Hey now  (Continues here)

• Emerging markets that sold off as recently as this winter are coming back (WSJ)
• A rally in U.S. and European government bonds sent yields to fresh 2014 lows (WSJ) see also Bond yields plunge to 2014 lows (USA Today)
• It’s Quiet Out There: “600 Days Without a 3% Daily Change” (Climateer Investing)
• Brokers, Liquid Alts and the Fund That Never Goes Up (Reformed Broker)

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 Thursday AM Reads”

  1. RW says:

    The Great Recession’s “biggest policy mistake”

    …households didn’t get the kind of attention that big banks got. Instead, Americans were forced to mostly rebuild on their own, and this is a primary cause of the ongoing, slow recovery. It would have still taken time to recover even if households had been helped the way banks were helped. A nation can’t quickly dig out of a recession that’s so deep — but it didn’t have to take as long as it has.

    NB: Certainly can’t disagree except I would add that the intellectual incoherence and moral collapse of elites AKA Austerianism which fostered and justified the grossly premature ‘pivot’ to deficit reduction compounded a serious policy mistake into an utter catastrophe for millions of American citizens.

    • willid3 says:

      just goes to prove who some work for.

      the austerians really didnt want to help, they really wanted to make every thing worse as long as they could blame some one else for it

  2. Jojo says:

    I was impressed by Snowden during Wednesday’s interview with Brian Williams. The interview is well worth watching. IMO, he is indeed a patriot.
    Edward Snowden’s interview: 10 things we learned
    By Catherine E. Shoichet, CNN
    updated 8:26 AM EDT, Thu May 29, 2014

    * Former NSA contractor Edward Snowden speaks to NBC’s Brian Williams
    * He says he considers himself a patriot, and that he was trained as a spy
    * Snowden says he’s surprised he ended up in Russia
    * He says he has no ties with the Russian government and doesn’t like some of its policies

    (CNN) — Traitor or patriot? Low-level systems analyst or highly trained spy?

    Slammed by top U.S. government officials and facing espionage charges in the United States, former National Security Agency contractor Edward Snowden described how he sees himself during an interview with NBC “Nightly News” broadcast Wednesday. And he defended his decision to leak documents about classified U.S. government surveillance programs.

    We’ve heard from Snowden a few times before, but the NBC interview with anchor Brian Williams inside a Moscow hotel was his first on an American television network.

    Here are 10 key points from the interview with the 30-year-old former NSA contractor:


    • rd says:

      I would have sympathy for Snowden if he had only copied and released a tiny percentage of the material he took and is getting published. He could have gotten the message across as a whistle blower with just a few examples. Copying entiring databases and releasing them shows an utter tone-deafness and gives the US no option but to prosecute under the Espionage Act. i agree with the basic points he was attempting to make but not with using a fire-hose to deliver it.

      He is the one who dumped the stuff after fleeing the country. What did he expect would happen, other than end up in some place like Russia or Somalia? I don’t think he had anything resembling Jason Bourne’s training in evasion and hiding and even he would get found in the books and movies because of minor slip-ups.

  3. Jojo says:

    And a lot of what Snowden has brought to light may have already been well-known by intelligence agencies worth their salt, thanks to simple human nature.
    NSA contractors use LinkedIn profiles to cash in on national security
    Employees and job seekers share surprisingly revealing spy project names in public posts on professional networking site

    May 29, 2014 5:00AM ET
    by Joshua Eaton

    NSA spies need jobs, too. And that is why many covert programs could be hiding in plain sight.

    Job websites such as LinkedIn and Indeed.com contain hundreds of profiles that reference classified NSA efforts, posted by everyone from career government employees to low-level IT workers who served in Iraq or Afghanistan. They offer a rare glimpse into the intelligence community’s projects and how they operate. Now some researchers are using the same kinds of big-data tools employed by the NSA to scrape public LinkedIn profiles for classified programs. But the presence of so much classified information in public view raises serious concerns about security — and about the intelligence industry as a whole.

    “I’ve spent the past couple of years searching LinkedIn profiles for NSA programs,” said Christopher Soghoian, the principal technologist with the American Civil Liberties Union’s Speech, Privacy and Technology Project.

    After The Washington Post revealed details about the NSA’s Marina, Mainway and Nucleon databases on June 15, 2013, Soghoian tweeted out the results of one such LinkedIn search.


    • Iamthe50percent says:

      This is a natural result of using contract spies and not career public servants. But then big political donors wouldn’t get there reward, would they?

  4. willid3 says:

    fishy business in the Caymans? how do a few companies earn 51 billion in an economy that earns at most 6 billion???


  5. rd says:

    Measles cases in the US are at a 20-year high and rising. For some inexplicable reason, 90% of the cases are occurring in unvaccinated people. Worldwide, measles has about a 0.5% mortality rate with other side-effects occuring in non-fatal cases. With these vaccinations being commonly available and inexpensive, non-vaccinators are candidates for Darwin Awards. The shape of the curve indicates that measles could be heading towards epidemic proportions if there is a large enough unvaccinated population to spread it around the country at this time.