My morning  train reads (Continues here):

• The S&P 500 and DJIA closed at new records. (WSJ) see also Market’s correction-free run tops 1,000 days (America’s Markets)
• What’s a hedge fund manager to do? (Reformed Broker)
• How to bet on the price of water (Fortune)
• How Memphis Firm Decoded Bond Secrets Mystifying Wall Street (Bloomberg)

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.

11 Responses to “10 Wednesday AM Reads”

  1. hue says:

    Kareem Abdul-Jabbar: Soccer Will Never Be a Slam Dunk in America (Time)

    Todd Harrison: A Conversation About Investing in Cannabis (Minyanville) when will Monsanto make weed resistant to weed killer?

    Vacation-Phobic Americans Donate a Million Years of Work Annually (Bloomberg)

  2. VennData says:

    Rick SanYelli doesn’t believe the ADP jobs report or the Institute of Supply management and their private surveys.

    http://www.cnbc.com/id/100961677

    He guarantees the ten year won’t go over 3%

    http://www.cnbc.com/id/15838381

    So hold onto those bonds GOP political donors, please.

  3. VennData says:

    re Hedge fund managers and JB’s article…

    Hedge funds are fearless buccaneers of capitalism and need special tax treatment in the form of Carried Interest so when from time-to-time a dead weight loss in the form of their fees and a hint of under performance blemishes the American economy, we as a society will still benefit for their magniloquent private spending.

    So no more articles disparaging Hedge funds! Otherwise I am cancelling my subscription to your blog.

  4. Jojo says:

    Health Policy Perspective | NYT Now
    The Illogic of Employer-Sponsored Health Insurance
    JULY 1, 2014
    Uwe E. Reinhardt

    Imagine yourself in a bar where a pickpocket takes money out of your wallet and with it buys you a glass of chardonnay. Although you would have preferred a pinot noir, you decide not to look that gift horse in the mouth and thank the stranger profusely for the kindness, assuming he paid for it. You might feel differently, of course, if you knew that you actually had paid for it yourself.

    Persuaded by both theory and empirical research, most economists believe that employer-based health insurance is an analogue of this bar scene.

    http://www.nytimes.com/2014/07/03/upshot/the-illogic-of-employer-sponsored-health-insurance.html

    • willid3 says:

      not really convinced that if employers dropped health insurance benefit that they would increase wages, and not just take the reduced cost as more profit.
      and given recent history, why would we believe what ‘economists’ say? its like watching the weather on your local station back in the 80s or 90s. the odds werent good that what they predicted was going to be correct. they have gotten a lot better, at least for 24 hours any way. but go past that and it gets pretty iffy

  5. Jojo says:

    A public service post – the answer is YES! Get out and do some regular exercise…
    ============
    NY Times
    Can Exercise Reduce Alzheimer’s Risk?
    By GRETCHEN REYNOLDS
    July 2, 2014

    Exercise may help to keep the brain robust in people who have an increased risk of developing Alzheimer’s disease, according to an inspiring new study. The findings suggests that even moderate amounts of physical activity may help to slow the progression of one of the most dreaded diseases of aging.

    For the new study, which was published in May in Frontiers in Aging Neuroscience, researchers at the Cleveland Clinic in Ohio recruited almost 100 older men and women, aged 65 to 89, many of whom had a family history of Alzheimer’s disease.

    …..

    http://well.blogs.nytimes.com/2014/07/02/can-exercise-reduce-alzheimers-risk/

  6. willid3 says:

    education or training is needed to keep the US economy going. in the past, the middle class job could be one learned on the job. not so much any more as most higher paying (manufacturing and others) now require a lot more than just a high school degree, most now require at least post high education. but since employers dont want to do the training any more, that means either the government (and we all no that the government is cutting education and other spending as long as it doesnt help their bosses) or employee has to fund it. and there are issues with this, as the education / training is more generic (as it would have to be) so even them employers dont get an employee ready to hit the ground the first week. or month even. so they end up hunting more ad more and take longer and longer to actually get to the point of hiring (once they have even decided to hire). and of course they are only wanting to pay the newbe less than any current employees. and of course the employee ends up with a large education loan too, so they are earning less than their peers.

    http://qz.com/229174/heres-how-to-skill-up-a-worker-and-save-the-us-economy/

  7. Christopher says:

    Vegas….It’s all fun and games until you run out of clean fresh water…Now let’s go build some more!!

    http://www.lasvegassun.com/news/2014/jun/29/how-dry-we-are-nevada-desperate-drink/

  8. VennData says:

    Star Wars Museum Lands in a Galaxy Far, Far Away

    “..The entire saga embraces technology and inspires those who dream to develop products that were oncje regarded as impossible…”

    http://www.sanjoseinside.com/2014/07/01/star-wars-museum-lands-in-a-galaxy-far-far-away/

    LOL. Explosions in space? The Force? Death Stars?! Typical California right-wing-nut journalist. Rich Robinson of San Jose Inside needs to get outside more often, and take in some fresh air then go to a Midwestern University and get an engineering degree.

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