Good short week Monday: Some reads to start off your holiday shortened week:

• Confusing Fear Bubbles with Stock Bubbles (Investing Caffeine) see also Short sellers have had a miserable year as the stock market has hit record highs (WSJ)
• The Secret Science of Stock Symbols (New Yorker)
• How the Media Blows Bubbles (Motley Fool)
This should start a nice fight: Does Chart Analysis Really Work? (WSJ)
Columbia Journalism Review: A bogus NY Post piece sets off a frenzy on Unemployment (CJR)
• Global gas revolution starts to take shape (FT) see also In New Energy Era, Gushers of Opportunity (WSJ)
• Reddit’s wild plan to make Black Friday less terrible this year (Daily Dot)
• Gut Bacteria Might Guide The Workings Of Our Minds (NPR)
• The Battle For The Connected Home Is Heating Up (TechCrunch)
• James Bond Fan Art Posters (Behance)

What are you reading?


Some Stock Bulls Tread Lightly Into 2014

Source: WSJ

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.

12 Responses to “10 Monday AM Reads”

  1. Bob is still unemployed   says:

    Do you know more about the news than the average American? The News IQ Quiz, 13 quick questions. (

  2. hue says:

    Politico’s Mike Allen Goes Native, Advertising Pioneer (WaPo)

    Soft Power, Making Up: In the Bush years America seemed overmighty. It is now pulling back (The Economist)

    STFU, Pleaz: Speech Jamming Gun (ExtremeTech)

  3. rjw3e says:

    When I observe the euphoria (anti-euphoria, blind buying?) in the market I do not see fundamental strength supporting the upward momentum in prices. We’ve largely seen the P/E ratios go up over the past year with little supporting any sort of long term recovery in the economy. The US market is clearly expensive. So call it bubble or a metaphor for liquidity or whatever you want to call it. It’s not real. Time will show that the fundamentals are a better reflection of value than the price at any moment for any asset, so either the fundamentals have a lot of catching up to do, or the market has a leg down coming. I call that a bubble, or better yet, a hubble (a hope driven bubble).

  4. RW says:

    A number of the Robert’s SCOTUS decisions passed by conservative majority are doing damage to the nation that will compound over the years: Citizen’s United and a weakened Voting Rights are helping to kill democracy but making the ACA Medicaid expansion a state option will kill more people.*

    The South’s New Lost Cause

    What we could see, 10 years from now, is a Mason-Dixon line of health care. One side (with exceptions for conservative Midwest and mountain states) would be the insured North, a place where health care coverage was affordable and available to most people. On the other side would be the uninsured South, where health care for the poor would amount to treating charity cases in hospital emergency rooms.

    *It will also make states that refuse the expansion less profitable for health and related businesses and more expensive for people and small businesses needing individual coverage.

  5. willid3 says:

    more MERS

    only problem here is usually blaming programmers for how a system functions. usually not their call. its those who paid the bill (in MERS case, probably wall street and others). course if you hire a contractor to do all the work, you should at least make sure they have a history of being able to do what you are asking right? but then, thats not just a government ‘failing’. business does that just well.

  6. rd says:

    It appears that Boehner’s previous healthcare coverage was heavily subsidized by the government:

    I assume that he is much happier today knowing that he is no longer subsidized by the government for his healthcare insurance so he has the possiblity of viewing himself as a “maker” now instead of a “taker”. Of course, the latter category may require that he forego all forms of government support. We will wait to see with bated breath how he will proceed with that prospect.

  7. RW says:

    From a cost/benefit as well as philosophical standpoint I would have preferred single payer but Obamacare did (and does) provide more opportunities for investment and, eo ipso, profit so …

    Investors love Obamacare

    Some of the most unpopular policies often create tremendous opportunities. Take the Affordable Care Act for example. While the public is complaining bitterly about this legislation, some investors will be (or already have been) profiting handsomely.

  8. VennData says:

    Katy Perry’s geisha-inspired AMAs performance stirs controversy

    ​.”..The number triggered a flurry of tweets from viewers, many of whom accused Perry of appropriating Japanese culture and perpetuating harmful stereotypes of Asian women…”​

    ​Tell the broad who wears whip-cream-can bullet bras to stop perpetuating myths about Asian women!

    ROFL! i got an idea: what the fuck are you watching that shit on TV for?