My afternoon train reading:

• Is This a Bubble? (WSJ) see also Actually, Economists Can Predict Financial Crises (Bloomberg)
• Wealthy nations pledged billions to help the poor adapt to climate change. So where did it go? (Washington Post)
• Cutting Finance Down To Size (Slate)
• Treasury Arm Gets Earful From Asset Managers (WSJ) see also The Brain Drain From Finance (Points and Figures)
• Lunch with the FT: Henry Blodget (FT) see also Blodget, Grilled: Former Analyst Turned Journalist/CEO Reveals All In Dramatic Interview (Business Insider)
• Why No Bankers Go to Jail (Bloomberg)
• Japan Pitches Americans on Its Maglev Train (NY Times) see also Burkhard Bilger: Inside Google’s Driverless Car (New Yorker)
• The myths of Obamacare’s ‘failure’ (LA Times) see also Wonkbook: Change is painful. But the health-care status quo is a complete disaster. (Washington Post)
• Slate’s Complete Guide to Winning The Price Is Right—Without Knowing Any Prices (Slate)
• Why Did Snapchat Turn Down Three Billion Dollars? (New Yorker)

What are you reading?


The Future Requires (Better) Batteries

Source: WSJ

Category: Markets

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4 Responses to “10 Monday PM Reads”

  1. Molesworth says:

    Breaking News! U.S. Equity Market Overvalued!
    Ben Inker
    Ignoble Prizes and Appointments
    Jeremy Grantham

  2. RW says:

    Sequester Watch, #30 & 31

    We’re combining two weeks of SW, and an important theme as we head into next year is what does 2014 hold in store for agencies and their programs in terms of sequestration cuts? Among those who think about such things, there’s sometimes an assumption that there will be “no new negative fiscal impulse.” That is, the sequester cuts the same amount last year in 2013 as in 2014, so while we’re stuck with a lower baseline (or, if you’re enamoured of mindless budget cuts, we’re “enjoying” a lower baseline).

    Not so, for a few reasons. First, the defense caps are about $20 billion lower next year …Second, non-defense discretionary outlays are expected to fall $12 billion in 2014, as Suzy Khimm reports below. …

    So excuse me if I’m not anxious to just settle into a new normal that assumes we can happily live with another year of sequestration.