My afternoon train reads :

• Trader A Steal at $15 Million (Bloomberg View)
• What is the difference between investing and speculation? (CFA Institute)
• Beware of reading too much into fear gauge (WSJ) see also Inflation is showing signs of picking up.  So what does that mean for inflation? (WSJ)
• Japan stock rise signals global approval of Abe plans (WSJ) see also Record Japan Buybacks Salvaging Stocks Left Out of Rally (Bloomberg)
• 19 Supermarket Mind Games That Get You to Buy More Junk Food (Buzzfeed)
• Time is running out to solve our transportation funding crisis (WonkBlog)
• Five ways the American health care system is literally the worst (Vox)
WTF? Incoming House majority leader won’t support re-authorizing Export-Import Bank (WSJ) see also Reasons Why Washington, DC, Is the Worst Place Ever (Vice)
• Dave Chappelle’s Triumphant Return to New York City (Daily Beast)
• Every Russian Novel Ever (The Toast)

What are you reading?

 

Spring 2014 Was the Hottest on Record Globally

Source: Wonk Wire

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.

6 Responses to “10 Monday PM Reads”

  1. rd says:

    Apparently toll roads are generally prohibited on Interstates – who knew? As somebody who has driven a lot on the NYS Thruway, I-95, I-476, and paid the “Escape from NJ” tax frequently it would never have crossed my mind that tolls are prohibited.

    http://www.washingtonpost.com/local/trafficandcommuting/white-house-opens-door-to-tolls-on-interstate-highways-removing-long-standing-prohibition/2014/04/29/5d2b9f30-cfac-11e3-b812-0c92213941f4_story.html

  2. rd says:

    Currency markets are being investigated for manipulation by brokers. A question I have had about ETFs is how much similar manipulation goes on with buying and selling them? The average person is not going to have extensive experience or information about their pricing on a moment to moment basis leaving them susceptible to unscrupulous market action. This is an issue for any dollar-cost averaging purchase, rebalancing, or selling them for retirement income. While there are issues with mutual funds, market execution of buy or sell orders for them is generally a small issue.

    http://www.bloomberg.com/news/2014-06-19/currency-probe-widens-as-u-s-said-to-target-markups.html

  3. RW says:

    Economic rent seeking is rampant in these United States and it costs everyone who doesn’t have a lobby strong enough to bend the rules in their direction (that mainly means thee and me my fellow peons).

    Insurance Policies for Profit: Will Wall Street Boys Ever Be Able to Survive Without Taxpayer Handouts

    We all know how hard it is for Wall Streeters to get by in a market economy, but can’t we try a little bit of tough love to see if we can’t wean them away from the public trough. The newest absurdity is the insurance policies that many large companies take out on their employees in order to game the tax system.

    Many of us might have been led to believe that these “dead peasant” policies had been eliminated with a 2006 change in the tax law. But no, …

  4. rd says:

    Paulson and Bloomberg have issued a report that predicts climate change will cost the US economy $35B or so per year due to sea level rise, agricultural stress etc.

    It looks like we have a robust competition between the financial sector and its repeated crises, government austerity, deficit spending on foreign wars, and climate change for which can do the most damage to the US economy.

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