econintersect.com
       
  

FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.



>> Click Here for Historical Wall Post Listing <<

What We Read Today 15 March 2014

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

Today there are 15 articles discussed 'behind the wall'. The last 5 are about bitcoin.

  • Closing the Door on the Great Financial Crisis (Steve Keen, Business Spectator) Steve Keen has contributed to Global Economic Intersection. Steve presents a graph that demonstrates that private sector deleveraging is ended for the U.S. and Australia, but probably not yet for the UK. He concludes that we have learned a valuable (but not a new) lesson: "So this crisis has proved the old adage that history teaches that we learn nothing from history.

private-debt-interest-rates-steve-keen-2014-mar-13

  • The Financial Sector Is the Greatest Parasite in Human History (Ben Strubel, New Economic Perspectives) The article has a graph which shows the dimension of the parasitic action. The total (gross) rent for the FIRE (financial,insurance and real estate) sector is more than double the net rent, which is proportional to the net investment in the economy. The difference between the red line and the blue is proportional to the rent siphoned by FIRE in excess of the rent derived from supporting production if real goods and services outside FIRE.

fire-rent-nep-ben-strubel-2014-mar-13

  • Smart Tax Trick for Clients' Land (Donald Jay Korn, Financial Planning) Pairing a big land donation tax deduction with a large traditional IRA to Roth conversion can make sense.
  • Former Napfa Chair Spangler Gets 16 Years For 'Complete Betrayal' (Raymond Fazzi, Financial Advisor) The National Association of Personal Financial Advisors (NAPFA) is the professional association of fee-only financial planners. The organization is comprised of "financial professionals who meet the highest membership standards for professional competency, client-focused financial planning, and Fee-Only compensation." Former chairman of NAPFA, Mark Spangler, has been sentenced to 16 years in federal prison for stealing millions from clients.

gold-break-out-2014-mar-14

  • Treasuries Rise As Gundlach Says Yields Will Fall; Gross Sells (Bloomberg, Financial Advisor) Two bond gurus, two different opinions and both are playing with real money to back their opinions. Jeffrey Gundlach (DoubleLine Capital LP) says bonds will move higher (lower interest rates), while Bill Gross (PIMCO) is selling treasuries.
  • S&P 500 fails rally attempt (Lido Isle Advisors, Futures Magazine) The most interesting part of this article is the chart for wheat. Apparently Ukraine is still the breadbasket of Europe and unrest there driving wheat futures up sharply.

wheat-2014-mar-14

bitcoin-prices-volatility

  • Buffett blasts bitcoin as 'mirage': 'Stay away!' (Alex Crippen, CNBC) Bitcoin is an electronic ledger, comparable to a checkbook or a money order, with anonymity as a feature. It is not an asset any more than check paper or money order paper is an asset.


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.






Econintersect Behind the Wall



search_box

Print this page or create a PDF file of this page
Print Friendly and PDF


The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.


Take a look at what is going on inside of Econintersect.com
Main Home
Analysis Blog
Angst in America, Part 5: The Crisis We Can’t Muddle Through
Was Marx Right?
News Blog
Kim Jong Un Pretends To Fly An Airplane
21 April 2017: ECRI's WLI Growth Index Continues to Slow
Final April 2017 Michigan Consumer Sentiment Continues Positive Trend
April 2017 Chicago Purchasing Managers Barometer New Orders Close To Three-Year High
Advance Estimate 1Q2017 GDP Quarter-over-Quarter Growth at 0.7 Percent.
Rail Week Ending 22 April 2017: Marginally Slower Week
March 2017 Median Household Income Not Significantly Different
Infographic Of The Day: The Largest Company Headquartered In Each State
Early Headlines: Asia Stocks Down, Dollar, Oil, And Gold All Up, Trump Will Pay ACA $, State Dept To Cut 9%, Trump Tax Plan, UK House Prices Drop, France GDP Growth Slows, And More
What Americans Shop For With Coupons Online
Fact Check: Are A Million African Migrants Already On Their Way To Europe?
Doctor Google Will See You Now
What We Read Today 27 April 2017
Investing Blog
Think Differently For Better Trading Results
Facebook Is Coming After Snapchat From All Sides
Opinion Blog
Trump's Tax Plan Is Brilliant Politics And Even Better Economics
Facts Are Not Always More Important Than Opinions: Here's Why
Precious Metals Blog
A New Age For Gold
Live Markets
28Apr2017 Pre-Market Commentary: Wall Street Expected Top Open Fractionally Higher, But Trading Will Mirror Yesterday's Session And Remain In A Tight Band, Crude Prices Starting To Move Upward
Amazon Books & More






.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government































 navigate econintersect.com

Blogs

Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day
Weather

Newspapers

Asia / Pacific
Europe
Middle East / Africa
Americas
USA Government
     

RSS Feeds / Social Media

Combined Econintersect Feed
Google+
Facebook
Twitter
Digg

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution

Contact

About

  Top Economics Site

Investing.com Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2017 Econintersect LLC - all rights reserved