government does it, than when private business does it.

    http://www.slate.com/articles/technology/future_tense/2013/11/reputation_economics_privacy_isn_t_a_right_it_s_a_commodity.html

  8. 4whatitsworth says:

    Interesting point on the cost of debt and a nice graph on the maturity of the debt.

    http://www.businessinsider.com/interest-expenses-and-profit-margins-2013-11

  9. rd says:

    A fascinating look at the role of churches in the disucssion about Obamacare in the Bible Belt states:

    http://religion.blogs.cnn.com/2013/11/08/the-obamacare-question-pastors-shun/?hpt=hp_c2

  10. willid3 says:

    is this also one of the reasons for a extremely slow recovery?

    http://www.nakedcapitalism.com/2013/11/student-debt-is-crushing-young-peoples-economic-future.html

    along with low wage jobs (not new. happened all decade long, probably before too), and this isn’t driven by DC. its driven by the states. they cut support for colleges. and colleges raised rates because of it. and with fewer high paying jobs, along with lower spending from DC, and recovery by the entire private sector and consumers, you end up with a much slower economy. especially with 70% of activity is from consumers.