My afternoon train reading:
• Weak Job Markets, Washington Rancor Mean No Taper in 2014 (MoneyBeat)
• Lifestyle ETFs and investment products based on belief systems (Reformed Broker)
• Bankruptcy industry getting a taste of its own medicine (Crains New York)
• Welcome To The Unicorn Club: Learning From Billion-Dollar Startups (TechCrunch)
• Shopping for a fund? Here’s how to find out what the fund prospectus won’t tell you. (WSJ) see also Some hedge funds are converting to mutual funds. Here’s why. (WSJ)
• Food stamps will get cut by $5 billion this week — and more cuts could follow (Washington Post) see also What it means to be “rich” in America (The Money Illusion)
• U.S. Set for Smallest Deficit in 5 Years (Real Time Economics)
• MIT Wristband Could Make AC Obsolete (Wired)
• Meet The Guy Who Drove Across The U.S. In A Record 28 Hours 50 Minutes (Jalopnik)
• ‘Smarter Than You Think,’ by Clive Thompson (NY Times)
What are you reading?
Breaking Down Big Banks’ Bargaining
Category: Financial Press
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