These reads will ease you back into your work week.

• Did Yellen intend to tighten policy last week? (Gavyn Davies) see also Investors Fret as Prospect of Rate Rise Gets Closer (MoneyBeat)
• Go Active for Bonds, but Index Your Stocks (Barron’s)
• Yes, Biotech is a Bubble. SFW. (Reformed Broker)
•  Kass: Tips from Coach Valvano; Nikkei Is a Dud (The Street)

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.

12 Responses to “10 Monday AM Reads”

  1. Bob is still unemployed   says:

    Los Angeles Cops Argue All Cars in L.A. Are Under Investigation (gizmodo.com)

    Do you drive a car in the greater Los Angeles Metropolitan area? According to the L.A. Police Department and L.A. Sheriff’s Department, your car is part of a vast criminal investigation.

    The agencies took a novel approach in the briefs they filed in EFF and the ACLU of Southern California’s California Public Records Act lawsuit seeking a week’s worth of Automatic License Plate Reader (ALPR) data. They have argued that “All [license plate] data is investigatory.” The fact that it may never be associated with a specific crime doesn’t matter.

  2. thomas hudson says:

    http://www.telegraph.co.uk/earth/energy/10716756/Biofuels-do-more-harm-than-good-UN-warns.html

    U.N. does reversal on biofuels…A leaked draft of a UN report condemns the widespread use of biofuels made from crops as a replacement for petrol and diesel. It says that biofuels, rather than combating the effects of global warming, could make them worse.

  3. dctodd27 says:

    Re: TRB’s post on Biotech bubbles – here is iShares’ description of the iShares Nasdaq Biotechnology ETF (IBB) current PE of 44.14:

    “Each holdings’ P/E is the latest closing price divided by the latest 12 months’ earnings per share. Negative earnings are excluded, extraordinary items are excluded, and P/E ratios over 60 are set to 60.”

    Unreal.

  4. VennData says:

    U.S. Intelligence Officials Believe Snowden Is Working With Russia

    Hero of the Soviet Union!​ Stop Amerika from knowing where I order my take out! (But it’s OK for Mastercard, Comcast, Chase, and the dot com platform that I app to get it to my hovel.)

    http://www.nytimes.com/2014/03/24/us/politics/us-intelligence-officials-believe-snowden-is-working-with-russia-lawmaker-says.html

    Your hero, the man who wants to free your mom from finding out you look at online porn is helping Putin, Bithead. Enjoy you Rand Paul solution.

    http://www.politico.com/magazine/story/2014/03/rand-pauls-foreign-policy-muddle-104852.html#.UzBjXfldWSo

    Go “Libertarean” Boy. You have no idea what the word even means.

  5. rd says:

    Viva Las Vegas

    http://online.wsj.com/news/articles/SB10001424052702303802104579455000745605352
    We will know that China’s property market is recovering when Blackstone has stepped in and bought entire Chinese cities to rent back to them.

  6. thomas hudson says:

    nate silver says GOP has 60% chance of controlling the senate after november:

    http://fivethirtyeight.com/features/fivethirtyeight-senate-forecast/

    of course, he also said mercer only had a 7% chance of beating duke:

    http://fivethirtyeight.com/datalab/dukes-lehigh-loss-was-bad-but-mercer-was-worser/

  7. rd says:

    Somebody please tell me that this proposed process is cheaper than just building better black boxes with much longer battery lives as well as periodic satellite uploads during flight. It appears to be more socialized losses and privatized profits.

    http://www.marketwatch.com/story/search-for-black-box-is-tricky-without-ocean-map-2014-03-24

  8. VennData says:

    New Jersey Lawmakers to make Christie accept Tesla.

    http://www.businessinsider.com/nj-lawmaker-clean-up-christie-tesla-mess-2014-3

    Christie blames others for denying Tesla

    “…New Jersey’s eight-member Motor Vehicle Commission, made up of members of Christie’s cabinet and others appointed by the Republican governor, voted unanimously March 11 to block Tesla from direct sales…”

    http://www.bloomberg.com/news/2014-03-18/christie-blames-n-j-legislature-for-tesla-ban-on-direct-sales.html

    What a GOP status quo kind of guy. Keep the entrenched powers strong, that’s Christie. What “leadership.”

    #TypicalGOPNonsense

  9. S Brennan says:

    Why do economists lie so often?

    Gregory Mankiw is a professor of economics at Harvard…NOT A SCIENTIST…but the first paragraph he says that he is. Gregory Mankiw is a liar.

    The conjurers of economics are ethically challenged practitioners of a failed theology..

    http://www.nytimes.com/2014/03/23/business/economic-view-when-the-scientist-is-also-a-philosopher.html?pagewanted=all&_r=0

  10. Bob is still unemployed   says:

    > as well as periodic satellite uploads during flight

    , and transponders that cannot be turned off by anyone on the plane.

  11. willid3 says:

    the FED is the source of all of economic issues. they lowered rates so that savers loose out, and they didnt create any jobs, only job creators can do that (that the 1% of course).

    long live the market !

  12. willid3 says:

    it seems that corporate America has found a way to increase their profits by not expanding their businesses.

    they buy back their stock instead?

    http://www.nakedcapitalism.com/2014/03/charts-show-wrong-american-capitalism.html

    which if course means lower sales. and long term will be a problem for them. but it might be a few years before the inevitable collapse happens.