Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has a bullish sentiment report (contrary indicator) from AAII …….. and the last article discussess the new record for foreign exchange reserves in China.
- Individual Investors Are An Emotional Wreck And It Is Astonishingly Bullish (Phil Perlman, Stocktwits) Hat to Barry Ritholtz at The Big Picture.
- Behind the Numbers on Energy Return on Investment (Mason Inman, Scientific American)
- Monetary Policy In A Liquidity Trap (Paul Krugman, The New York Times)
- Oldest dinosaur embryo fossils discovered in China (Chris Palmer, Nature)
- Debunking today’s carried interest tax arguments (Dan Primack, Fortune, CNN Money)
- Illusion of the Week: The Margaret Thatcher Illusion–a Retrospective (Susana Martinez-Conde, Scientific American)
- Another sorry debt sustainability analysis (The Prodigal Greek) Hat tip to Macro Business.
- The Incredible Rise And Unprecedented Decline Of Gold ETFs (Joe Weisenthal and Matthew Boesler, Business Insider)
- Debunking the Idea that Americans are Overtaxed (Yves Smith, Naked Capitalism) Yves Smith has contributed to Global Economic Intersection.
- China’s forex reserves reach $3.4tn (Simon Rabonivitch, Financial Times)