My afternoon train reading:

• The Richer You Are the Older You’ll Get (Real Time Economics)
• Mom and pop are stepping up their trading. (WSJ)
• Checklist: How to Spot a Bubble in Real Time (TBP) see also Americans Are Still Idiots When It Comes to Investing (Fiscal Times)
• Mobile tie-ups hit right note for music streaming services (FT)
• Einhorn’s Greenlight Lost 1.5% in 1Q, Warns of ‘Tech Bubble’ (MoneyBeat) see also Bill Ackman Gets into the Hostile Takeover Business (Bloomberg View)
• Want to reboot civilization? What you’ll need (The Boston Globe)
• Does Putin Want a War? (National Interest)
• The Real IRS Scandal That’s Costing Uncle Sam Trillions (Perrspectives)
• Studies of Bloated CEO Pay Miss the Fattest Cats in America (Bill Moyers) see also Government = Protection Racket for the 1 Percent (Bill Moyers)
• GQ crowns Louis C.K. the ‘king of comedy’—but one can’t rule them all (Daily Dot)

What are you reading?



Ratings Firms Ride Bond Resurgence

Source: WSJ

Category: Financial Press

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14 Responses to “10 Thursday PM Reads”

  1. Bob is still unemployed   says:

    Ex-FCC commissioner to head CTIA in latest Washington shuffle (

    “The U.S. capital, surrounded by its famous ring road called the Beltway, is often criticized as an incestuous world of revolving doors between industries and the agencies that are charged with regulating them. Baker and Wheeler are not the first communications luminaries to move between government and industry groups. A former FCC chairman, Michael Powell, now heads the National Cable & Telecommunications Association. Julius Genachowski, who preceded Wheeler at the FCC, previously had been an executive at media and broadcasting conglomerate IAC.

    “More than 80 percent of FCC commissioners since 1980 have gone on to work for companies or groups in the industries they used to regulate, according to Timothy Karr, senior director of strategy at Free Press, a public-interest advocacy group on media and technology….”

  2. ilsm says:

    “National Interest?” Does Putin want war?

    Illegal is a strang term in terms of the voting in Crimea.

    Likely about the same as the US wanted war over dismembering Serbia in the 1990′s. Serbia is 6 times zones from Washington. Kyiv is closer to Moscow than Atlanta is to DC.

    15 years ago this week US was conducting its thrid (at least) bombing in Serbia this one dissecting the Kosovo part from Serbia.

    All of a sudden the US is opposed to breaking up countries!

    The question is how dumb are the chickenhawks in the US?

    Opposition to elections unifying countries is consistent with US actions in Indochina in 1954.

  3. VennData says:

    really Rand Paul? nice way to distract form your limp-wristed attitude toward Putin,

    Why not send Putin some of your Any Rand memorabilia in a pretty white box scented with lavender wrapped in a pretty pink bow?

    And speaking of stupid Republicans, do you GOPers still think it’s a good idea to let Kooks like Bundy and Ted Nugent be your heroes?

  4. willid3 says:

    housing wont help the US economy

    course without easy credit, and with too much enthusiasm, people bought houses they shouldnt have.

    now people dont want credit, and wont buy houses unless they are confident. and they aren’t for the most part.

    and the kicker, incomes havent risen.

  5. willid3 says:

    educated workers now work longer than those without? might that be because they are more likely to be temps? and now it seems that even in economically challenged Europe, the poor earn more than poor Americans. and middle class Canadians are wealthier than middle class Americans

  6. chartist says:

    CEO pay comes at the expense of shareholders. Shareholders are getting robbed. This is especially true in the case of Cisco Systems, imo. Companies do share buybacks then give the shares to top executives!

  7. VennData says:

    Commander-in-Chief Barrack Obama sends 173rd Airborne to Baltics.

    Anyone whose not behind him is not American patriot.

  8. idaman says:

    what I’m “reading” (actually listening to) -

    Apple’s earnings webcast

    listen to the first 5 minutes on Apple’s earnings webcast, then Microsoft’s.

    when done, compare their visions for the future.

  9. idaman says:

    VennData – I’m a liberal, but their are times, many times, I wish Obama had balls, any balls, even tiny balls.

    600 Paratroopers in Poland keeps Poland safe as Russia hurting one trooper would be a declaration of war on USA, and by treaty, NATO.

    But those Paratroopers won’t help Ukraine. Obama has given up on that.

  10. ch says:

    Per bubble metrics = US Treasuries fit