10 Friday AM Reads

Is it Friday already — how did that happen so quickly? Before we send you off to work, some morning train reads to round out your week:

• Dirty Secret of $1 Trillion Loans Is When You Get Your Money Back (Bloomberg)
• A History of Misses for RadioShack (DealBook)
• The Darwin Economy: Why Smith’s Invisible Hand Breaks Down (Farnam Street)
• ‘Buy and hold’ investors: You’re doing it wrong (USA Today)

Continues here

 

 

Category: Financial Press

Scottish Banks Are Voting ‘Nay’

Source: Societe Generale   Albert Edwards, the insightful but not especially upbeat analyst at Societe Generale SA, writes to warn: The sequence of events which might flow from a Yes vote may be as unpredictable and as uncontrollable as those of the late 1980s in Eastern Europe, which led to the ultimate demise of the…Read More

Category: Bailouts, Politics

2016 Mercedes GT: 911 Fighter

 

More photos after the jump

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Category: Weekend

Making Sense of Dissents: A History of FOMC Dissents

Category: Think Tank

Made in New York featuring Derek Jeter

Ahead of his final playing days, Derek Jeter soaks in the atmosphere on a walk in the Bronx.
 

via Gatorade

Category: Sports, Video

10 Thursday PM Reads

My afternoon train reads: • Falling Stock: As renewables get cheaper and climate risks grow, Wall St sours on the coal industry (Sierra Club) • Crash Ahead!!! (Above the Market) • 401(k) fail: Expert sees ‘totally unexpected’ drop in accounts (Fortune) see also 7 fatal flaws in America’s 401(k) plans (MarketWatch) • The 314-Member Club —…Read More

Category: Financial Press

State-Level Changes in Real GDP, 2005-2013

The U.S. Bureau of Economic Analysis (BEA) recently released a trove of data on the individual state economies. You can zoom in on quarterly state-level gross domestic product (GDP) series begins from 2005 through the 2013 at Macroblog of the FRBA. But I thought it might be instructive to see what the map looks like…Read More

Category: Digital Media, Economy

BLS Preliminary Benchmark Revision to NFP

This year’s benchmark: Surprisingly small From labor wonks at the Liscio Report: This morning the Bureau of Labor Statistics released the preliminary benchmark revision to the non-farm payroll, through March 2014. The annual benchmark is based on the unemployment insurance system’s records, which cover close to 100% of establishment employment, and are the last word…Read More

Category: Data Analysis, Employment

State Street CIO Conference

Interesting day as I am scheduled to open the State Street CIO summit by  interviewing Arthur Levitt, former chairman of the SEC, right about . . . NOW. I will post an update if I can

Category: Investing, Regulation

10 Thursday AM Reads

Its the day after the FOMC meeting, and apparently, a new era is upon us: • We Still Don’t Know What $1.6 Trillion Bought Us (fivethirtyeight) see also Do the Fed’s Forecasts Get Marked to Market? (Barron’s) • Is the Strong Dollar Good for Stocks? (Barron’s) •  How to Join 9,000 U.S. Taxpayers With Romney-Sized…Read More

Category: Financial Press