Econintersect: Click Read more >> below graphic to see today's list.
The top of today's reading list is about Ron Paul explaining why he thinks bitcoin could 'destroy the dollar' ........ and the last article shows Fannie and Freddie REO (repossessed properties owned) leveling off at almost 2.5 times the level before the Great Recesssion.
- Ron Paul: Bitcoin could 'destroy the dollar' (Jose Pagliery, CNNMoney) Hat tip to Mark Thornton, who is quoted at the end of the article.
- Nasdaq 4000: Stocks are Not Behaving Like It’s 1999 (Russ Koesterich, iShares Blog) Russ Koesterich has contributed to Global Economic Intersection.
- Never Saw It Coming (Alan Greenspan, Foreign Affairs) Huh! You mean rational expectations do not determine macro action?
- The Ten Commandments of Dividend Investing (Jared Cummans, Dividend.com) Beware of hidden pitfalls with some large dividend payers.
- Reimagining India: A conversation with Naveen Tewari (McKinsey & Company) See also GEI News Rebranding India.
- 8 Cars (and Trucks) Dead for 2014 (Justin Lloyd-Miller, Wall St. Cheat Sheet)
- Euthanasia of the Economy? (Niels C. Jensen, John Mauldin, Outside the Box) The fiollowing graph shows that a decline in asset price growth rates (except for Japanese stocks) occurred as QE stages progressed. It is a stretch to say the QE caused the decline, however. Correlation is not causation - additional proof is required.
- Here's why Wall Street has a hard time being ethical (Chris Arnade, The Guardian)
- Fannie, Freddie, FHA REO inventory declined slightly in Q3 (Bill McBride, Calculated Risk) Is the volume of lender owned repossessed property reaching a "new normal " at 2 to 2.25 times the pre-crash level?