Kick your feet up and relax a moment with these reads:

• Don’t let market pundits lead you astray (MarketWatch)
• Top hedge funds are taking a hit on the tech downturn. (WSJ)
• Rogoff talks financial crisis (Yale Daily News)
• The Rise and Fall of Gold (QuickTake)
• Mutual funds are bypassing IPOs and going straight for the main course (Quartz)
• Now is the time to rebuild our national infrastructure (Boston Globe)
• Seasoned home buyers approach purchasing process much differently, survey shows (WSJ)
• The complete guide to structuring your ideal work day (Quartz)
• The Many Deceptions at the Heart of the Internet (New Yorker)
• Why Yahoo’s Not Going To Steal The Search Default For iPhone Away From Google (Search Engine Land)

Here is a question for this Easter Sunday: What would Jesus read?


How to Spot a Market Bubble  
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.

14 Responses to “10 Sunday AM Reads”

  1. RW says:

    I’m not sure Jesus would approve.


    Another week heavy on the self-shootings. We have 40 total listings, and 21 of them involve people accidentally shooting themselves.

    Seven of our listings involved law enforcement officers, active duty military, or security guards. Their seven accidents wounded three and killed two, including the astonishing death of a Marine guard posted at the entrance to Camp Lejeune, NC, accidentally shot by the other guard with whom he was standing duty. …

    There were six child victims of GunFAIL in today’s compilation, ages, 4, 8, 9, two 11 year olds, and 17. And two kids who accidentally shot their siblings, including a 2 year old …. In our other standard categories, we find four target shooting accidents, three home invasion shootings, three gun cleaning accidents (and one gun “securing” accident, if you’re not full-up on irony yet), plus one guy who accidentally shot himself at an NRA event.

    Anyway, you get the gist. So without further ado, this week’s dishonor roll, below the fold.

    NB: “Home invasion” in this series refers to bullets entering a residence; a play on the argument that owning a gun is necessary for protection of the home.

  2. VennData says:

    Re the hedge fund article that had everybody on CNBC like Rick Santelli et al thinking that they were finally going to be “right” and they could finally begin to start calling it Obama’s market…

    “…In a previous investor communication, Mr. Citrone described the start of the year as a “perfect storm” of negative events for the firm. Macro-focused Caxton Associates LP, based in New York, also saw a reversal, dropping 3.5% for the month through April 15 and down 6% for the year, investor documents show. The $7 billion firm headed into the spring with its largest positions in short bets against developed and emerging markets currencies as compared with the U.S. dollar. Many funds are standing their ground…”

    Stand your ground Perfect Stormers!

    Good thing these hedgies got legacies into Harvard, or they’d be asking if you want brown or green sauce at Popeye’s.

    They teach math at Harvard anymore?

    CNBC ratings will start climbing in Q2. If they think it’s because of Rick Santelli yelling, Michelle C.C. sourpussing about Obama, or CME floor guys complaining about liberals, they will be wrong. That was all happening during their slide.

    • noncist says:

      They teach math at Harvard anymore?

      As a short answer to your question, no.

      In 2006, I tutored a 3rd or 4th year Harvard undergrad who was studying environmental policy or something like that. He was having trouble in one class with math questions similar to 2 / 3 = x/4. Stuff most high school students should know. You really can get a degree from Harvard (probably not in engineering) while barely knowing high school level algebra.

  3. VennData says:

    Jesus would be trying to figure out how to get young adults off their parents health insurance policies. You know, the ones they still have, intact, that no longer have lifetime caps.

    Jesus would be taking away health insurance from millions, making evil insurance companies give back those hundreds of millions in new premiums that are taxed because they can’t be held offshore under Reagan’s offshore asset squirrel ing rules.

    Jesus would be helping states who have refused to cover their citizens with Medicaid explain how it’s s actually making those who qualify, weaker, and even more sick.

    Jesus, would be asking for his shirt back.

  4. Bob is still unemployed   says:

    From the article about Yahoo’s search

    > Similarly, there’s been no signs that Yahoo is out busy crawling the web in order to build an index of all those pages

    I would disagree with that statement. I see Yahoo’s search spider “Slurp” in the logs for my web servers a lot. Yahoo *is* out there crawling the web. Yahoo has been out there crawling the web for a number of months.

    However, I tend to agree with the rest of the article, Yahoo’s got a high wall to climb before it can produce results that are on par with google, the current default search engine. So why should Apple switch if the results will not be at least as good as the current provider?

    Unless, of course, Apple is less concerned about the search results and more concerned about the money it pays to a competitor…..

  5. Molesworth says:

    How likely is it that we all misjudge one another and blither into another world war? Or a hugely destructive regional war? I expect the odds are tightening.

  6. VennData says:

    Rogoff talks at Yale… Wow….

    “..Rogoff …co-wrote an economics textbook used in Yale macroeconomics courses…”

    Anyone mathcheck that book yet?

    Yale, the mathlite MBA. The focus more on golf, oenophilia, and filling out club applications to raise money for hedge funds where, judging by the performance – and reverent belief in out performance – math isn’t really a big issue.

  7. VennData says:

    Facts have a liberal bias…

    “…The data journalism movement has resulted in a fierce backlash… because…facts, have a liberal bias…”

    This about sums it up

  8. swag says:

    I’ve been buying I bonds since they first came out (with that massive fixed rate component). That hasn’t been a mistake – it’s a nice, steady, turtlish undergirding to my overall portfolio. This guy is probably right – in May, rates on I bonds will pop (and they’ll be even higher for the older I bonds with the bigger fixed component) -

  9. hue says:

    The 40 Greatest Stoner Albums (Rolling Stone)

    What’s The Purpose Of The Universe? Here’s One Possible Answer (io9)

    don’t know what Jesus would read, but here are two of his tweets:
    On the heartbeat bug
    On YOLO

    And what is the deal with all the crosses?

  10. Jojo says:

    Mental Floss
    Where Did The Easter Bunny Come From?
    Matt Soniak

    The Easter Bunny is an anthropomorphic, egg-laying rabbit who sneaks into homes the night before Easter to deliver baskets full of colored eggs, toys and chocolate. A wise man once told me that all religions are beautiful and all religions are wacko, but even if you allow for miracles, angels, and pancake Jesus, the Easter Bunny really comes out of left field.

    If you go way back, though, the Easter Bunny starts to make a little sense. Spring is the season of rebirth and renewal. Plants return to life after winter dormancy and many animals mate and procreate. Many pagan cultures held spring festivals to celebrate this renewal of life and promote fertility. One of these festivals was in honor of Eostre or Eastre, the goddess of dawn, spring and fertility near and dear to the hearts of the pagans in Northern Europe. Eostre was closely linked to the hare and the egg, both symbols of fertility.

  11. Jojo says:

    Looking to get in shape for the summer?

    Many workout exercise posters here:

  12. Robert M says:

    “Rogoff said the mistake made by the U.S. and European governments was not realizing the crisis was going to last as long as it did.”
    Rogoff talks financial crisis (Yale Daily News)
    ? is the issue that the crisis was going to last as long as it did or were assumptions made based on other post WWII keynesian reactions to economic crisis’ and policy makers failed to take that into account? Looking at the u-4 charts of past recessions amd crisis’ as a proxy for real economic growth, that not paid for by rents and growth of capital, it is the latter. The reaction missed is government spending deliberately held up and tax cuts instituted.

  13. Robert M says:

    Jesus would have read the Bailout Nation, pulled out his whip and gone to Wall Street