My afternoon train reading:

• Regulators Size Up Wall Street, With Worry (DealBook)
• Apple’s Original Mac Still Influences, 30 Years After Debut (Talking Points Memo) see also Apple quietly builds network capable of delivering large amounts of content to customers (WSJ)
• Cash Abroad Rises $206 Billion as Apple to IBM Avoid Tax (Bloomberg)
• Why keeping FINRA from ruling RIAs is critical to these firms, the investor — and even the U.S. economy (RIA Bizsee also An in-depth analysis of FINRA’s attempted takeover of RIAs and why the group should be disbanded, Part 2 (RIA Biz)
• The Sweet, Streaming Sound of Data (NY Times)
• The Imaginary Epidemic of Envy in America (NY Mag) see also The myths and realities of America’s debt (Fortune)
• Washington: A world apart (Washington Post)
• Here’s what happens when the readers choose the front page story (NewsWhip)
• Miracle-Gro Wants More People to Try Their Hand at Gardening (NY Times)
• 10 Rejection Letters Sent to Famous People (Mental Floss)

What are you reading?

 

Central Bank’s Guidance to Weaken Yuan Has Drawn Increased Cash Into Financial System

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.

8 Responses to “10 Thursday PM Reads”

  1. chartist says:

    BR, I read your comment that there’s no indication of a market top on Yahoo Finance. Well, that may be, but that bond market needs to be respected. And when do you say, yep that was a top: down 10 or 20 percent? The auto sector is breaking down and commodities have been cracking. You’re kind of reminding me of what my ex-wife’s divorce lawyer said to me – you need hit with a 2×4 to wake up and see what’s happening.

    • UP: Once that level is breached to the upside, it is no longer a top.
      DOWN: 20% is the standard bear market — once thats breached, I would say this was a top

  2. willid3 says:

    wall street will pick GOP presidential nominee? probably do the same for the democrats that way they can cover their bases.

    http://baselinescenario.com/2014/03/12/it-keeps-getting-better/

  3. MidlifeNocrisis says:

    RE: The myths and realities of America’s debt.

    I always get into these articles in hopes that I will find some truth without politics. Ultimately, it never fails that ideology and political philosophy trump true operational realities. When are people going to admit that we can never have (do not want) a permanently balanced budget in a country that is growing economically and gaining in population? The United States of America is not a household (currency user), it is the monopoly currency issuer (creator) of US dollars.

    • rd says:

      I believe Medicare begins at 65. I haven’t heard of an epidemic of unwanted pregnancies in that demographic group.