Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list presents a brilliantly constructed list of “gibberish, nonsense, garbage, and drivel” uttered by people in finance…….. and the last article gives a statement about income inequality delivered with one sledgehammer chart.
- Stupid Things Finance People Say (Morgan Housel, The Motley Fool) There are 29 things here judiciously selected from a very long list of “gibberish, nonsense, garbage, and drivel“.
- Challenges ahead; Beijing sets sights on a new China (Kevin Yao, Reuters) Hat tip to John O’Donnell. Reuters says changes will be “most sweeping in three decades“. Among the changes: land reform, reigning in “state-behemoths“, more inclusive social welfare system, deregulation of utilities and interest rates, a deposit insurance system, addressing over-indebtedness of local governments (see next article below), increasing domestic wages and consumption and downsizing governemnts from federal to local levels.
- China Reform Plan Sets Scene for Local Clampdown: Economy (Bloomberg News, 17 November 2013)
- 2013 May Become The Best Year Ever For Stocks Relative To Bonds (Matthew Boesler, Business Insider) If Ever goes back to 1970, that is.
- Judge to Apple: No Lost Profit Damages on Four Patents (Nathaniel Arnold, Wall St. Cheat Sheet)
- Climate by the Numbers (Michael Spector, The New Yorker) Can big data figure out weather patterns and can farmers insure effectively against bad weather?
- How the NYT neglects business journalism (Felix Salmon, Reuters) See Brian Abelson.com. Self-promotion is key to predicting page reads for articles at The New York Times.
Click on graph to see larger image at BrianAbelson.com.
- Elizabeth Warren won’t save the Democrats in 2016 (Zack Exley, The Guardian, 15 November 2013)
- Two child policy won’t fix China’s demographics (Leith van Onselen, Macro Business)
- Record US Income Inequality In One Chart (Tyler Durden, Zero Hedge) Hat tip to Trang Ho.
