It’s finally starting to warm up, with temperatures a balmy 22 degrees. Here’s what I am reading this morning:
• Investors Are Chastened. That’s A Good Thing. (ProPublica), see also What’s That You’re Calling a Bubble? (Harvard Business Review)
• Support at Fed for Slow Stimulus Cuts (NY Times)
• The U.S. has a $7.25 minimum wage. Australia’s is $16.88 (WaPo), see also Income Growth Has Stalled for Most Americans (MoJo)
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.