My afternoon train reading:

• Echoes of 2000? Companies rush to list shares while the market is hot. (WSJ)
• Bill Ackman’s Hilariously Inept Astroturf Crusade Against Herbalife (Bloomberg View)
• Choosing a set of risk factors that will produce an expected result (Capital Spectator)
• Apple’s retail market share grows as RadioShack and Best Buy shrink (MacDailyNews) see also How much will CarPlay cost? (stratēchery)
• Why Are Wages Sticky? (Uneasy Money)
• What Happens When You Quit Facebook (Thought Catalog)
• The future of TV is coming into focus, and looks pretty great (Quartz)
• How the NFL Worked to Hide the Truth about Concussions and Brain Damage (Scientific American)
• Does happiness adapt? A longitudinal study of disability with implications for economists and judges (Science Direct) see also Time Does Not Heal All Wounds (SagePub)
• Cut to the Car Chase: A new movie nods to classic car movies (WSJ)

What are you reading?

 

Stocks Are No Longer Moving in Tandem With Broad Market

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 Monday PM Reads”

  1. willid3 says:

    some one else spending is your income?

    http://pragcap.com/keynesian-myths-and-misunderstandings

    seems simple doesnt it?

    • rd says:

      Initially I thought you were talking about my kids until I read the article.

      Seriously, we have park facilities near us that were built by the CCC in the 1930s. Those “socialist” expenditures gave income, housing, and dignity to people who didn’t have any of those at the time. They also have given multiple generations a lot of pleasure using the park facilities during the good times since then. Many farmers are using water for irrigation in this drought that was impounded in reservoirs constructed at that time as well.

      I think a generation or two from now, economic historians are going to look at this decade as a period of political insanity when government had the opportunity to rework the country’s infrastructure at rock-bottom funding costs while re-employing hundreds of thousands of people in the labor-intensive work and chose instead to do nothing.

      • 873450 says:

        Already two generations waiting for trickle down are wasted. Millennials born into a corrupted economy aren’t buying into it and it’s highly unlikely they’ll patiently wait another generation or two before they revolt. Hopefully it will be a peaceful revolution, but maybe not since Obama so badly disappointed them.

  2. RW says:

    OT: Even though it is rather hard to find for viewing, this video has still gone viral. This is frankly a bit gut-wrenching and it’s sometimes hard to figure out who is driving whom; the dogs will not stop, they won’t even slow down, but no matter how it’s sliced the physical exertion and skill required to stay on trail is extraordinary.

    Jeff King, Iditarod leader hard on trail

    Jeff King driving his dog team through the Dalzell Gorge near the Takotna, Alaska, checkpoint during the 2014 Iditarod Trail Sled Dog Race on Thursday, March 6

    NB: If Jeff holds on he’ll cross the finish line sometime around midnight give or take a bit. IIRC he’ll be one of, if not the, oldest winners of the race.

  3. intlacct says:

    Great articles on psychology of happiness.

  4. Chris Lee says:

    Since you asked.
    Snowden
    http://www.juancole.com/2014/03/snowden-undermining-cybersecurity.html

    Ukraine, why are the neo nazis protesting in the streets in the first place.
    http://www.juancole.com/2014/03/neoconservatives-comeback-ukraine.html

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