My afternoon train reading:

• Record-high stocks: How worried should investors be? Here’s how worried. (WSJ) see also Tranquil markets are enjoying too much of a good thing (FT)
• The 35 economics charts from May you really should see. (Quartz)
• The real reason hedge funds have been underperforming (Term Sheet) see also Ziff shuts down hedge fund, shift way wealth is managed (WSJ)
• Rules of the Fund Road: Watch the Fees, and Don’t Look Back (NY Times)
• Adam Smith vs. Keynes and Minsky (Bloomberg View)
• How robots are getting smarter, from navigating on their own to learning by doing (WSJ)
• Is Silicon Valley the Future of Finance? (NY Mag)
• Why the Republican Party Attracts Provocateurs, Faux Martyrs, and Grifters (Slate) see also The Vacant Soul Of John McCain (Esquire)
• Is Global Warming Real? Most Americans Say Yes (NY Times)
• The Skills of Leonardo Da Vinci (Farnam Street)

What are you reading?

Measles Cases in the US are at a 20-Year High.  Thanks Anti-Vaxxers.

Source: MoJo



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.

7 Responses to “10 Monday PM Reads”

  1. rd says:

    Pragmatic Capitalism posted an interesting analysis by AllianceBernstein of bond yields based on the willingness of pension funds to pay insurance regarding bond volatility. I think the big question in the analysis is whether or not 4% GDP nominal growth is a reasonable number looking out 2-3 decades covered by a 30-T-bond. An extended period of GDP growth significantly below 4% could see the 30-yr T-bond drop below the current 3.4% based on this analysis. What is the probability of that? AB seems to think it is low.

  2. gman says:

    El Arian does not appear to have actually read smith. Smith was not always complete emh guy.

  3. RW says:

    The Esquire article on John McCain was spot on but also a real howl viz “…in his unsuccessful 2000 campaign against George W. Bush. No politician in my memory got better press than McCain did from the national media in those days, including some from, well, me. McCain had so much sunshine blown up his ass that his colon must have looked like Cabo San Lucas.”

  4. VennData says:

    GOP Science Committee Chair Begins Hearing By Saying Scientific Climate Change Consensus Has Been “Debunked”

  5. VennData says:

    Seattle approves $15 minimum wage.

    OK the GOP can know do everything in their power to ruin this, and we can see if this experiement works.

    Go Seattle

  6. VennData says:

    Explosives Suspect Ryan Kelly Chamberlain Arrested

    ​”…Before he disappeared, Chamberlain posted a manifesto about his battles with depression. The note chronicled relationship, financial and emotional troubles he had dealt with in recent years, referring to them as the “dark times.”…”​

    ​Rule #1 don’t post your manifesto.​

  7. VennData says:

    GOP trying to message accepting there is man-made Climate change

    Tea Party YOU MUST stop this! You Must ridicule and vote against anything this guy says! Tell the GOP leadership that you do not beleive in Climate change and that you are right because the good lord made you right! And you HATE OBAMA!