Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list discusses hidden FDIC settlements ........ and the last article explains why the 4% rule no longer works for retirees.
- FDIC Hides “Scores” of Bank Settlements Since 2007 (Yves Smith, Naked Capitalism) Yves Smith has contributed to Global Economic Intersection.
- Gerard Minack gets constructive on Australia (Houses and Holes, Macro Business)
- Crude Sachsism (Mark Thoma, Economist's View)
- Shortcut to U.S. Economic Competitiveness: A Seamless North American Market (Robert A. Pastor, Council on Foreogn Relations)
- 7 wealth-destroying management styles (Emplotee Benefit Advisor)
- BRIC pack will be history; big sell-off ahead: First Global (Moneycontrol Bureau, CNBC, 13 March 2013) Emerging markets collapse forecast for 2013 with few specifics. Hat tip to Sanjeev Kulkarni.
- Why Batteries Are Too Valuable To Waste On Solar Power Integration And Electric Cars (John Petersen, Seeking Alpha) Hat tip to Roger Erickson.
- Newly Wealthy Often Overpay to Be Underinsured (Michael S. Fischer, AdvisorOne)
- Insurers’ Wall Street Risks Hurt Investors, McKinsey Says (Bloomberg News, Financial Advisor)
- Why The 4% Rule No Longer Works For Retirees (Investopedia) It was 5% 15-20 years ago. Now 3% is the new 5%.