Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports on the prospect of economic recovery in 2014 …….. and the last article suggests there is a bitcoin bubble.
- It looks like the economy might actually recover in 2014. But will it? (Neil Irwin, The Washington Post)
- Census ‘faked’ 2012 election jobs report (John Crudle, New York Post) Hat tip to Russell Huntley. The article describes how one employee padded his household survey interviews with fictitious people, reportedly more than 12 times, and only four episodes were investigated.
- The Most Disturbing Part Of The JPMorgan News Is That It’s Not Shocking At All (Peter S. Goodman, Huffington Post) Where do we go when corruption is the expected norm?
- The Looming Bond Fund Crash (Paul Amery, Index Universe.eu) Two graphs that bond holders should commit to memory.
- How McDonald’s and Wal-Mart Became Welfare Queens (Barry Ritholtz, The Washington Post) Hat tip to Russell Huntley. Low wage employees survive on public assistance.
- From Doom to Boom (and Back): Grantham Sees Stocks Soaring up to 30%, for Now (Gil Weinreich, ThinkAdvisor, 19 November 2013)
- Rethinking the Rise of Inequality (Eduardo Porter, The New York Times) The income advantages of higher education have not changed as income inequality has grown in the 21st century.
Click on graphic for larger image at The New York Times.
- Now They Tell Us: The Story Of Japan’s ‘Lost Decades’ Was Just One Big Hoax (Eamonn Fingleton, Forbes, 11 August 2013) Hat tip to cyaker.
- The Bubble in Bubbles (Barry Ritholtz, Bloomberg) Hat tip to John O’Donnell.
- Bernanke’s Strange Blessing (5 Min. Forecast, 19 November 2013)