My afternoon train reading:

• U.S. and European stocks surged, with the S&P 500 closing at a record high. (WSJ) but see On Fifth birthday, aging bull market may tire easily (WSJ)
• How five years of rock-bottom interest rates have changed Britain (The Guardian)
• A Semi-Defense of the Efficient-Market Hypothesis (Bloomberg View)
• Insurers will destroy themselves to nudge us into robot utopia (FT Alphaville)
• Highest Minimum-Wage State Washington Beats U.S. Job Growth (Bloomberg)
• Where Have All the Lobbyists Gone? (The Nation)
• Minimum wage hike would cut food stamp spending (Washington Post)
• 95% of bank ATMs face Windows XP security deadline (CNN Money) see also Microsoft’s Nadella Manages Legacy of Ballmer-Board Split (Businessweek)
• Are you using the wrong computer mouse? (WSJ)
• 2015 Mercedes S-Class Coupe leans into the good life (AutoBlog) see also Lamborghini Huracan Spearheads Supercar Assault in Geneva (Bloomberg)

What are you reading?


Silent Majority Is Actually Vocal Minority

Source: WonkBlog


Category: Financial Press

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4 Responses to “10 MidWeek PM Reads”

  1. Bob is still unemployed   says:

    A vast hidden surveillance network runs across America, powered by the repo industry (

    “Few notice the ‘spotter car’ from Manny Sousa’s repo company as it scours Massachusetts parking lots, looking for vehicles whose owners have defaulted on their loans. Sousa’s unmarked car is part of a technological revolution that goes well beyond the repossession business, transforming any ­industry that wants to check on the whereabouts of ordinary people.

    “An automated reader attached to the spotter car takes a picture of every ­license plate it passes and sends it to a company in Texas that already has more than 1.8 billion plate scans from vehicles across the country….”

  2. rd says:

    Similar to the pizza company that delivered durng the Oscars, here is free advertizing that money just can’t buy:

  3. VennData says:

    Minimum wage!? Minimum wage ?! Don’t give me any information ‘cuz I KNOW it’s stupid.

    • rd says:

      If they just work harder, they will earn more money. If they can shovel really fast, they can probably get into hedge fund operator territory.