Good Monday morning. These are the items that will make the start of your week a little better informed:

Rising riches: 1 in 5 in U.S. reaches affluence (USA Today) but see also Cash is still king for affluent investors (FT)

• The Hubble bubble theory of the continuous expansion of the financial universe (FT Alphaville)

• WSJ vs NYT: Fed Closes In on Bond Exit (WSJ) but see Fed’s Plan to Taper Stimulus Effort Not Expected Until Next Year (NY Times)

Continues here

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.

9 Responses to “10 Monday AM Reads”

  1. hue says:

    Wage Subsidies (Noahpinion)

    How to stop the robots from taking all our jobs: A Q&A with Noah Smith (AEIdeas)

    Why Americans Are So Angry? (The Economist)

  2. RW says:

    Banks outperform the market, with regional banks pulling ahead

    …why all of a sudden we are seeing regional banks outperforming the overall banking sector. The answer has to do with the changing regulatory landscape…

  3. romerjt says:

    Somewhat partisan practice being a Brit – Matching Test
    A. Ted Cruz
    B. Bill O’Rielly
    C. Glenn Beck
    D. Tea Party platform
    E. Karl Rove, just before the Romney victory party.
    F. Job descriptor for female pundits @ Fox News
    G. House Republicans
    H. ACA web site roll out
    I. Congress
    J. Last Republican gov’t shut-down

    1. Argy-bargy: Quarrelsome, arguing.
    2. Balls-up: “Gone wrong”, a situation that hasn’t gone according to plan.
    3. Bollocks: Nonsense.
    4. Catch flies: To sit with one’s mouth hanging open.
    5. Cock up: Make a mess of something. “He really cocked up his job interview when he mentioned that he’d shagged the boss’s daughter.”
    6. Crumpet: A sexually desirable person.
    7. Lost the plot: Lost one’s mind/gone senile. “My great-uncle thinks he’s an admiral with the United Federation of Planets, but of course, he lost the plot years ago.”
    8. “Mad as a bag of ferrets”: Utterly and completely insane.
    9. Sausage fest: An event that has a disproportionate amount of males to females… like a comic convention.
    10. Smarmy: Creepy, sleazy.

  4. SkepticalOx says:

    @BR: I saw a Star Trek posted this weekend/Monday on my RSS feed, that seems to be gone now (or broken link)? Can you check?

  5. farmera1 says:

    Don’t know what to say. Summer’s seems to think we need more bubbles. I think that governments often don’t survive bubbles/run away inflation and the resulting mess. To think Summer’s was really close to being the FED chairman. WOW.

    Larry Summers on Why Our Economy Needs More Bubbles