May is over already? Where ever does the time go? (continues here)

• The U.S. Economy Had a Hiccup, Not a Heart Attack, This Year (Daily Beast) see also American shoppers find their lost wallets (WSJ)
• Have No Fear: Why Stocks Should Head Higher (Yahoo Finance)
• Ah, I see we are firmly in the “what if QE fails” stage of the debate… (FT Alphavillesee also Europe’s Bond Traders Confront Overhaul Seen Stricter Than U.S. (Bloomberg)
• How Justin Wolfers became a bright Aussie export (AFR)

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.

8 Responses to “10 Friday AM Reads”

  1. Willy2 says:

    “Shoppers found their lost wallets” ??

    The “Polar Vortex” has burned a hole in consumer’s wallets in the 1st quarter and now the consumer is supposed to “bounce back” ?

  2. VennData says:

    You want it fast. You want it right. Capture the essence of your angst in a professionally ghost written manifesto.. .

    http://www.huffingtonpost.com/2014/05/29/elliot-rodger-misogynist-manifesto_n_5412958.html

    Please contact this web site for information. Or stop by my booth at the Kileen Lone Star Gun show.

    http://www.lonestargunshows.com/locations/killeen-civic-conference-center/

    VennDa-dat-dat-dat-dat-data.

  3. VennData says:

    Last orders: Are hipster brewers up for sale?

    https://finance.yahoo.com/news/last-orders-hipster-brewers-sale-101543587.html

    The author of this article, Arjun Kharpal, does not not what a hipster is. Hipster’s drink Pabst Blue Ribbon.

    http://business.time.com/2013/05/26/after-pbr-will-the-next-great-hipster-beer-please-stand-up/
    http://www.urbandictionary.com/define.php?term=PBR
    http://www.huffingtonpost.com/2013/05/17/hipsters-pbr-beer-prices_n_3294536.html
    https://answers.yahoo.com/question/index?qid=20070903193409AAGV9bf
    http://qz.com/184372/how-pabst-blue-ribbon-became-a-billion-dollar-beer/

    Yahoo, how are you going to try to rekindle you cool when letting drivel like this out. Craft beers are hipster? Craft beers are an established, growing market segment of high-quality products. They are too expensive for hipsters.

    WTF are you talking about, Yahoo?

  4. willid3 says:

    one of the reasons for the soaring student debt?

    states not supporting public schools as much as before

    http://qz.com/214860/the-public-shame-of-soaring-us-student-debt/

  5. VennData says:

    From the “Have no Fear…”

    “I don’t think the VIX is adequately reflecting the real risk in the market,” said Gina Sanchez, founder of Chantico Global. “The problem is the VIX is concurrent. It spikes as the market crashes. That’s not really that helpful.”

    Wait! So free markets are not right?

  6. Jojo says:

    Want to gain nearly $1 trillion for the economy? That’s the justification for Google’s driverless cars. No humans at the wheel, no crashes anymore(?). Of course, anyone who drives for a living might be a bit disappointed. But hey, shed no tears for them. After all, everyone remembers how all those buggy whip manufacturing workers somehow managed to find other gainful employment when the automobile killed off their livelihood. Right? [lol]
    ============
    Vehicle Crashes Cost $871 Billion in a Year
    By THE ASSOCIATED PRESS
    MAY 29, 2014

    The economic and societal harm from motor vehicle crashes amounted to $871 billion in a single year, according to a study released Thursday by the National Highway Traffic Safety Administration. The study examined the economic toll of car and truck crashes in 2010, when 32,999 people were killed, 3.9 million injured and 24 million vehicles damaged. Those deaths and injuries were similar to other recent years. Of the total, $277 billion was attributed to economic costs — nearly $900 for every person living in the United States that year. Harm from loss of life, pain and decreased quality of life because of injuries was pegged at $594 billion. The safety agency produces such calculations about once a decade. The economic cost was the equivalent of nearly 2 percent of the country’s gross domestic product in 2010.

    http://www.nytimes.com/2014/05/30/business/vehicle-crashes-cost-871-billion-in-a-year.html

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