Econintersect: Click Read more >> below graphic to see today’s list.
The top of today’s reading list explains how the government decides what “closes” in a “shutdown”…….. and the last article discusses how the absence of a taper and more QE is coinciding with a housing slowdown.
- 143-year-old law has lawmakers treading gingerly during shutdown (Steve Liesman, CNBC, NBC News)
- The 4% Rule Doesn’t Line Up With New Reality (Miriam Rozen, Financial Planning) The 4% withdrawal rule has many exposures for retirees as life exectancies and stock market valuations are extended.
- Absolutely everything you need to know about how the government shutdown will work (Brad Plummer, The Washington Post)
- Household Net Worth: The “Real” Story (Doug Short, Advisor Perspectives dhsort.com)
Click on graph for larger image at Advisor Perspectives dshort.com.
- The third industrial revolution (R.E., The Economist, 24 September 2013)
- The Honey Launderers: Uncovering the Largest Food Fraud in U.S. History (Susan Berfield, Bloomberg Businessweek) Hat tip to Sanjeev Kulkarni. Quite a story about how employees can be unwittingly ensnared in fraud.
- Chart of the Day (25 September 2013) This is the scariest earnings chart ever. These trends are going exponential in both directions.
- Gravitational-Wave Detectors Get Ready to Hunt for the Big Bang [Preview] (Ross D. Anderson, Scientific American) Looking for the beginning of time and the hidden interiors of black holes.
- Could You Answer These 10 Questions From the US Citizenship Test? (Pamela Engel, Business Insider)
- “No Tapering, More QE, Serious Housing Slowdown” says Saxo Bank Chief Economist (Michael Shedlkock, MISH’s Global Economic Trend Analysis)
Click on graph for larger image at MISH’s Global Economic Trends.
