10 Tuesday AM Reads

Good Euro morning. There seems to be no bid these days in Oil or Gold, a condition which has to end eventually. Oh, and train reads:

• Fewer active managers beat market than at any time in decade (FT)
• Revenue Softness Worries Stock Investors (WSJ)
• Significance of secular market should not be underestimated (Washington Post)
• Younger Generation Faces a Savings Deficit (WSJ) see also Retirement Planning: Millennials vs. Boomers (Research Affiliates)
• Pimco to Spend $280 Million on Staff Retention (MoneyBeat)

Continues here



Category: Financial Press

DJI, Creator of the Phantom, the World’s Most Popular Drone

DJI CEO Frank Wang, creator of the Phantom drone, speaks from the company’s Shenzhen, China headquarters about DJI’s start and the future of unmanned aircraft.

What’s Next for the Creator of the Phantom Drone?

See also
So, You Want to Own a Drone (WSJ)

Category: Technology, Video

Yellen: Central Banking: The Way Forward?

At the “Central Banking: The Way Forward?”, International Symposium of the Remarks at the Panel Discussion on “Shaping the Future of the Macroeconomic Policy Mix” Chair Janet L. Yellen Banque de France, Paris, France November 7, 2014       Remarks at the Panel Discussion on “Shaping the Future of the Macroeconomic Policy Mix” I…Read More

Category: Federal Reserve, Think Tank

10 Monday PM Reads

My afternoon train reads: • Why High-Frequency Trading Is So Hard to Regulate (DealBook) • Budget Blues Fade as U.S. Fiscal Drag Ends After Election (Bloomberg) • Gold Bulls Accelerate Retreat to This Year’s Fastest Pace (Bloomberg) • Pimco sees $48-billion outflow in October (LA Times) see also Pimco Sees $48 Billion in Outflows After Gross Departure…Read More

Category: Financial Press

Offshore Profits Avoid IRS Reach

Source:Bloomberg Visual Data

Category: Taxes and Policy

Sell Side Consensus Indicator

Source: Bank of America, Merrill Lynch

Category: Markets

Apparently, You CAN Buy (Some) Happiness

It looks as if you can buy happiness, after all. At least, in limited amounts, and up to a point. That seems to be the conclusion based on a recent survey by the Pew Research Center, part of the Pew Charitable Trust. Pew notes that Israel, the U.S., Germany and the U.K. have the happiest…Read More

Category: Economy, Psychology, Wages & Income

10 Monday AM Reads

My morning train reads: • Quantitative Easing Didn’t Build Those Stock Market Returns! (The Blaze) • Stock Market Super Fans (Reformed Broker) see also  The stock market doesn’t care how you feel (MarketWatch) • Dunning: We Are All Confident Idiots (Pacific Standard) • Employment: Party Like It’s 1999! (Calculated Risk) see also The Rise of…Read More

Category: Financial Press

Housing Market Headwinds

Housing Market Headwinds John Krainer and Erin McCarthy Federal Reserve Bank of San Francisco.     The housing sector has been one of the weakest links in the economic recovery, and the latest data continue to show only modest improvement. One obstacle to a pickup in housing demand has been tight mortgage credit standards. Indeed,…Read More

Category: Real Estate, Think Tank

Fly Through Universe

Paul Bourke, a research professor at the University of Western Australia, provides us a fly-through of the known universe, according to the 6dF Galaxy Survey: The 6dF Galaxy Survey has collected more than 120,000 redshifts over the southern sky over a 5 year period from 2001 to 2005. Its goal is to map our southern…Read More

Category: Science, Weekend