Here is my afternoon train reading:

• How to Invest as Interest Rates Rise (WSJ)
• Why 2014 could be the most interesting year in technology in a long time (Quartz) see also Q&A with Marc Andreessen: Bubble Believers ‘Don’t Know What They’re Talking About’ (WSJ)
• Investors grow confident — or is it overconfident? — as stocks hit record highs (Yahoo Finance)
• Dr. Doomlove, or How Nouriel Roubini Learned to Stop Worrying (Businessweek)
• Hilsenrath’s Takeaways: Highlights From Bernanke’s Speech (WSJ) see also A Weekend of Fedspeak (Tim Duy’s Fed Watch)
• 30 Under 30 (Forbes)
• MIT Economist Seeks Facts in Health-Care Policy Debate (Bloomberg)
• Ronald Rubin: How the ‘Wolf of Wall Street’ Really Did It (WSJ) see also Leonardo DiCaprio Addresses ‘Wolf’ Controversy: ‘We’re Not Condoning This Behavior’ (Variety)
• This is Your Brain on Religion: Uncovering the science of belief (Salon)
• How Nobel-Winning Economic Theories Can Help Your Online Dating (WSJ)

What are you reading?

 

Millions See No Benefit From Soaring Stock Prices

Source: CNN

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.

8 Responses to “10 Monday PM Reads”

  1. Iamthe50percent says:

    The figures for race should be corrected for income. No doubt there is a racial effect (because of parental example) but (perhaps) most of the difference is accounted for by racial differences in income. The two variables need to be separated as they are not independent.

  2. willid3 says:

    oh oh

    dont look now but

    http://online.wsj.com/news/articles/SB10001424052702304887104579302681366721324

    HF traders are forming a trade group to protect their reputations. or fix it one.

    regulators cave? again?

    http://finance.fortune.cnn.com/2014/01/06/regulators-fold-volcker/

  3. cuprous says:

    But let this not blind you to the very real benefits these supposedly disenfranchised Americans see from the trickle-down wealth effect. Why just today I was feeling pleased with my holdings and tipped the man who cleaned my shoes an extra quarter!

  4. stonedwino says:

    80% of stocks are owned by the top 10%. Close to 50% is owned by the top 1%. Enough said…that’s over and above the pretty little graphs you posted. 90% of Americans have little IF ANY ownership in the stock market.

  5. willid3 says:

    so global warming is causing the wild cold weather?

    http://qz.com/163636/how-global-warming-can-make-cold-snaps-even-worse/

    strange but true?

  6. rd says:

    The US Army has been doing research on “toxic bosses” as an outcome of evaluating suicides by troops:

    http://www.npr.org/2014/01/06/259422776/army-takes-on-its-own-toxic-leaders

    While it is easier to get away from toxic bosses in the private sector than in the military, it is probably still a significant issue in many organizations.

  7. KevinM says:

    Re: How to invest as interests rise…

    If you’re going to base your strategy on rising interest rates, 10Y treasury options?
    “If x happens then y happens” simplified to “if x happens then x happened”.