Before you get too involved in whatever, some morning reads:

• Speed Traders Meet Nightmare on Elm Street With Nanex (Bloomberg) see e.g. Shredding Virtu’s Response with Science (Nanex)
• Connecting the Academic and Policy Worlds: Interview with James Bullard (MacroMania)
• Artificial discounts abound, Black Friday and every day (WSJ) see also Black Friday Blues (Bloomberg)
• Effective Corporate Tax Rates (Economix)
• Another Bear, Tom McClellan Falls by the Wayside (Moneybeat) see also Hugh Hendry Throws in the Bearish Towel (Reformed Broker)
• Pope Francis Calls Unfettered Capitalism ‘A New Tyranny’ (Business Insider)
• Microsoft might be beating Google at retail. No, really. (Washington Post)
• The US has 43 nuclear power plants’ worth of solar energy in the pipeline (Quartz)
• Do You Love Malcolm Gladwell? You’re Reading Fairy Tales (New Republic)
• Top 10 Beach Towns In Winter (World Property Channel)

What are you reading?

 
Why is France better than Germany, Spain, and Italy? More young people.

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.

10 Responses to “10 Tuesday AM Reads”

  1. hue says:

    Are You Ready for Some Turkey? America’s New Thanksgivings New Tradition: Watching TV (Football) All Day Long (Quartz or AnnoyingFrames)

    Why Did 9,000 Porny Spambots Descend on This San Diego High Schooler? (The Atlantic)

    The Best of Vine Porn (Salon)

  2. rd says:

    The shark music from Jaws may be starting up again as the BTF earnings boats go along peacefully trolling for whales:

    http://www.reuters.com/article/2013/11/26/us-usa-mortgages-homeequity-insight-idUSBRE9AP05J20131126

    HELOCs are hitting the magic 10-year mark where principal needs to start being repaid and defaults are starting to mount. Since the banks didn’t sping HELOCs out as MBS’s, they are still sitting on the banks books with very little in the way of write-offs taken to date.

  3. farmera1 says:

    Twenty Future Trends (according to Business INsider): THE US 20: Twenty Huge Trends That Will Dominate America’s Future

    http://www.businessinsider.com/business-insider-us-20-2013-2013-11:

    Robots, the new economic geographic center of the US (think San Francisco), fewer marriages and more living alone, the changing energy landscape, high speed trading and last but not least the coming stagflation are some of the 20.

  4. > Microsoft might be beating Google at retail.

    I think Google has much work to do in the general area of customer service, at least based on my experience with their Nexus phones (great phones, not so great inventory management) and working with them – when you can reach them – on correcting Google business profiles and related apps. Still, I imagine they will eventually get their stores – which in my view are a must – up to snuff.

    There is a lot of irony in these retail stores, of course. And I have to say, Microsoft has great ones, and if you’re going to buy a Windows machine I would highly recommend them vs. online or a Best Buy for a variety of reasons.

  5. rd says:

    I am generally not a Megan McArdle fan, but I thought this column on bailing out Detroit is one of her better ones:

    http://www.bloomberg.com/news/2013-11-26/should-we-bail-out-cities-.html

    I live in NYS which has high taxes and generally quite a bit of wasted money on political patronage state corproations etc. However, NY has been fairly diligent in making sure that pension funds are at least dredibly funded. I am getting tired of hearing about states that keep touting their low tax rates and then end up way down the list on pension and other liability funding.

    Ultimately, states and municipalities make most of the decisions on what they promise, land use, and taxation within their boundaries. Unless there are fundamental national interests (navigable waterways, Interstates etc.), many of these local issues should be funded in the long-run by the states and localities.

  6. Anonymous Jones says:

    Not sure I want to be put on the Apologists-for-Gladwell side of the debate, but wow, was that review in the New Republic Kettleblacktastic.

    Here, I will cherry-pick from the review: “Far from being a forbidden truth, this is what everyone thinks.”

    “This is what everyone thinks”? Is that sarcasm? Or hyperbole to prove a point? Surely, the author cannot possibly believe that everyone “thinks” that. Or maybe he really does? I don’t know. But wow, is that a stupid sentence. Editors, please, edit! Oh my goodness.