Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list flies in the face of the reports of a European recovery …….. and the last article says the bind market is a generational sell.
- So you think Europe’s debt crisis is finally over? Time to think again (Jeremy Warner, The Telegraph) “Among eurozone policymakers, the relief is palpable.” To the contrary, “Europe will remain economically depressed and crisis ridden for a long time to come.”
- Why Retirement Risks Are Best Shared (Justin Fox, Harvard Business Review) Author thinks defined contribution plans individually managed are just plain dumb.
- Elon Musk thinks he can get you from NY to LA in 45 minutes (Damon Lavrinc, Wired, CNN Tech, 12 August 2013) Hat tip to Matt Lato, Newsana.
- Hyperloop de-hyped (Izabella Kaminska, Financial Times, FT Alphaville)
- Comment: The Key Downside Economic Risk (Bill McBride, Calculated Risk) The risk in one word? Stupidity.
- Penny-Stock Fraud Operators Mastered The Art Of Cross-Selling (Matt Levine, Dealbreaker) Indictments for operating “one of the largest international penny stock frauds and advance fee schemes in history.“
- Hindenburg Omen – Imminent Warning or Just Hot Air? (Chris Puplava, Advisor Perspectives.dshort.com) Chris Puplava has contributed to Global Economic Intersection.
Click on chart for larger image at Advisor Perspectives.dshort.com
- Jayati Ghosh: Marie Antoinette economists have lost their basic grounding (Jayati Ghosh, The Times of India) Hat tip to Sanjeev Kulkarni. Jayati Ghosh contributes to Global Economic Intersection.
- The Hidden Agenda Behind Obama’s Mortgage Initiative (Peter Morici, Newsmax Money News)
- A Generational Selling Opportunity for the U.S. Long Bond (Jim O’Shaughnessy, O’Shaughnessy Asset Management) Hat tip to The Big Picture.
