My afternoon train reading:

• What a bond bear market really looks like (MarketWatch)
• Closer to the Top than the Bottom (Reformed Broker)
• The Best Way to Learn As an Investor (Motley Fool)
• Rolls-Royce Drone Ships Challenge $375 Billion Industry (Bloomberg)
• America’s Hottest Housing Market Has Suddenly Cooled Down (Real Time Economics) see also America’s Weird, Enduring Love Affair With Cars and Houses (The Atlantic)
• Six Economic Initiatives the White House Will Push in Its Next Budget (Real Time Economics)
• Red-Light Cameras Click Less as Cities Get Orwell Off Road (Bloomberg)
• Can an Audacious Plan to Create a New Energy Resource Help Save the Planet? (New Yorker) see also Climate Boomerang: Small Volcanoes Restraining A Much Faster Warming Planet, For Now (Think Progress)
• Trolls just want to have fun (Science Direct)
• Ebert’s Groundhog Day Review (1993) (Roger Ebert)

What are you reading?



Money Is Pouring Into Continental Shares as U.S. Funds See Outflows

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 PM Reads”

  1. VennData says:

    “…The Chicago institute, called DMDI, is a consortium of 73 companies, universities, nonprofits, and research labs which aim to enable interoperability across the supply chain, develop enhanced digital capabilities to design and test new products, and reduce costs in manufacturing processes across multiple industries…”

    First Ellen at U of I, now this.

  2. Stock Soup says:

    Dark Tetrad

    I thought I was reading The Onion.

    They’re trying to sell that for 35$, is that for real??!?

  3. alonzo says:

    Trolls are sadists!
    Ritholtz right again.

  4. thatguydrinksbeer says:

    The Fallacy of the Gambler’s Fallacy:

  5. raholco says:

    Thanks for the Groundhog Day link.

  6. mick says:

    that isn’t ebert’s 1993 review but one he wrote later–i think it says 2005. he says he didn’t see the movie’s greatness originally.

    • Yes, Groundhog Day is from 1993.

    • rd says:

      Its a Wonderful Life didn’t become great until 30 years after it was made and its copyright lapsed. It was always Capra’s and stewart’s favortie film that they made, but it took decades for people to understand how good it was. Groundhog Day had a shorter aging in the cellar but a similar trajectory. As Ebert has commented several times, one of the key signs of movie greatness is if you enjoy it more, the more you watch it. Groundhog Day, Casablanca, It’s a Wonderful Life and others fit into that category.

  7. Crocodile Chuck says:

    Nuclear fusion – only forty years away! *

    * its been ’40 years’ since I was a kid in short pants in the 1960′s

  8. rd says:

    Re: Weird Enduring Love of Cars and Houses

    The unrelenting focus on “investing” in depreciable assets that requires maintenance is probably the primary reason why we are hearing so much gnashing of teeth and wailing about people unprepared for retirement. Keeping housing costs less than 25% of income and keeping cars for 10 years on average has been a major key in our ability to save over 15% or more of our household income each year, even while putting kids through university.

    While there is a lot to complain about with student loan debt, I suspect it will radically change the spending habits of the Millenials in their first 10 to 20 years out of college so that they won’t be spending lots of money on houses and cars. Once their student debts are paid off, they may retain those spending habits and be able to save more for the rest of their lives. There may be a silver lining to that dark cloud when you look at it over a lifetime.