10 MidWeek PM Reads

My afternoon train reading:

• Russia Bond Sales Fail on Ukraine Tension (Bloomberg)
• Valuing the S&P 500 Dividend Yield (Avondale Asset Management)
• A Short Introduction to Investing (in 400 words) (Above the Market)
• Large Caps Are Cheaper Than Small and MidCaps (Dr. Ed’s Blog)
• No, the SEC Didn’t Collude With Goldman Sachs on CDOs (Bloomberg View)
• The Banks and Austerity: a simple story of the last ten years (Mainly Macro)
• The single biggest cause of government data breaches is “oops” (Quartz)
• A more equal society will not hinder growth (FT) see also How Progressive is the U.S. Federal Tax System? A Historical and International Perspective (Berkeley)
• Spanish judge disbarred for pursuing a banking corruption case (Al Jazeera America)
• Why Apple Is Like a Movie Studio (Re/Code)

What are you reading?


Newspaper Industry Ad Revenue at 1953 Levels

Source: Columbia Journalism Review

Category: Financial Press

Economic Indicators Dashboard

Updated: April 22, 2014 Source: Russell Investments

Category: Digital Media, Economy, Markets

How Is Winter Weather Affecting Home Sale Data?

Source: Calculated Risk   I have heard a fair amount of chatter about the awful winter weather’s impact on home sales. Let’s clarify the different measures in use for New and Existing Home Sales to see what we can find. U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly release the…Read More

Category: Data Analysis, Real Estate

10 MidWeek AM Reads

My reads, your eyeballs: • Dow Theory: Buy Signal Within Sight (MoneyBeat) • Still Believe in Efficient Markets? Explain This… (Pension Partners) see also Why Indexes are Capitalization-Weighted (Aleph Blog) • Canada: The Next Oil Superpower? (National Interest) • Is Famed Fiduciary Advocate Ron Rhoades Ready to Concede Defeat? (Fiduciary News)   continues here

Category: Financial Press

Gasoline Tax, Unchanged Since 1993, is Due for an Increase

Roads are crumbling, bridges are collapsing, and what was once considered one of the greatest achievements of any government anywhere has fallen into embarrassing disrepair. I am of course discussing our nation’s infrastructure. Last year, the American Society of Civil Engineers gave the U.S. infrastructure a D+. When it comes to the most basic functions…Read More

Category: Energy, Really, really bad calls, Taxes and Policy

Buy This Dip?

Buy This Dip? By Peter T. Treadway April 21, 2014       The Innovation Economy begins with discovery and culminates in speculation… And so at each stage the Innovation Economy depends on sources of funding that are decoupled from concern for economic return. Throughout the history of capitalism, financial bubbles have emerged and exploded…Read More

Category: Investing, Technology, Think Tank

On Fire-Sale Externalities, TARP Was Close to Optimal

On Fire-Sale Externalities, TARP Was Close to Optimal Fernando Duarte and Thomas Eisenbach Liberty Street Economics April 15, 2014     This post is the third in a series of six Liberty Street Economics posts on liquidity issues. Imagine that many large and levered banks suffer heavy losses and must quickly sell assets to reduce…Read More

Category: Bailouts, Federal Reserve, Think Tank

10 Tuesday PM Reads

My afternoon train reading • If Capital Grows This Fast, How Come Fortunes Disappear? (Bloomberg) • Beware Of The Walking Dead In Your Portfolio (Forbes) • Mortgage lenders ease rules for home buyers in hunt for business (WSJ) • Average credit card interest up to shocking 21% (NY Post) • Your Environment Matters If You Want To Make Better…Read More

Category: Financial Press

Start-ups Offer Financial Advice to People Who Aren’t Rich

Source: NY Times

Category: Investing, Markets, Technology

10 Tuesday AM Reads

You have to read something.  You should read these things: • Bull vs. Bear debate: Is pullback over? (USA Today) • Busting The Stock Picker’s Market Myth (Rick Ferri) see also Longer term, the case for small caps. (WSJ) • 9.1 Million U.S. Homes Still ‘Underwater’, Down 26 Percent (World Property Channel) • The Potential Bubble the Federal Reserve…Read More

Category: Financial Press