Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list has three articles proclaiming the end of the 30+ year bull market in bonds. …….. and the last article is about Tesla’s promise to build more charging stations.
- Swoon In Bonds Puts Eye On Fed (David Wessel and Victoria McGrane, The Wall Street Journal) Analysts differ on whether a sharp May rise in long-term interest rates signals a bursting bond bubble, the aftereffect of clumsy Fed communication or a welcome sign the U.S. economy is, at last, on the mend.
- David Rosenberg – My Love Affair with Bonds is Over (Robert Huebscher, Advisor Perspectives) Robert Huebscher has contributed to Global Economic Intersection.
- Sell U.S. Treasuries Before They ’Crash,’ Bank of America Says (Kenneth Foo, Bloomberg)
- Why Can’t America Be Sweden? (Tom Edsall, The New York Times)
- Outsourcing the Legal System (Alex Mayyasi, priceonomics) Hat tip to The Big Picture.
- Column: Meet ticked-off editor who helped Bernstein make history with Woodward (Dan Berkin, Raleigh News&Observer)
- Reinhart And Rogoff’s Pro-Austerity Research Now Even More Thoroughly Debunked By Studies (Mark Gongloff, Huffington Post)
- The IRS “Scandal” Scandal (William Boardman, Reader Supported News) Hat tip to Joe Furestone.
- Political secret: How the Republicans really do cooperate with the Democrats (Rodger Malcolm Mitchell, Monetary Sovereignty) Rodger Malcolm Mitchell contributes to Global Economic Intersection. This is hilarious, and also distressing.
- 4 estate planning concerns for clients with vacation homes (Tom Nawrocki, Life Health Pro)