Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list reports how the sequence of market returns matters in retirement…….. and the last article describes Kenneth Rogoff’s latest position (and this time its different).
- Does the Sequence of Market Returns Matter? (Craig L. Israelsen, Financial Planning) Bad investment returns in first years of retirement withdrawals can be devastating.
- Proof that the Government Spies On ALL AMERICANS (Washington’s Blog) Washington’s Blog has contributed to Global Economic Intersection.
- Update: When will payroll employment exceed the pre-recession peak? (Bill McBride, Calculated Risk)
Click on graph for larger image at Calculated Risk.
- 10 reasons why economics is an art, not a science (Barry Ritholtz, The Washington Post) “Sturgeon’s Law: 90% of everything is crap.” Econintersect would add that is the glass half-full view.
- Why Stock Investors Freak Out (Michael Finke, ThinkAdvisor)
- No Inflation Yet (Dominic Cimino, Advisor Perspectives dshort.com)
Click on image for full chart at Advisor Perspectives dshort.com.
- Norway PM Jens Stoltenberg works as secret taxi driver (BBC News) Hat tip to Sig Silber. Undercover boss, sort of.
- Watch our world warm! What was the weather like in July? What’s the trend? (Fabius Maximus) Fabius Maximus contributes to Global Economic Intersection. Important to read: You won’t find a better layman’s review of global warming than this.
- Science, Right and Wrong (Sam Kean, The American Scholar) Hat tip to Barry Ritholtz, The Big Picture.
- Rogoff Saying This Time Different Calls for Reflation (Aki Ito and Michelle Jamrisko, Bloomberg) Et tu, Brute? Or, to crack some more corn, is this time different really different?
