Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has Jeffrey Gundlach’s view that the bond market is still the place to be…….. and the last article describes a Trojan virus that destroys all evidence of itself after infecting your computer – a “burn after reading” process, if you will.
- DoubleLine’s Gundlach Crushes Notion of Great Rotation, Bond Bubble (Joyce Hanson, AdvisorOne, 11 April 2013) See also Fed is NOT Printing Money, Treasuries Still Good.
- Lost Brook Dispatches: The Discovery of Lost Brook Tract (Pete Nelson, Adirondack Almanack) More from the editor’s favorite great Adirondack wilderness. This one has a picture of typical bushwacking terrain enjoyed over the years (although not as challenging as some we have seen).
- Nuclear Is NOT a Low-Carbon Source of Energy (Washington’s Blog) Washington’s Blog is a Global Economic Intersection contributor. See here and here.
- Goldman Sachs: which equity market will perform best up to 2015? (Emma Dunkley, Wealth Manager)
- Commodity traders’ $250bn harvest (Javier Blas, Financial Times) The net income of the largest trading houses since 2003 surpasses that of the combination of mighty Wall Street banks Goldman Sachs, JPMorgan Chase and Morgan Stanley, or that of an industrial giant like General Electric. They made more money than Toyota, Volkswagen, Ford Motor, BMW and Renault combined. How about that for extractive power? Rentiers uber alles!
- Here’s Why Gold is Still Headed Higher (Robert McHugh, Wall St. Cheat Sheet)
- The ‘laws of economics’ don’t exist (Zachary Karabell, Reuters)
- Looking for Cheats in Corporate Tax Filings: A Descent into the Circles of Hell (Paul Buchheit, Nation of Change, 15 April 2013) Hat tip to Dan Flemming. Read this! Hard data here.
- Dan Loeb Simultaneously Solicits, Betrays Pension Funds (Matt Taibbi, Rolling Stone)
- Microsoft Discovers Trojan That Erases Evidence Of Its Existence (Kelly Jackson Higgins, Security Dark Reading)